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Did you know…? We are ARMA accredited…

We are ARMA accredited. ARMA is the leading professional body for residential managing agents in England & Wales.

By using us, as an ARMA Accredited managing agent, you can be assured that:

We have the relevant professional experience: it is a requirement that every ARMA member provide evidence of at least two years’ experience of residential management.

Your service charge money is being held legally and safely: all members must prove they hold service charge monies in trust in accordance with current law.

We have suitable and adequate Professional Indemnity Insurance.

We are committed to and bound by professional standards: As ARMA agents we are obliged to follow the RICS Service Charge Residential Management Code, which defines best practice in the property management sector.

 

Should your Estate collect Reserve Funds?

Some leases allow for reserve funds to be collected, but rarely specify how much can be held or what these funds can be used for.

For more information on Reserve Funds, click below

https://arma.org.uk/arma-whitepaper-the-importance-of-reserve-funds-for-your-block/

to read ‘The Importance of Reserve Funds for Your Block: An ARMA Introductory Guide’ produced by our professional body, ARMA.