ARMA Regulated

Plymouth Block Management are members of ARMA (Association of Residential Managing Agents).

WHY USE AN ARMA MEMBER?

Arma Registered

It's worth remembering that the residential leasehold sector is unregulated. Anyone can set up as managing agent and start collecting service charges without the relevant qualifications or experience. ARMA Accredited managing agents must meet the ARMA Consumer Charter & Standards, a bespoke set of professional standards aimed at consumer protection and best practice in all areas of residential long leasehold management.

 

As an ARMA member we comply with these standards, so by appointing an ARMA agent to manage your property you can have peace of mind that we conform to high standards and are independently regulated.

By using an ARMA Accredited managing agent you can be confident that:

  • They have the right professional experience: every member must prove they have at least two years' residential management experience
  • Your service charge money is being held legally and safely: all members must demonstrate they hold service charge monies in trust as required by law
  • The member has Professional Indemnity Insurance: this covers you against inadequate advice and negligence relating to a member
  • Your agent is committed to and bound by professional standards: all ARMA agents must comply with the RICS Service Charge Residential Management Code. This defines best practice in the sector. If they do not follow the Code, they could be subject to disciplinary action

 

If you have any questions, please do contact us via phone (01752 257338) or email (info@plymouthblockmanagement.com).