[level-member] The Financial Report Council have created an Abstract draft for Residential Management Companies’ Financial Statements The full draft can be viewed here and the FPRA response to the invitation for comments can be viewed here [/level-member]
Month: December 2013
Sir Peter Bottomley MP calls for urgent Leasehold Reform
Posted onA packed audience at the recent FPRA Annual Conference 2013 listened to a hard hitting speech by Sir Peter Bottomley MP outlining how the system is open to dreadful abuse, and how reform is long overdue. Tim Powell, London Regional Judge from the Residential Property Tribunal outlined how the new First Tier Tribunal works, and Michelle […]
Good news for leaseholders
Posted onThere’s seldom much good news for leaseholders, but today the Office of Fair Trading (OFT) has announced it is to launch a major study into the residential leasehold property management sector. The OFT is at last responding to widespread complaints about poor quality service, dodgy freeholders and rip-off fees. See OFT press release for more […]