ARMA Membership 23/24
Watsons are excited to announce that we have renewed our membership with ARMA for 2023/2024.
ARMA, the Association of Residential Managing Agents, is the leading professional body for residential managing agents in England and Wales.
They promote high standards of leasehold management and professionalism through advice, training, and guidance.
Watsons is now the only managing agent in Norfolk to hold both RICS and ARMA membership, along with membership of IRPM (The Institute of Residential Property Management).
Why is ARMA Important to Leaseholders and Freeholders?
In a word.
Regulation!
As ARMA points out ‘it’s worth remembering that the residential leasehold sector is unregulated’ so anyone can set themselves up as a managing agent and start collecting service charges.
So, as an ARMA member, you can have increased confidence when appointing Watsons to be your managing agent.
To achieve ARMA accreditation Watsons was required to:
- Prove that we are experienced managing agents
- Demonstrate that service charge monies are held in the correct way
- Have professional indemnity insurance
- Agree to comply with the RICS Service Charge Management Code
- Belong to an independent redress scheme
We are very proud to be an ARMA member and are committed to supporting the association’s mission to advance the profession of residential managing agency.
Find out more about our Block and Estate management today!