Managing agents need to be regulated to help protect leaseholders and commonholders from irresponsible and unprofessional operators and to help raise the standard and professionalism of the industry

Why is this idea important?

Managing agents are in a powerful position controlling large service charge accounts, deciding or influencing how and where that money is spent and generally being pivotal in how a building is run.  Some are just the puppet companies of irresponsible landlords.  Yet despite agents being in such a strong position to expoi leaseholders, they operate in an unregulated and unchecked market.

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