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Service charge residential management code and additional advice to landlords, leaseholders and agents [electronic resource]

By: Language: English Series: RICS Professional StandardPublication details: London, RICS, March 2026Edition: 4th editionISBN:
  • 9781783215522
Subject(s): LOC classification:
  • 333.33 $2 18
Online resources: Summary: Comes into effect 7 April 2026Summary: The 4th edition of the code, reviewed by the Ministry of Housing, Communities and Local Government (MHCLG) and approved by the Secretary of State, is effective from 7 April 2026. It applies only to residential leasehold properties in England, but practitioners operating in other parts of the UK are encouraged to follow the best practice guidelines contained in the code. This code is written to promote desirable practices in respect of the management of residential leasehold property, with the latest edition of the code reflecting recent developments in legislation, such as the Building Safety Act (2022) and the Fire Safety Act (2021) and good practice. Effective property management requires cooperation and a shared understanding of procedures and potential problems. The code is intended for RICS members and regulated firms acting as landlords, social housing landlords, leaseholders, managing agents, managers and occupiers of leasehold property. Additionally, parts are specifically intended for other parties such as property owners and professional advisers.Summary: Supersedes 3rd edition (ISBN 9781783211418)
List(s) this item appears in: Residential Property | Landlord & Tenant - Residential UK

On 30 March 2026, section 10.10 of the code was amended to refer to updated guidance from LEASE on section 20 consultation.

Comes into effect 7 April 2026

The 4th edition of the code, reviewed by the Ministry of Housing, Communities and Local Government (MHCLG) and approved by the Secretary of State, is effective from 7 April 2026. It applies only to residential leasehold properties in England, but practitioners operating in other parts of the UK are encouraged to follow the best practice guidelines contained in the code.

This code is written to promote desirable practices in respect of the management of residential leasehold property, with the latest edition of the code reflecting recent developments in legislation, such as the Building Safety Act (2022) and the Fire Safety Act (2021) and good practice. Effective property management requires cooperation and a shared understanding of procedures and potential problems.

The code is intended for RICS members and regulated firms acting as landlords, social housing landlords, leaseholders, managing agents, managers and occupiers of leasehold property. Additionally, parts are specifically intended for other parties such as property owners and professional advisers.

Supersedes 3rd edition (ISBN 9781783211418)