Revised RICS service charge code of conduct - June 15th, 2011 by Louise

As you may be aware, the RICS have introduced changes to the 2006 service charge code of practice. The new code (RICS code of practice for service charges 2nd edition) comes into effect on 01/10/2011 and as we understand it, is only applicable to commercial, more complex service charge properties; if you would like to look at the regulations yourself you will find the relevant information on the following link.

We have now finalised the changes required and these are currently being tested.