Accreditation

To develop the LKP accreditation scheme, we consulted widely among ordinary leaseholders, many of whom had contacted us through the Carlex website. We were also assisted by sympathetic solicitors and organisations such as the Federation of Private Residents’ Association, Carlex, the Charter Quay Residents’ Association, directors of the main housebuilders and property managing agents.

The accreditation documents will be updated to take into account improvements suggested by leaseholders and our accredited members.

The accreditation documents do not require a 100 per cent pass mark, as even in key areas – eg contingency funds – there is a need to be flexible. But they will provide an understanding of how you are managing your business and whether you share the ethos of   LKP.

The annual fee structure for LKP accreditation for managing agents:

Up to 200 units     £200 plus 50p per unit
201 to 500 units    £300 plus 50p per unit
501 – 1000 units    £400 plus 50p per unit
1001 – 2000 units    £475 plus 50p per unit
2001 – 4000 units    £575 plus 45p per unit
4001 + units    £675 plus 43p per unit

Maximum fee     £3,000.00 p.a.
Affiliates – other organisations £500.00 p.a.
(includes solicitors, right to manage organisations, surveyors etc)
Developers – £750.00 + 50p per unit built previous year.

 

Click below for

LKP accreditation form

 

 

Comments

  1. Sue Stuckey says

    How does being accredited by LKP make a managing agent more reliable and trustworthy than one admitted to membership of ARMA or ARHM?

  2. admin says

    Several reasons:
    The managing agents cannot also be a freeholder;
    They cannot be beholden to a single freeholder client;
    Most of their management is for resident management companies;
    They have to agree to the accreditation process: easy access and frequent accounting as is stated on this site;
    There cannot be inter-company contracts (kick-backs);
    References are scrutinised and the referees are ordinary leaseholders;
    If a managing agent goes over to the dark side, which would be a failure of the LKP process, he will be publicly thrown out of the organisation;
    LKP is not a trade body, or involved in property management;
    LKP is a campaigning body with a strong editorial ethos to address the inherent unfairnesses in leasehold;
    Managing agents sign up to that ethos, or they can go elsewhere.

    It is worth adding that the biggest and richest managing agents in the country, which have long held the whip-hand in both the organisations you name and which have obvious conflicts of interest, would not be eligible for membership of LKP.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>