Understanding the Service Charge Residential Management Code - A Guide for Landlords and Residents

The Service Charge Residential Management Code, now in its third edition and published by the Royal Institution of Chartered Surveyors (RICS), is a vital resource designed to enhance the management of service charges in residential properties in England. This Code is approved by the Secretary of State and outlines best practices that promote transparency, fairness, and accountability between landlords and leaseholders.

This article aims to clarify key aspects of the Code for both landlords and residents, offering insights into their respective roles, rights, and responsibilities.