Competition and Markets Authority

The Competition and Markets Authority report into the market for residential leasehold management in England and Wales was published on 2 December 2014. Satisfaction rates for management were 25% percentage points higher for blocks with Residents Management Companies (RMCs) and Right To Manage Companies (RTMs) in control of management. Overall satisfaction was high with 83% rating services as good compared to 58% for non-RTM/RMC leaseholders.