This bill creates an independent regulator (IRMA) for managing agents in England's leasehold and commonhold sectors, introducing mandatory licensing, a code of practice, and regulatory oversight to protect leaseholders.
A Bill to establish an independent regulator of managing agents; to make provision about the powers and duties of the independent regulator; to require managing agents to comply with a code of practice and to make provision about that code of practice; to make provision for a licensing scheme for managing agents; to make further provision about the regulation of managing agents; and for connected purposes.
Status: In Progress
Current House: Commons
Stage: 1st reading
Sponsored by: Danny Beales
Introduced: 2025-07-16