This summer, a working group report by Lord Best argued for big changes to the residential property management industry and next year the Law Commission will publish its long-awaited proposals on how to improve resident-run right to manage (RTM) companies, how leasehold enfranchisement can be made easier and whether commonhold could provide a solution to all of this.

Regulation is coming for the residential property management industry, and there are signs that the sector is already reacting to this.