Initiative Property Management Closure

Why Regulation Matters

Initiative Property Management, a well-known managing agent on the south coast, ceased business this week, with criminal allegations about use of client bank funds and other rumours and conjecture.

Unfortunately our industry is 100% unregulated, and it relies on companies volunteering proactively for regulation. Sadly IPM chose not to be regulated and as a result, leaseholders funds were not protected and their business activities were not regulated, audited or inspected.

At Evolve we are fully regulated members of and affiliates of this means you, your sites and your funds are in safe hands.

Contact Us Today to find out how we can help take over the management of your site as quickly as we can, and get you back up and running.