23 min 44 sec
Episode 5: Martin King on leadership, regulation and the future of property management
Martin King on how regulation will shape property management and why investing in people and skills is vital to maintaining high standards.
In this episode
Host Mairead McErlean is joined by resident director Peter Scott and leasehold expert Shabnam Ali‑Khan to explore what commonhold could mean for everyday homeowners, and why its success depends as much on people as policy. Drawing on real‑world experience, they discuss how commonhold offers greater control and transparency while relying on active homeowner involvement, collaboration and clear communication to work in practice.
Key Takeaways
- Commonhold – awareness vs. reality: Commonhold is gaining attention, but remains unfamiliar with limited real‑world adoption.
- Lessons from share of freehold: Insights from share of freehold as a comparable ownership model to commonhold.
- The role of engaged owners: The importance of active owner engagement in successful, owner‑controlled developments.
- Effective collaboration in practice: How resident directors work with managing agents to ensure smooth running, safety, and compliance.
- Building capability through learning: Why education and training are essential for effective resident directors.
Episode details
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This insight article: Commonhold’s real test is not the law. It is whether people are ready to make it work explores why as commonhold discussions continue, the reality is far more complex than a simple choice between old and new.
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Mairead McErlean
Head of Compliance and Regulatory Affairs, FirstPort
Mairead is Head of Compliance and Regulatory Affairs at FirstPort, where she provides strategic guidance on current and emerging legislation and regulatory frameworks.
Shabnam Ali-Khan
Partner, Russell Cooke
Shabnam is a partner at Russell Cooke and an ALEP accredited specialist in residential leasehold law. She advises on lease extensions, collective enfranchisement, right of first refusal, and a wide range of landlord and tenant issues.
Peter Scott
Director, IVCO Management Company Limited
Peter is one of five Directors of IVCO Management Company Limited, which owns the freehold of Blocks 2 to 6 Iverna Court in Kensington – working with FirstPort as it’s appointed managing agent.
Transcript
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