When choosing a property professional, whether for a valuation, property management, agency or consultancy advice, you’ll often see firms describe themselves as “RICS-regulated”.
But what does that actually mean, and why should property owners care?
In an increasingly complex property market, working with a RICS-regulated firm provides reassurance that you are receiving professional advice backed by recognised industry standards.
What Is RICS?
The Royal Institution of Chartered Surveyors (RICS) is the world’s leading professional body for property, land and construction professionals.
RICS sets strict standards for professional conduct, ethics and technical competence.
To become a Chartered Surveyor, individuals must complete rigorous training, demonstrate professional competence and commit to ongoing professional development throughout their careers.
Why Does Regulation Matter?
Property decisions often involve significant sums of money.
Whether you are selling a home, managing a portfolio, purchasing commercial premises or dealing with probate matters, professional advice can have a substantial financial impact.
RICS-regulated firms are required to:
- Maintain professional indemnity insurance
- Follow strict professional standards
- Operate formal complaints procedures
- Undertake regular compliance reviews
- Adhere to ethical codes of conduct
This provides additional protection for clients and helps ensure advice is delivered to a consistently high standard.
Expertise You Can Trust
Property markets can be complex and constantly changing.
RICS professionals are trained to provide evidence-based advice, drawing on market data, professional standards and local expertise.
This is particularly important for valuations, where accuracy and objectivity are essential.
Why Oakwood?
As a RICS-regulated firm, Oakwood provides residential, commercial and rural property services across the North West and North Wales.
Our clients benefit from professional advice, local market knowledge and the confidence that comes from working with qualified property professionals.
Whether you require a valuation, property management support or strategic property advice, our team is here to help.
