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RMC DIRECTOR TRAINING

Expert-Led Training for RMC Directors

Our training provides support and guidance to help you to understand your responsibilities as a Resident Management Company Director.

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Why Choose Innovus Innovus Chevrons Colour-xs

We’ll train you to feel confident in your role and avoid the risks of non-compliance through timely updates.

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Expertise

We have over 25 years of relevant company secretarial experience

Trustworthy

Trusted by over 1,700 RMCs

Compliance

We have full knowledge of all prevailing legislation

Accreditations & Recognition

Recognised for excellence and regulated by the industry's leading bodies.

We Won at the Inspiring Women in Property Awards 2025!
The Property Ombudsman Accreditation
Regulated by the Royal Institute of Chartered Surveyors
Innovus ISO Accreditation

The Risks of Inadequate RMC Director Preparation

Serving as an RMC Director without proper understanding of your responsibilities can expose you to serious personal and financial consequences.

Personal Liability Risks

As an RMC Director, you have legal duties under the Companies Act 2006. Failing to meet these obligations could result in personal liability, including potential prosecution for breaches such as failing to file accounts on time, maintain proper company records, or comply with health and safety requirements. Directors can face unlimited personal fines and even disqualification from serving as a director for up to 15 years.

Financial Consequences

Poor financial management or inadequate oversight of service charge funds can lead to budget shortfalls, special levies on residents, and potential legal action. Directors may be held personally liable for financial losses resulting from negligence or breach of fiduciary duty, particularly if company funds are mismanaged or contracts are poorly negotiated.

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Building Safety Compliance

With the Building Safety Act 2022, RMC Directors of high-rise buildings face increased accountability. Failure to maintain proper fire safety measures, complete required inspections, or address building defects could result in enforcement action, substantial fines, and in severe cases, criminal prosecution if resident safety is compromised.

Reputational and Community Impact

Inadequate management can lead to deteriorating property conditions, falling property values, and strained relationships within your community. Poor decisions or lack of action on critical maintenance can create long-lasting disputes among residents and damage the harmonious environment you're trying to protect.

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Innovus RMC Director Training Areas

Our comprehensive RMC Director Training ensures you understand your responsibilities and provides the knowledge and tools to fulfill your duties confidently and competently, protecting both yourself and your community.

Online RMC Director Training

A comprehensive modular online training course designed to equip RMC and RTM Directors with the essential knowledge, practical skills, and ongoing support they need to confidently fulfil their responsibilities and protect their developments. The full course will help you to: 

  • Understand legal responsibilities and ensure compliance. 
  • Approve service charge budgets and financial reporting. 
  • Oversee property maintenance and understand safety regulations. 
  • Make informed, strategic decisions that benefit the development and its residents. 
  • Mitigate risks related to governance, liability, and fiduciary duties. 
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What is a Resident Management Company?

Find out what it entails to become a Resident Management Company.

Read More

What are the responsibilities of a Resident Management Company Director?

Learn about the responsibilities of a Resident Management Company Director, from compliance with legal obligations to overseeing service charges and more. 
Read More

The six traits of a successful Resident Management Company Director?

Read our highlights on the six common traits of successful resident directors.

Read More

Training Benefits

How you can benefit from undertaking RMC Director Training with Innovus

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Understanding

A deeper understanding of your key roles and responsibilities

Clarity

Navigate the complexities of building, company, and landlord and tenant legislation

Risk Mitigation

Be informed about health and safety obligations to mitigate risk

Strategy

Make better, more strategic, and informed decisions for your development

Communication

Communicate effectively with your community, stakeholders, and residents

Finance Management

Effectively manage your financial obligations

Frequently Asked Questions

Will I be paid for being a Resident Management Company Director?

No, the role is voluntary. It is a wonderful opportunity to have a say in how your development is run and to make decisions about where you live.

Could I be prosecuted if something goes wrong?

Our company secretarial experts ensure that the company complies with its obligations to Companies House.

Directors and Officers Insurance also covers directors for any acts undertaken in good faith while carrying out the role. As a director, you can request legal advice when dealing with any matter for which they feel is necessary.

We offer bespoke training solutions to make sure you remain fully compliant.

Do I need any previous experience or qualifications to be a director?

You do not need previous experience or qualifications. While knowledge of accounting, law or property management is an advantage, it is more important to have a passion for looking after the place where you live. 

Is there an age limit?

There is no statutory upper age limit for directors in England and Wales, although there is a minimum age of 16. Some company articles may have an upper age limit.

How much time do I need to fulfil my role as a director?

The amount of time will depend on the size and complexity of the development and the number of fellow directors who take on the role.

Your property manager is there to handle the day to day running of the business so the extent to which you are involved is up to you.

Do we have to hold an AGM for our company?

Private companies are not required to hold an AGM unless required to do so by the company articles.

However, you may wish to consider whether it is good practice to hold one, even if it is not a requirement.

How often do I need to attend board meetings?

Board meetings should be held as often as necessary for the efficient running of the company.

Do I have to live on site?

No, if you satisfy the criteria for becoming a director, then you do not have to live on site.

Ready to Enhance Your Skills as an RMC Director?

Register your interest using the short form at the top of this page to learn more about our training solutions tailored to your specific needs.

Our expert team will be in touch promptly to discuss how our comprehensive director training programs can help you manage your responsibilities with confidence.

 

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