Conflict of Interest Policy.
Professional conduct declaration.
Precedent is committed to maintaining the highest standards of integrity, impartiality and professional conduct in the delivery of its services. We recognise that our clients are entitled to receive independent and objective advice and that confidence in our services depends upon our ability to identify, manage and, where appropriate, avoid conflicts of interest. This policy sets out the principles and procedures adopted by Precedent to ensure that actual, potential and perceived conflicts of interest are identified and managed in accordance with the standards and obligations expected of Managing Agents in England and Wales.
Statement
Precedent will act honestly, fairly and in the best interests of its clients at all times. We are committed to ensuring that our professional judgement is exercised independently and is not influenced by personal interests, commercial considerations or competing client interests.
Prior to accepting any new instruction, and throughout the duration of our appointment, we undertake appropriate checks to identify any circumstances that may give rise to an actual, potential or perceived conflict of interest. Where such circumstances are identified, they are assessed promptly to determine whether the conflict can be managed appropriately whilst continuing to act in the interests of all affected parties.
Where a conflict cannot be managed in a manner that preserves our independence, professional obligations or the confidence of our clients, we will decline to accept, or will cease to act on, the relevant instruction.
Confidentiality
Precedent recognises that confidentiality is fundamental to the management of conflicts of interest. Information obtained during the course of an instruction will be treated as confidential and will not be disclosed or used for the benefit of another client or third party except where authorised by the client, required by law, or otherwise permitted by our professional obligations
Ongoing Monitorin
Conflicts of interest may arise at any stage during an instruction. Accordingly, conflict assessments are not limited to the commencement of an appointment and are reviewed throughout the course of our engagement. Any employee, consultant or representative engaged by Precedent is required to disclose circumstances that may create or appear to create a conflict of interest, enabling appropriate action to be taken without delay.
Governance
Responsibility for the implementation and oversight of this policy rests with the Director of Precedent. Appropriate procedures are maintained to ensure compliance with applicable legislation, regulatory requirements and the professional standards prescribed by Propertymark.
Contact
Any client or prospective client who believes that a conflict of interest may exist, or who requires further information regarding this policy, is encouraged to contact us prior to or during the course of an instructions.
Policy reviewed: June 2026.