THE ROYAL Institution of Chartered Surveyors has voted to approve a root-and-branch re-structuring package aimed at revolutionising the profession.
Under reforms agreed this week, beefed-up educational standards will make it more difficult to gain chartership from the 131-year-old organisation. The new-look RICS will also have 16 specialist faculties, instead of the seven existing divisions.
It is hoped this will better reflect the diverse membership of the institution.
President Simon Kolesar said: 'The changes are designed to concentrate the resources of the 100,000-strong RICS on better supporting members in satisfying their clients'business needs and turning the RICS qualification into a world-class, high-status professional marque.'
The RICS will also merge with the Incorporated Society of Valuers and Auctioneers, subject to a vote in favour of the merger from that body's members next month.