Under the Commonhold and Leasehold Reform Act 2002, ‘Right to Manage’ (RTM) gives qualifying leaseholders in England & Wales the right to take over the management of their freeholder or landlord managed property without having to prove the freeholder/landlord is at fault or has mismanaged the building. It is simply a transfer of responsibility and decision making from the freeholder or landlord to a special company set up by leaseholders to manage their building – the Right to Manage company (RTM).
We offer a RTM consultancy service providing advice to flat owners on their ability to take over the responsibility for the management of their building. Benefits of creating an RTM company include:
- Enables leaseholders to take control of the management of the building
- Allows leaseholders to decide on how their property is managed
If you require advice on setting up a Right to Manage company, we have proven experience in obtaining RTM and managing these developments. Please contact us for an informal discusion in the first instance.
