Take Control With The RTM
Right To Manage Problems?
Under the Commonhold and Leasehold Reform Act 2002 leaseholders have the Right To Manage or RTM. Leaseholders can form a company, the Right To Manage Company, to forcibly take the management responsibilities from their landlord.
Having the Right To Manage (RTM) puts you in control: you can appoint your own contractors for things like repairs, gardening, painting and so on. You can manage all the finances yourself and choose your own buildings insurance.
You can manage the whole block if you want to. The key point is as a Right To Manage Company, you’re in charge. You choose. It’s because you’re in control that you’ll see an improvement in services and value.
If you have any queries on the Right To Manage (RTM) process please contact us for advice. It’s 100 per cent free.
Trust us to deliver
When you really care for your home you want a London block management company you can trust. You want a block manager who:
- Really cares
- Is easy to access and
- Responds fast
You also want choice in the way services are set and delivered. With Your Home Property Management that’s exactly what you get.
Read what our existing customers think of us at the foot of our About Us page. Still not convinced? We’d be delighted to put you in touch with some of our existing customers.
While winning the Right To Manage is straightforward there are some key legal procedures to complete. Achieving the Right To Manage usually takes between 4 to 8 months, but it can take longer. Exactly how long often depends on how cooperative your existing property manager and/or landlord are. But don’t worry we can help you all the way.
Plenty of landlords will contest your Right To Manage (RTM). What you have to remember is: it is a right. The law is on your side and provided you meet the criteria you will get the Right To Manage (RTM).
Do You Qualify For The Right To Manage?
1. Form the Right To Manage Company (RTM Co)
2. Win the support of your neighbours by serving the Notice Of Participation
3. Serve the Claim Notice on your landlord
4. Prepare to manage
Your Home Property Management can oversee the RTM process for you, making it completely hassle free. We can take care of everything.
As we’ve already pointed out some landlords will fight tooth and nail to block your Right To Manage application but don’t be fazed. If you meet the criteria – you win.
Du you have any questions regarding your RTM? Get in touch we are a Right To Manage Company working on behalf of frustrated leaseholders.
How Much Will Right To Manage Cost?
Right To Manage – A Byword For Determination
Right To Manage – Some Of the Most Commonly Asked Questions
SHOULD I OPT FOR RIGHT TO MANAGE OR BUY THE FREEHOLD?
Both options put you in control. Buying your freehold, however, means you will never have to pay ground rent again. But buying the freehold is more expensive and more complicated than gaining the Right To Manage. For more detailed advice visit our specialist pages on Buying Your Freehold or Right To Manage.
WE HAVE TAKEN OVER THE RIGHT TO MANAGE (RTM), BUT THE LANDLORD INSISTS THAT THEY CONTINUE TO INSURE THE BUILDING. IS THIS CORRECT?
No. Your RTM company has taken over the management functions of the landlord (and any management company that might have been in place). The management functions include the insurance of the building. However the Commonhold and Leasehold Reform Act 2002 specifically provides that the landlord is entitled to arrange additional insurance – at their own expense.
IS THE RIGHT TO MANAGE (RTM) COMPANY RESPONSIBLE FOR CHASING SERVICE CHARGE ARREARS FROM BEFORE IT TOOK OVER MANAGEMENT?
No. From the date it acquires management responsibilities the RTM company becomes entitled to demand service charges. The landlord will therefore remain responsible to collect ‘previous’ arrears unless the RTM company has otherwise agreed with the landlord to collect them.
CAN I ASK THE LANDLORD TO PROVIDE THE NAMES OF THE OTHER LEASEHOLDERS SO I CAN INVITE THEM TO PARTICIPATE IN THE RTM PROCESS?
It is only the RTM company that can insist on the landlord providing the names of the other leaseholders for this purpose. This can be a problem because you will be unable to exercise the Right To Manage if you do not have sufficient numbers of qualifying leaseholders interested in taking part. We suggest that you try to get this information from the occupiers of the flats or from the Land Registry.
So, that’s the Right To Manage in a nutshell. If you want to know more about about your rights as a leaseholder read this informative piece by the BBC about the Government’s desire to improve leaseholder’s rights.
For more detailed advice on the Right To Manage check out LEASE’s completely impartial Right To Manage Guide
Call us direct for advice on the Right To Manage (RTM)