Right To Manage
Block Management working for you…
Right to Manage allows leaseholders to take control of the affairs of the building and change their managing agent without the necessity of proving any fault. If you are dissatisfied with current management of your block or development or would simply like to have greater control call us, we can help.
Under the Commonhold and Leasehold Reform Act 2002 Right to Manage was introduced for two reasons, to take control from poor or absent landlords and to empower leaseholders to take responsibility for the management of their block. Leaseholders collectively tend to hold the majority of value in the property.
The process is relatively simple, although it is easy to get caught out on a matter of procedure by the Landlord and his solicitors if the correct notices, sequence and or time-frames are not strictly adhered to.
However management issues can be complicated as the freeholder still has many rights including a right to membership of the new RTM. Bache & Hill can provide advice and guidance to leaseholders who are considering setting up an RTM Company. This service includes:
- A review of the situation and suitability based on legal qualifying requirements
- Formation and registration of an RTM Company
- Serving required Notices (Participation and Claims)
- Management advice and guidance
If you would like to find out more about how we can help you or to start your RTM process please click on link to register your interest with us.