RIGHT TO MANAGE (RTM) ADVICE
Born out of the Commonhold and Leasehold Reform Act 2002, the Right to Manage allows qualifying leaseholders the right to collectively assume all management functions of the Freeholder under a specially formed Right to Manage (RTM) Company.
The process is relatively simple and does not require the freeholders consent – in fact, the leaseholders are not even required to prove mismanagement. The right is exercised by service of a formal notice, which after a set period of times elapse, the management transfers to the RTM Company.
However, there are some qualifying criteria which must be satisfied. The building must meet certain conditions and a minimum number of leaseholders is required to take part:
* A ‘qualifying tenant’ is a leaseholder whose lease was originally granted for an original term of more than 21 years.
The right to manage may only be exercised by an RTM company and the members of the RTM company must comprise a sufficient number of qualifying tenants. The required minimum number of qualifying tenants must be equal to at least half the total number of flats in the building.
If you do not believe you are getting the best possible service from your freeholder or freeholders appointed agent, then why not call us to discuss whether Right to Manage is for you and your fellow leaseholders and find out how we can help.
Following the latest round of restriction easing, we can confirm that our offices remain closed to the public for the continued safety of our team. We will continue to facilitate contractor key collections.
Our teams have been exceptional throughout the pandemic, working tirelessly to ensure continuity of service to our clients, demonstrating a resilience and positive attitude under unprecedented circumstances and we are sure our clients recognise and appreciate their efforts.
Many of our team will continue to work from home for the foreseeable future as they have throughout the pandemic, however restrictions on meetings have been eased as long as our team are able to follow our COVID policies safely. Otherwise, it is very much business as usual.
We will continue to regularly review our policies in line with any national or local guidelines and professional advice.
In order to get through to your management team, please note the extension numbers below. Simply enter the extension number on your phone when prompted.
For Andrew Hargadon & Imani Robinson use Ext. 554
For Brian Collins & Sebastian Perry-Symes use Ext. 550
For Natasha Haisaid & Virginia Contreras use Ext. 558
For Chloe Gallagher & Rafaela Ribeiro use Ext. 559
For Kim Head & Tim Richards use Ext. 504
For Linda Clarke & Rasa Mestre use Ext. 555
For Richard Payne & Emma Preston use Ext. 553
For Andrew Hargadon, Donna Vernam and Karolina Stadnik use Ext. 552
For the latest government advice, please visit https://www.gov.uk/coronavirus
We would also like to take the opportunity to thank all of our clients for their continued support throughout the pandemic.