If you own a leasehold flat and you are unhappy with the management of your building you might qualify for the Right to Manage (RTM). Management responsibilities include organising repairs and services, for example, gardening and lift maintenance,
(prHWY.com) August 1, 2011 - United Kingdom, UK, United Kingdom -- If you own a leasehold flat and you are unhappy with the management of your building you might qualify for the Right to Manage (RTM). This is where you and the other leaseholders can take over the management responsibilities from the landlord without having to prove bad management.
Management responsibilities include organising repairs and services, for example, gardening and lift maintenance, but not collecting rent or changing a lease.
If you qualify, you have to set up a company with the other leaseholders (called an 'RTM company'). You'll then need to ask the landlord to transfer the management responsibilities to the company. You and the other leaseholders can then manage the building yourselves or pay a managing agent to do it.
If you need assistance with the
Right to Manage
process please do not hesitate to get in touch with the Right to Manage Info team. We can provide advice on what freeholders or managing agents are most appropriate for any given set of requirements.
To know more about
Right to Manage, visit us now at
http://righttomanageinfo.co.uk/.
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