Right to Manage
Information for LeaseholdersFind out about your Right to Manage and how we can help you get set up.
Get in touch
If you're part of a group of Leaseholders who want to take control of the management of your property,
you may be able to set up a Right to Manage company.
What is Right to Manage?
The Right to Manage (RTM) was introduced as part of the Commonhold and Leasehold reform act 2022. It gives Leaseholders control of the management of their property, without having to seek permissions from the Landlord.
The process of setting up a Right to Manage company is a relatively simple one. However, the qualifying criteria and responsibilities involved are more complex and should be understood before setting up your RTM. A good place to start is the Right to Manage Advice Guide, put together by the Leasehold Advisory Service. This comprehensive guide sets out everything from your rights and qualifying criteria to your obligations, and even budgets & planning.
Do you Qualify?
The right to form an RTM applies to the following:
- • Leaseholders of a building or part of a building containing at least 2 flats.
- • At least two-thirds of the flats in the building must be owned by long leaseholder (leases of more than 21 years when first granted)
- • At least half of the flats in the building, held by long leaseholders, must take part.
- • The building does not qualify for RTM if the non-residential areas, eg shops, make up more than 25% of the whole floor area of the building.
- • The building may not qualify if there are four or fewer flats and there is a resident landlord.
To find out how to proceed, please get in touch below.
Want to know more about Right to Manage?
Ask our team
If you are looking to set up a Right to Manage company, or simply want to find out more about your options, you can contact our team via the form opposite.
Alternatively, get in touch on 0118 978 7182
or info@cleaverproperty.co.uk
to discuss your requirements in more detail.
Contact Us
Cleaver Property Management LtdUnit 4, Anvil CourtDenmark StreetWokinghamRG40 2BB
Tel:
(UK)
0118 978 7182
(Overseas)
+44 1189 787 182
Emergency Out of Hours:
0115 896 5158
Email:
info@cleaverproperty.co.uk
We are open 09:00-17:30 Monday to Friday.
