The Commonhold and Leasehold Reform Act 2002
The Commonhold and Leasehold Reform Act 2002 provides a right for leaseholders to force the transfer of the landlord’s management functions to a special company set up by them – the right to manage company.
This right was introduced in order to empower leaseholders to take responsibility of their property and make their own decisions on who to appoint on the management of their block. They are able to move away from their management company who they were forced to stay with prior to the right to manage process.
This right is only available to flats.
Leaseholders are able to exercise this right whether or not their existing landlord is good or bad.
The process is relatively simple however there are a lot of issues to consider in order for the right to manage to be successful.
We Can Help!
Advance Block Management can help in this process. We can offer our advice and guidance to residents and oversee the process.
We can offer a very competitive price to help you in this process and by forming a Right to Manage Company which will give you more control on the management of your block.
Form a RTM Company Free of Charge
We can also offer to help you with the Right to Manage Process FREE OF CHARGE. In return we would like the opportunity to manage the block. Our management fee is competitively priced and we would deliver a comprehensive management service. You will not be tied in to any long agreements and we will make sure owners are involved in the decision making process and kept updated on the management of their property. We would offer regular meetings and give value for money. Please contact us for a quote for our management fee.
Block and Property Management Services
Please click the links below for more information on the services we would deliver to your block, should you appoint Advance Block Management as your managing agents.
If the criteria are met to form a Right to Manage Company we can start the process and arrange a meeting to form a RTM Company. You will not be charged during the RTM Process and we will keep you updated throughout.
Please contact Advance Block Management if you have any questions on 0345 652 0026 or email us at [email protected].
We hope to hear from you soon!