Right to Manage
What is Right to Manage and how can it benefit you?
If you are not happy with the service you are receiving from your current management company and wish to make a change, Commerson is here to help.
You may have experienced poor communication, financial irregularities or maintenance worries.
By using your rights under the Commonhold and Leasehold Reform Act 2002 you can take advantage of all the benefits that the leaseholders in our developments enjoy.
In simple terms, the law allows leaseholders to form a Right to Manage company (RTM company) which will take over the landlord’s management functions. Once this has been done, the company can appoint a new managing agent.
The qualifying criteria for the establishment of the RTM company are set out in legislation and details can be obtained from the Leasehold Advisory Service (www.lease-advice.org).
How can Commerson help?
It is important to remember that taking responsibility for the management of your development involves work, both at the outset and on an on-going basis.
This may seem daunting, however we can use our expertise to guide you through every stage and provide you with the improved management service that you are seeking.
As well as acting as company secretary (if required) and providing a registered office for Right To Manage companies, we can provide:
- Full estate management
- Directors’ registration
- Share certificate issue
- Annual accounts
- Estate accounts, including preparation and presentation of service charge budget and year-end accounts
- Staff recruitment, training, local senior management and support
- Regular and open communication with residents
- A secure website for viewing account information