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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).

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