The building must meet certain conditions and a minimum number of leaseholders is required to take part:
The building must be self-contained, or if part of another building, be capable of being redeveloped independently.
It must include at least two flats.
At least two-thirds of the flats must be let to 'qualifying tenants'*.
It can be part-commercial but the non-residential part must not exceed 25% of the total floor area.
*A 'qualifying tenant' is a leaseholder whose lease was originally granted for an original term of more than 21 years. There is no requirement for any past or present residence in the flats, nor any limit on the number of flats which can be owned by one person.
The right to manage may only be exercised by a right to manage company and the members of the RTM company must comprise a sufficient number of qualifying tenants. The required minimum number of qualifying tenants must be equal to at least half the total number of flats in the building.
The right relates to a building, so, in an estate of separate blocks, each block would need to qualify separately and an individual RTM notice served.
OUR CHARGES AND SERVICES - FIXED FEES, NO SURPRISES
a building with up to 4 flats are £500,
and £40 per flat thereafter, with reductions for larger
buildings. All charges are specified in writing to you and are
fixed. There are no 'extras' in any way - we do not charge an hourly
rate for this service so leaseholders know exactly where they stand
regarding our fees from the beginning. This fee includes your custom
Right To Manage website
If you are in any doubt about your rights and duties then seek specific advice. Lessees exercising this right, by law will be responsible for the Landlords 'reasonable' costs in consequence of a claim notice given by the company in relation to the premises. Please ensure you carefully read our
Terms and Conditions.
If for any reason your application is refused by a mistake on our
part, we will fully refund our fees.
Throughout each stage of the process, we will keep you fully informed. Both by providing detailed descriptions of the process, but also on the progress of each stage. For your convenience, we will provide electronic copies of all documentation.
Call us today on
click here for no-obligation advice on how to increase the value of your flat
via the Right To Manage Process..
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