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Right to manage your own block

Reduce high management charges, excessive service changes and inflated building insurance premiums

Are you?

1.     A leaseholder

2.     Paying excessive management charges

3.     Paying excessive service charges

4.     Paying excessive insurance

5.     Feeling you have no say in the running of your block

6.     Finding yourself constantly having to chase maintenance and repairs

It doesn’t need to be like this

Under the Commonhold and Leasehold Reform Act 2002 you are legally entitled to take over the management of your block and dispense with the services of the current management.

The right to manage is available to all flat owners subject to meeting the following criteria:

1.     At least 50% of flat owners within the block must sign up to the process in order to move forward.

2.     At least 2/3rds of the flat owners must have long leases (21 years at the time of starting the RTM process).

What are the benefits?

1.     Greater control of service charges

2.     The ability to appoint your own managing agent

3.     The ability to select your own insurers

4.     The ability to run your own affairs, improve the standard of management and manage costs more effectively.

 

For further information without any cost or obligation please contact us on 0208 518 4884 or email joanne.edney@raynerproperty.co.uk 


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