Tag Archives: block management

Some responsibilities of Right to Manage

•the leaseholders will manage the building through a company and will need to learn about company procedures or to employ someone to advise them on such matters. •people must be found to be officers of the RTM company, not just … Continue reading

Posted in Right to Manage | Tagged , , , , , |

What are reserve funds?

Many leases provide for the landlord to collect sums in advance to create one or more reserve or ‘sinking’ funds. The purpose of such funds is to build up a sum of money to cover the cost of irregular and … Continue reading

Posted in Block Management, Right to Manage | Tagged , , , , , |

What is Right to Manage?

If you own a leasehold flat and you are unhappy with the management of your building you might qualify for the Right to Manage (RTM). This is where you and the other leaseholders can take over the management responsibilities from … Continue reading

Posted in Right to Manage | Tagged , , , |

Right to Manage – basic steps

Step one – you have to set up the RTM company Get professional advice about setting up the RTM company; there are legal steps and fees involved. Step two – membership of the RTM company You have to ask the … Continue reading

Posted in Right to Manage | Tagged , , , , , |

The Right to Manage – background from LEASE.

The Commonhold and Leasehold Reform Act 2002 provides a right for lessees (flat owners) to transfer the landlord’s right to manage or appoint a manager for their building, to a company set up by lessees called a right to manage … Continue reading

Posted in Right to Manage | Tagged , , , , , |

How Right to Manage companies appoint managing agents

Whether you are a leaseholder exercising the right to manage (RTM) or a landlord seeking to delegate management of your properties, you should be clear what tasks you want the agent to carry out. It is prudent to set these … Continue reading

Posted in Right to Manage | Tagged , , , |

When can I apply to the Leasehold Valuation Tribunal to vary my lease?

Here at Right to Manage Info we have researched occasions when you can Leasehold Valuation Tribunal (LVT) to vary your lease. An individual party to a lease can make an application to a (LVT) to vary the lease under the … Continue reading

Posted in Right to Manage | Tagged , , , , , |