Great Service
Just wanted to say thank you for doing a splendid job in setting up the Right To Manage company and issuing the notices.
Now we feel we are in control of what goes on with the block.
Posted: Thu 16-Jun-2011 12:55PM
Right To Manage
The right to manage (RTM) is available to leaseholders of flats and does not apply to houses.
To qualify the building must meet the following criteria and there is a requirement to have a minimum number of leaseholders;
-at least two thirds of the flats must be let to ‘qualifying tenants’ i.e. held on leases which were originally granted for more than 21 years.
-any commercial area does not exceed 25% of the total floor area
-RTM does not apply to premises that are classed within Residential Landlord Exemption i.e. the premises cannot be purpose built, be no more than 4 flats and one of the flats must be occupied by the freeholder or an adult member of their family as their only or principal home for the last 12 months
Posted: Tue 08-Feb-2011 4:04PM
Right To Manage Company Formation
As the right to manage is exercised by the right to manage company and not the individual leaseholders it is necessary to incorporate a right to manage company. The articles are prescribed by legislation and are based on the Companies Act 2006 model articles for companies limited by guarantee.
Right to manage companies incorporated after 9th November 2009 will have articles that comply with current legislation. Right to manage companies incorporated before 8th November 2009 will have the ‘old style memorandum and artilcles’ and there is therefore a transition period until 30th September 2010 at which point the Companies Act 2009 artilces will aply to all right to manage companies regardless. If you require any help in incorporating a right to manage company please call Brighton Company Formations Limited on 01273 831891
Posted: Mon 19-Jul-2010 4:24PM
Why use a Right To Manage?
The Commonhold and leasehold Reform Act 2002 provides a right for leaseholders to change the appointment of the management of their building to another provider, by incorporating a right to manage company to take over from the freeholder those rights of appointment for managing the building. Some of the reasons to use a right to manage company is to reduce service charges and to gain control of who manages the block of flats. Right To manage Company can help you with the right to manage process so please call us on 01273 831891
Posted: Fri 02-Jul-2010 11:02AM
Control your service charges
If you live in a block of flats or a house converted into flats you can take control of your service charges by forming a right to manage company. Three conditions must be met: at least half of th eflat owners must consent, at least three quartres of the building must be residential and at least two thirds of the flats must have long leases. Please feel free to contact Right To Manage Companies on 01273 831891.
Posted: Fri 02-Jul-2010 10:45AM