Brighton Company Formations Limited
Schedule of Fees as at 1st January 2008

Right to Manage Eligibility

To determine whether or not you are eligible to Right To Manage based on the replies given to our questionnaire

Free of charge

Incorporate Your Right To Manage Limited Company

To incorporate your own Right To Manage Limited company. This consists of Certificate of Incorporation, appointment of one or more directors, statutory register (this is a lever arch file where all the companies statutory transactions are recorded), company seal and if required a bank account opened at HSBC Bank

£100+VAT

Serving all necessary Right To Manage notices

  • S78 Notice inviting participation on all qualifying leaseholders
  • S79 Notice of Claim
  • S82 Right to Information
  • S83 Right Of Access
  • S92 Contractor Notices and contract Notices if served by the landlord
  • S93 Duty to provide information.

Generally managing the whole process of transfer from the current managing agents and landlord through to the leaseholders and any new managing agents. (If the matter proceeds to the Leasehold Valuation Tribunal, which is unlikely then we can prepare the necessary statements and other papers for which there would be an additional charge)

Fees for one block with up to 5 flats: £400+VAT

 

Each additional flat in the block is charged at: £40+VAT

Service Charge Collection per flat per annum

£30+VAT

Right To Manage company and statutory support

A qualified accountant will look after the statutory affairs of the Right To Manage company. Includes the provision of a registered Office and filing the annual return at Companies House.

Charge per flat per annum: £40+VAT

Statutory work as detailed above and preparation and audit of annual accounts by qualified and independent accountant.

Charge per flat (£40+VAT as above + £50+VAT re accounts)

£90+VAT

Latest News

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

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