About Your Right To Manage

Box Building Inside
  1. Are your service charges too high?
  2. Unhappy with your current managing agent?
  3. Are you constantly chasing your agent to do repairs and maintenance?

If you answered Yes to any of the above Vision RTM is your answer:

  • Have a say in how your building is run
  • Total transparency on expenditure
  • Lower yearly service charges
  • Effective communication
  • Greater control 

Vision RTM can help you finally have a say on how your block is run and control the way the way in which your service money is spent. A large number of flat leaseholders in the UK do not own the freehold and are frustrated with having no say or little control over the day to day management of the block. The Commonhold and Leasehold Reform Act 2002 has given leaseholders the right to manage if they set up a RTM company.  

Vision RTM was founded to help leaseholders take advantage of this law and let you have a voice. Vision RTM have an experienced legal team and professional property managers who have carried out numerous RTMs and have been successful on each one.

Due to the difficulty of raising the finance to purchase the freehold of the block the RTM is a cost effective alternative.

Bob Smytherman, chairman of the federation of Private Residents Associations says:

"We would recommend RTM to any leaseholders looking for greater control and transparency especially when it comes to the levels of service charges and management fees charged by managing agents."

  • It will give you and your block total control over expenditure, and the services provided.
  • Costs could be significantly reduced.
  • You will be in a better position if you want to negotiate lease extensions.
  • It may make your block more attractive when selling

The right to manage is available to all flat owners. To gain a RTM the following criteria must be met:

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

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

The property can be part commercial but the non residential space must not exceed more than 25% of the total floor area

If you would like details on right to manage then the advice given by leasehold advisory service would give you a clear understanding http://www.lease-advice.org/rtmframe.htm

Please call us today if you are interested in carrying out an RTM on your property on 08454568775.

Alternatively, if you are ready to Start the Right To Manage Process,  Please Download an Application Form and return it to us (either via post or email).