What is the right to manage?
If you are a flat owner, you have the right under the Commonhold And Leasehold Reform Act 2002 to compel your landlord (subject to certain criteria being met) to give you the right to manage your own block – either yourselves or by appointing a professional managing agent of your own choosing.
Why exercise the right to manage your block of flats?
- Many tenants become frustrated in dealing with a poorly run management company over which they have no control
- Some property management companies fail to maintain flats to a sufficiently high standard
- Other management companies can prove very expensive
Is exercising the right to manage expensive?
You do not have to pay your landlord for exercising the right to manage your block. However, in exercising that right a tenant will have to pay the following costs:
- The reasonable legal costs incurred by your landlord.
- The cost of your own solicitor incurred in transferring ownership of the freehold.
- Your Solicitor’s costs in setting up a right to manage company
Click here to read more about forming a right to manage company and exercising your right to manage on our specialist Enfranchisement microsite.
Contact our Solicitors about your right to manage company today
Our specialist team deal with right to manage cases throughout the UK and particularly in Wiltshire, Hampshire, Somerset, Dorset, Bournemouth,Brighton, Bridgewater, Weston-Super-Mare, Cirencester, Midsomer Norton, Dorchester, Wimborne, Wells, Yeovil, Lyndhurst, Brockenhurst, Wincanton, Radstock, Ilminster, Calne, Chard, Wareham, Shaftesbury, Sherborne, Sturminster Newton, Blandford Forum, Romsey, Alton, Shepton Mallett Crewkerne, Melksham, Corsham, Gillingham, Glastonbury, Ferndown, Frome, Westbury, Malmesbury, Bradford-on-Avon, Axminster, New Milton, Fordingbridge and Ringwood.
For legal advice about your right to manage leasehold property, phone 01722 422300 or contact our Salisbury or Andover offices today.
