About US
We are a highly experienced team of property professionals managing portfolios throughout the UK consisting of RTM’s, RMC’s and Private Student Accommodation.
We ask to work closely with all our clients to offer a friendly and personable service delivering the highest levels of customer service.
Take control of your home with a right to manage
A RTM gives YOU control over the costs
A RTM gives YOU a say in how YOUR money is spent
A RTM gives you a say in what services are provided
A RTM gives YOU a voice!
Advantages of Right to Manage
Right to Manage grants leaseholders the right to control the management of the development through the RTM Company. It allows leaseholders to gain control of the management of their apartments from the freeholder.
Day to day management will still be outsourced to a competent company but you will have control over the contractual specification (i.e., what services are provided) and the choice of and termination of any management contract. In essence – this new company will work for you instead of the freeholder.
The criteria which leaseholders must meet to exercise their right to control the management is usually satisfied by most flat owners. They are not required to prove that the Freeholder or his Managing Agent is managing the building poorly.
The only financial obligation beyond the right to manage company’s fees (which are usually low) would be the ‘reasonable legal costs’ of the freeholder. Typically, these would be recovered in the first year through the new, reduced management fees. All set up costs will also be paid for by the RTM set up company and added to the service charge once the move has completed, so there will be no immediate cost to yourself.
All leaseholders in the property are entitled to be part of the Right to Manage Company and have equal right of access to and voting powers.
What is the Qualification for Right to Manage?
1
50% of flat-owners must want to go through the process
2
2/3 must have long leases at time of issue
3
Less than 25% of floor area of building must be commercial
get in touch with us
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HMG are delighted to be the proud shirt sponsors for Hartlepool BBOB RFC this season.
