If you are the owner of a leasehold flat, legislation now allows you the right to manage your own building. This means that you can appoint a managing agent, accountable to you, to do it on your behalf. PM Estates have successfully assisted multiple sites with this process.
To win the Right to Manage, you don’t have to prove that your current landlord or management agent has done anything wrong, you just need to follow a very specific process to take over the running of the building. This can be a minefield, but our property managers can help you navigate the process to a successful outcome, based on experience in other buildings. We have detailed Right to manage criteria below;
In order to execute your right to manage you need to have at least 50% of the leaseholders in agreement and then the following criteria needs to be met :
This can be a lengthy and complex process, so if the correct procedures are not followed, your landlord may be able to block the process. So, talk to one of our property managers now and we can help you decide whether this is right for you or not.
Please see right to manage guide