Block Management

Right to manage

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 :

  • At least two thirds of the flats must be owned by way of a lease with an original term of more than 21 years. The lessee does not have to live there
  • The building must be self-contained and so must the individual apartments, flats, maisonettes… Etc
  • The building must have at least two flats
  • If the building has any commercial element (e.g. shops on the ground floor), this must not be more than 25% of the total floor area
  • At least 50% of the leaseholders have to be in agreement with moving to Right to Manage
  • If the building is a converted property of four or fewer flats, neither the landlord nor his/her family must occupy any of the flats as a principal residence
  • The local authority must not be the landlord of any leaseholder

 

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