Right to manage
Block Management
Before 2002, the block management landscape was very much in favour of the Landlord. However, this tended to give too much power, meaning that in certain circumstances, residential blocks were not being managed to a suitable or agreed standard. This changed when the Commonhold and Leasehold Reform Act 2002 was passed, meaning that, as long as certain criteria were passed, the leaseholders could take control of the management of the communal block, should they wish.
What does it mean for you?
No Excessive Service Charges
With the right to manage, you can choose a managing agent whose interests align with yours – focused on delivering value for money, reducing service charge costs, and prioritising leaseholder interests in every decision.
Control of Maintenance And Repair Standards
Right To Manage Is Fair
The Right to Manage process creates a company registered at Companies House, where leaseholders become members with equal voting rights. This gives leaseholders a fair say in decisions about budgets, spending, and other matters, putting them in control of their property and costs.
Right To Manage Formation Is A Right
The Right to Manage is a legal entitlement granted to leaseholders under the Commonhold and Leasehold Reform Act 2002. Leaseholders do not need to prove poor management by the current freeholder or managing agent – they are simply exercising their statutory right.
