Partner Shabnam Ali-Khan and trainee Kerrina Gray have co-authored an article for Estate Agent Today explaining how the Right to Manage (RTM) empowers leaseholders to take control of their building’s management, offering greater transparency and accountability while introducing significant legal and financial responsibilities.
The article outlines how the Right to Manage (RTM) allows leaseholders to take control of building management without buying the freehold, explaining that RTM companies assume duties such as maintenance, service charge collection, and enforcing lease terms, while landlords retain certain legal responsibilities. Directors must manage finances, approvals, and compliance with safety and data laws. Though demanding, effective RTM management can improve transparency, accountability, and community trust within buildings.
For many leaseholders who are unhappy with the management of their building, it is a good option and a serious contender to trying to obtain the freehold of the building... Leaseholders no longer feel powerless in the face of unexplained service charge hikes or delayed maintenance. With RTM, control passes directly into the hands of those who live in, and care about, the building, although there is no need to be resident in the building to take part in the RTM.
The full article is available online from Estate Agent Today.
About Shabnam and Kerrina
Shabnam Ali-Khan specialises in lease extension and enfranchisement matters, primarily under the Leasehold Reform Housing and Urban Development Act 1993 working with a variety of clients ranging from high-net-worth individuals and companies to individual leaseholders and investor landlords.
Kerrina Gray is a trainee in the same team.
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If you would like to speak with a member of the team you can contact our property law solicitors by telephone on +44 (0)20 3826 7519 or complete our enquiry form.
