Victorian building facade in Llandudno, North Wales
Classic building facade with columns and a clock
Row of white Edwardian houses in Kensington, London
Apartment house in London

Services

Establish Your Right to Manage Company with Confidence

If you and your fellow leaseholders are considering taking control of the management of your building, establishing a Right to Manage (RTM) Company is an important first step.

The formation of an RTM Company provides the structure through which qualifying leaseholders can exercise their Right to Manage and take responsibility for the management of their building.

At Leasehold Administration Services, we provide professional support with the formation and administration of RTM Companies, helping leaseholders understand the requirements and ensuring the process is approached in a clear and organised way.

How we form an RTM company

Assess, prepare, establish, then take control.

  1. 01

    Assess

    We discuss your building and whether the qualifying criteria are likely to be met.

  2. 02

    Prepare

    We help establish the RTM company and get participating leaseholders organised.

  3. 03

    Establish

    The statutory process is followed so the company is in a position to take on management.

  4. 04

    Take Control

    Management transfers to the RTM company, with clearer control for leaseholders.

What is an RTM Company?

An RTM Company is a company established by qualifying leaseholders for the purpose of exercising the Right to Manage.

Once the RTM process has been successfully completed, the company can take over the management functions associated with the building.

For leaseholders, this can provide an opportunity to have greater control over important decisions affecting the property, including how services are managed, how maintenance is arranged and how the building is administered.

Why is Proper Formation Important?

Establishing an RTM Company involves more than simply setting up a company.

The correct structure and procedures need to be considered from the outset, particularly where a number of leaseholders are involved.

A properly established RTM Company provides a clear framework for participating leaseholders and helps create a solid foundation for the subsequent Right to Manage process.

We help make this process easier to understand, providing guidance at each stage and helping leaseholders understand what is required of them.

How We Can Help

Our support can include guidance on:

  • Establishing the RTM Company.
  • Understanding the participation requirements.
  • Company administration.
  • The roles and responsibilities of participating leaseholders.
  • Preparing for the Right to Manage process.
  • Understanding the notices and procedures involved.
  • Coordinating the different stages of the process.
  • Ongoing support following formation where required.

Our aim is to make the process as straightforward and organised as possible.

Bringing Leaseholders Together

Right to Manage is a collective process, meaning communication and cooperation between participating leaseholders are important.

We can help provide clarity around the process so that leaseholders understand what is involved, what their responsibilities are and what needs to happen next.

This can be particularly valuable where residents have different levels of knowledge or experience with leasehold matters.

From Formation to Taking Control

Forming the RTM Company is only one part of the overall Right to Manage journey.

Once the company has been established, there are further statutory procedures that need to be followed before management responsibility can transfer.

We can support leaseholders throughout the wider process, helping ensure that each stage is understood and approached in an organised manner.

Professional Support for Leaseholders

For many leaseholders, establishing an RTM Company is unfamiliar territory.

Our role is to remove as much uncertainty as possible by providing clear explanations, practical guidance and professional support throughout the process.

We believe leaseholders should understand what they are doing and why, rather than simply being asked to sign documents or follow procedures they don't fully understand.

Ready to Start Your RTM Journey?

If you and your fellow leaseholders are considering Right to Manage, we can help you understand whether establishing an RTM Company is the appropriate next step.

Speak to Leasehold Administration Services to discuss your building, understand the process and find out how we can support you.

Speak to Our Team

If you would like to discuss your circumstances or understand the options available, we would be pleased to help.