Flat Owners’ Right To Self Manage

Residents living in flats and who would like to have a say in how their block is run can now do so due to their Right to Manage. Since the Commonhold and Leasehold Reform Act of 2002 leaseholders in the UK have the right to transfer the management and maintenance functions of their landlord to a company set up by them and known as a Right to Manage Company.

What this means

Not all blocks are eligible, though. Companies handling property management in Birmingham can help you assess your block’s particular situation, check the land registry, and work through the technical and legal matters to make sure your block is a good candidate for the Right to Manage. Once this is settled, the process itself is not complicated. Apart from the guidance provided to residents, the company will also oversee the entire process to make the transition as smooth as possible. Before making up your mind, you can also request an informal discussion that is obligation free.

No longer being forced to stay with a particular management company, leaseholders can choose to do so regardless of how good their existing landlord is. Thus, flat owners assume all responsibility for the proper management of their building.

Note that it is only flats that have the right to self-manage and can exercise this right regardless of the number of flats involved. The right also applies to current members of a Residents Management Company who are not satisfied with their existing management arrangements.