Leaseholders right to manage
The Leaseholders right to manage
There are one and a half million flat leaseholders in the UK. The majority of leaseholders do not own their freehold and have little control over the management of their building. Unwarranted loading of leaseholder service charges is a widespread and common problem. There are legal processes available to provide redress for unreasonable charging but these are time consuming and few go to the leasehold valuation tribunal to seek redress.

When the Government introduced the Commonhold and Leasehold Reform Act 2002 it provided leaseholders with a right to take control of the management of their building. This process is known as the 'Right to Manage' and is open to all owners of private leasehold flats subject to a few perfectly reasonable criteria. No failure on the part of the existing freeholder or managing agent is required to take up the Right to Manage option.

The Commonhold and Leasehold Reform Act 2002 provides a right for leaseholders to force the transfer of the landlord's management functions to a special company set up by them - the right to manage company. The right was introduced, not just as a means of wresting control from bad landlords, but also to empower leaseholders, who generally hold the majority of value in the property, to take responsibility for the management of their block.

At Common Ground Estate and Property Services we provide a complete solution ranging from assessing your right to manage right through to securing this right and managing the estate based on YOUR instructions. Our aim is to give you control but also take the stress out of managing the estate allowing you to enjoy your property.

If we are unable to secure your right to manage all fees will be refunded.

For further information and an in depth explanation and the processes invloved, The Leasehold Advisory Service has an excellent article which can be viewed here

The Right to Manage has been designed as a relatively straightforward process that can be executed by leaseholders. Alterntaively, a third party can be appointed such as Common Ground or a law firm competent in the process (very few are). Either way, Common Ground has created a two page summary of the right to manage and the processes to enable leaseholders to decide the best approach for them.

The Common Ground Right to Manage can be downloaded from here
Common Ground Estate & Property Management Limited

Common Ground Estate & Property Management Limited
Registered Office: Sandford Gate. East Point Business Park, Oxford, OX4 6LB
Company No: 7169211