Galbraith Property Services,
7 Arrow Court,
Springfield Business Park,
Right to Manage
Galbraith offers a Comprehensive Right to Manage Service
The Commonhold and Leasehold Reform Act 2002 provides a right for apartment owners to transfer the management functions to a Right to Manage (“RTM”) Company set up by them.
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.
Please note that the right to manage is available to leaseholders of Apartments, not of houses.
If you own an apartment in a block of flats and wish to take over the transfer of responsibility and decision making of your block, then you may wish to proceed along the RTM route. There is no need for the apartment owners to prove mismanagement by the Landlord.
The right is exercised by the service of a formal notice on the landlord. After a set period of time, the management transfers to the right to manage company (the RTM company) which has been set up by the leaseholders. Once the right to manage has been acquired, the landlord is also entitled to membership of the company. However, there are important issues to consider and a substantial amount of work to be done before service of the notice, if the takeover of management is to be successful.
We do not charge for administering the process on behalf of the RTM Company on the basis that we are instructed to undertake the management of the development on behalf of the new RTM Company. Please note that there are some disbursement costs which will be payable by the Residents in setting up the RTM company and we will advise on these costs before we undertake the procedure on your behalf.
When you have taken control of the RTM company you can appoint your own Managing Agent, or you might like to consider our accounting support service and carry out some of your own management yourself.
At Galbraith we offer a range of Resident and Occupier value-added care including:
The guides are specific to the development and provide useful information, such as access information, waste and recycling use and location, Parking procedures, use of lifts, lighting, door entry and gates and codes, contact information for Galbraith and a useful summary of the lease to highlight responsibilities on site.
A short form is provided for Tenants, focussing on “responsibilities” to prevent problems with Noise nuisance, parking, waste and recycling and the use of the common parts.
We offer Resident Directors a website dedicated for their sole use, to access information relevant to the site.
This includes information on the Company, Accounts information, up to date reports, and minutes of meetings.
Within each heading includes downloadable information such as Companies House Reports, Memo and Articles, appointments, Directors and Officers Insurance, up to date listing of Arrears, Dormant Accounts and Service Charge Summaries and a quotation approval system which allows the directors to approve, on line, quotes for work to the development.
We offer your Residents a dedicated website where they can log issues directly to the designated estate manager and pay their service charges.
The residents portal also features a News Page; with a feed linked to residents email and mobile phone via sms and updated in real time; a residents ‘manage my account’ page to check their service charge balance and pay online; a document library and a contact form to report maintenance issues direct to the designated estate manager.