It is our aim to offer the lowest guaranteed cost available for the acquisition of right to manage.
Our standard fee for RTM is a base charge of £600, plus £40 multiplied by the number of flats in the applicant block.
The base charge of £600 is only payable once, per RTM Company incorporated. If there are multiple blocks applying but intending to use the same RTM Company, the overall fee is £600 plus £40 multiplied by the number of flats in the multiple blocks.
EXAMPLES
For a block of 3 flats the all inclusive fee will be:-
£600 plus £120 = £720
For a block of 40 flats the all inclusive fee will be:-
£600 plus £1,600 = £2,200.
For an estate comprising 3 blocks totalling 60 flats, all making claims under one RTM Company, the all inclusive fee will be:-
£600 plus £3,200 = £3,800.
Note: If you are comparing our costs with those offered by other organisations please bear in mind that the above fees are absolutely all inclusive. If the Claim is disputed and it is necessary to make applications to the Leasehold Valuation Tribunal (LVT) or the Court, the cost is covered by our fee. Other organisations charge additional sums for the production of documents and upwards of £1,500 in additional fees to represent you at an LVT.
* All fees are subject to VAT at the prevailing rate.