If your building meets the following criteria then you are entitled to acquire the right to manage: -
- The building is self-contained.
- It has at least two flats.
- At least two-thirds of the flats are owned by “qualifying tenants”.
- If part-commercial the non-residential part does not exceed 25% of the total floor area.
- At least half the leaseholders in your block are in agreement to proceed.
- If your building is a converted property of four or fewer flats, neither the landlord nor an adult member of the landlord´s family occupies one of the flats as their principal residence.
- The local authority is not the landlord of any qualifying tenant.
A 'qualifying tenant' is a leasehold owner whose lease was originally granted for a term of more than 21 years.
If your building qualifies, click here to download your RTM application pack.
*Please be sure to select whether your block of flats are retirement or non-retirement properties.