Right to Manage Costs

If you and your fellow leaseholders want more control over how your building is run, Right to Manage is usually the most cost-effective way to achieve it. Because RTM does not involve buying the freehold — unlike collective enfranchisement — the costs are far lower and there is no premium to pay your landlord.

At RTMF we believe the cost of acquiring Right to Manage should be clear from the outset. We offer a bespoke, fixed-fee service with no hidden extras, so you know exactly what your block will pay before you commit.

Our standard fee covers the full process incorporating the RTM company and processing the claim, which includes the following steps:

• Prepare articles of association for the RTM company
• Incorporation of the RTM company
• Carry out Land Registry searches for each freehold and leasehold title
• Validate consenting leaseholders
• Prepare register(s) of members
• Prepare and give any necessary s.78 Notice inviting participation
• Prepare and give s.79 Notice(s) of claim to acquire the right
• Respond to any information request from the landlord
• Consider the response to any negative counter-notice(s) (if received)

In our experience, around 90% of RTM claims are unopposed. Where a claim is disputed and it becomes necessary to make an application to the First-tier Tribunal or the Court, the cost of professional representation is subject to an additional charge — usually in the region of £1,500 to £2,500 plus VAT.

The figures above are a guide rather than a cap and where a case escalates further the cost can rise. How much depends on the nature and extent of the freeholder's objection.

We will always discuss and agree any additional cost with you before it is incurred.

This is exactly why it pays to use a specialist like RTMF. A claim that is technically correct from the outset gives the freeholder far less opportunity to challenge it — and 20 years of experience and landmark tribunal wins mean we know how to keep your claim watertight.