Right to Manage Company

£125.00
Right to Manage Company

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The Commonhold and Leasehold Reform Act 2002 introduced the Right to Manage (RTM) company which allows a group of leaseholders in a block of flats the opportunity to make their own collective decisions about the management and upkeep of their block‚ including the services, insurance, repairs, and insurance through the RTM company.

The leaseholders do not need to purchase the freehold of the property. The RTM is not available to leasehold houses or freehold properties.

Who Is It For?

A group of Leaseholders who want to make collective decisions.

Benefits

  • Possibility to make collective decisions about the upkeep of the block of flats
  • No need to purchase the freehold

Additional Information

You will receive the following documentation via email within hours of you completing our online application process:

  • Specialised Memorandum and Articles of Association with RTM in accordance with The Commonhold and Leasehold Reform Act 2002 (Word Document)
  • Certificate of Incorporation (PDF format)

Plus the following extras (these are not legal requirements):

  • Printed Certificate of Incorporation
  • Company Seal and Company Register
  • Four bound copies of your specialised Articles and Memorandum

The Company Seal and Register will be delivered by courier and you will need to be available to sign for the parcel. If you are not at home when the courier tries to deliver for the first time, a card will be left for you to contact them to arrange free re-delivery. If you are unable to receive the parcel a second time, then you will be liable for any further re-delivery charges. The printed Memorandum and Articles of Association are posted to you first class.

You will be able to enter the address of the property online in the @UKPLC Company Registrations admin section after payment (you will be provided with log-in details during the ordering process).

Please note your company name will need to end with 'RTM Company Limited'.

You can use our admin section to add your directors and secretary before or after formation or make changes in the future absolutely FREE.