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There are one and a half million flat leaseholders in the UK. The majority of leaseholders do not own their freehold and have little control over the management of their building. Unwarranted loading of leaseholder service charges is a widespread and common problem. There are legal processes available to provide redress for unreasonable charging but these are time consuming and few go to the leasehold valuation tribunal to seek redress. When the Government introduced the Commonhold and Leasehold Reform Act 2002 it provided leaseholders with a right to take control of the management of their building. This process is known as the 'Right to Manage' and is open to all owners of private leasehold flats subject to a few perfectly reasonable criteria. No failure on the part of the freeholder or managing agent is required to take up the Right to Manage option. Unsurprisingly most leaseholders of private residential flats are interested in having a direct say in how their building is managed, in reducing their service charges and in making the managing agent accountable to them. However, the take up of Right to Manage has been surprisingly low mainly because the legal process is very precise and a bit daunting, self management is time consuming and few people want the additional responsibilities of running a Right to Manage Company. We take care of the administration of Right to Manage for you and establish the Right to Manage for a fee which can be covered by the savings made in your current charges. Once you have acquired your Right to Manage we have a range of supporting services tailored to how much, or how little, management you wish to do yourselves. Assessing your Right to Manage is a service we provide free of charge. Phone us to find out whether your building qualifies for Right to Manage.
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Last Updated ( Wednesday, 27 September 2006 )
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