Can You Save Money By Focusing On Your Rights to Manage?

It is often the case that owners of flats are subjected to a regular maintenance payment. This payment contributes to the running of the communal block.

Numerous tenants often feel frustrated that they are receiving sub-standard services for too much money. It is the case that many management companies do a decent job at looking after blocks of flats, however some will always fail to come up to scratch and tenants will be frustrated at this level of service.

This situation can be different if tenants choose to exercise their rights to manage within their own block. Provided enough people support the idea, it can be fairly straightforward to set up your own right to manage company, however you will need the help of a solicitor specialising in this sort of work.

The positive side of this is that tenants through their management company will be able to take control of this maintenance. This will mean allocating a new maintenance fee to the tenants. An analysis of the figures will soon show if it is possible to reduce the fee taken for maintenance and yet achieve the standard that you require.

Another good side of this is that you are actually in control of what repair and maintenance companies that you use. Unfortunately it is often seen that external maintainance companies will use the same old sub-contractors who charge too much and do too little. By creating and running an independent right to manage company - this situation can be changed.

This is relevant to the varied repair and maintenance companies and tradespeople that you may wish to use. It can be extremely annoying when your current management company decides to use the same old repair companies that just don't produce a service at a high enough standard, just so they can save themselves money - or if their choice of such service is far too costly. This can annoy you even further when you are in the knowledge that a decent job could have been done for a lot less money, having your own company can help avoid this situation!

It is normally the case that a right to manage company can prove more financially beneficial than using an external management company. Where it is run properly with due care and attention, your own right to manage leasehold company can bring many benefits.


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Bonallack and Bishop are specialist rights to manage solicitors with significant expertise in advising on the right to manage leasehold property. Tim Bishop is senior partner at the firm, responsible for all major strategic decisions. He has grown the firm by 1000% in 13 years and has plans for further expansion.