If you are a tenant in a flat or apartment you will more than likely have to pay a maintenance fee on a monthly or quarterly basis. These fees can often cause a lot of bad feeling between you and the landlord as they often will appear to not buy you very much! The maintenance fees are taken for the purpose of keeping the block and its grounds in good repair.
In the UK however you do not have to put up with this situation. UK statute gives tenants the right to get together and exercise a right to manage their block (or RTM). Together with the other tenants you will create a RTM company which will then take over the maintenance of the block.
In order to start this process, you will need to make sure that you have solid support from at least 50% of the other tenants in the block. This might seem easy to do, but some people just won't want to be bothered with what they will see as hassle.
In order to drum up this support for your right to manage company it is advisable to speak to your fellow tenants on a one-to-one basis. Handle it in this way will ensure you can convey all the important points and provide answers to specific queries they might have. A group meeting is another way of approaching the situation, however you might find that talking to people one-on-one will get a more positive response.
People who are instantly not interested in your RTM company you might find are those whom are weary of legal processes. Also naturally, people are extremely cautious when embarking into the unknown. If you spend some effort on explaining the right to manage procedure they might decide to support your cause and join in on the process.
Whilst you are doing this, you should take the opportunity to highlight the negatives of the current management arrangement. You will be able to voice how running your own right to manage company will help everyone have a higher standard of living in their block. Not only this, but some tenants may be considering selling their property and you can explain to them how this process will help increase the value of their flat.
You will find that the more time you take to speak to your fellow tenants and explain the advantages of setting up a UK RTM company; the easier it is to get them on board with their venture and gain their official support.
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Bonallack & Bishop are a firm of
UK RTM Solicitors. They offer experienced advice on forming a
right to manage company. Senior Partner Tim Bishop is responsible for all major strategic decisions, seeing himself as a businessman who owns a law firm. Tim has expanded the firm by 1000% in 13 years.
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