If you have reached this stage you are close to acquiring your Right To Manage. Before you gain control however, there are still few things you need to do: Collect as much information as possible from the landlord and any third parties (such as a managing agent) about the building Excercise your right of access to the building. You should be able to access all common parts in the block. Consider who is to undertake the management of the block. Managing a residential block is a considerable responsibility and one that should not be undertaken without a realistic consideration of what is involved. Advisory bodies are agreed that leaseholders should be encouraged to appoint a managing agent initially, even if their long-term aim is to manage the block themselves. The landlord must also fulfil his/her duties: The landlord must inform any contractors currently providing services to the block the the Right To Manage is being exercised. The landlord must inform the RTM company of any existing contracts concerning the block. A full and clear picture of the block's accounts must be provided. Any leftover service charge revenue must be transfered to the RTM company on the acquisition date. Before funds are transferred the landlord will need to settle any outstanding bills with contractors. This process may take some time.

Our complete service includes consultancy for a 6 month period and set up for active management. Complete Service customers also receive advice on the many issues facing those in control of their block for the first time. You may need help with budgeting, maintenance, insurance, on-going relationships with contractors and so on. For a comprehensive property management service, we recommend our property management partners Ringley , whose experience in property management delivers value for money to more than 3500 units in residential blocks of all shapes and sizes.