Leasehold home ownership: exercising the right to manage
Helping leaseholders take control over the running of their buildings. We published our report on the right to manage (“Leasehold home ownership: exercising the right to manage”) on 21 July 2020.
Applies to England and Wales
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The right to manage was introduced in 2002 to give leaseholders the ability to take over the landlord’s management functions in respect of their building, without having to buy the freehold. It is a “no-fault” right, which leaseholders can exercise without the need to prove a complaint against their landlord or managing agent.
We published our final report on 21 July 2020 with recommendations which would bring about significant benefits. In particular, they will:
- reduce the costs of making an RTM claim, and give leaseholders more control over those costs;
- make the RTM available to more leaseholders in a wider variety of buildings; and
- make the process of claiming the RTM less complicated and less likely to be frustrated because of small procedural errors.