Right to Manage: a guide for landlords
Qualifying
To qualify for Right to Manage (RTM):
- the building must be made up of flats (houses do not qualify)
- at least two-thirds of the flats in the building must be leasehold - with leases that were for more than 21 years when they were granted
- at least 50% of the building must be residential - for example, if there’s a shop in the building, it cannot take up more than 50% of the total floor area
- any number of owners can set up an RTM company - but at least half of the flats in the building must be members of the company before it can actually take over management
If you or an adult family member lives in the building
If you or an adult family member have lived in one of the flats as your only or main home for the past 12 months, the building might not qualify for RTM. An adult family member includes your spouse, civil partner, children, step-children or parents.
In this case, the leaseholders will not be able to take over the management of the building if:
- it’s not purpose-built (for example, it’s a converted house)
- it contains no more than 4 flats in total