Since the Commonhold and Leasehold Reform Act 2002 there has been the right for qualifying tenants of long leases to manage their own building. A Landlord’s consent is not required and even where Landlords may be absent the Leaseholders should be able to secure the management via Right to Manage, taking over control of matters such as repairs, maintenance and insurance premiums.
The property and tenants must meet certain requirements:
• At least 2 / 3 flats must be let to qualifying tenants
• The non-residential part of the building must not exceed 25% of the total floor area
• Tenants will need to create a Right to Manage company
• At least half of the qualifying tenants must be members of the Right to Manage company
Here at Dutton Gregory Solicitors you can contact our Property Litigation Team who use their vast experience to assist both Landlords and Tenants through the complexities and pitfalls of a Right to Manage claim under the 2002 Act.
You may be able to change the management of your building if you’re unhappy with the way it’s being run and you live in a leasehold flat.