Right To Manage Companies (RTMs) and Preside
- Support and guide you through set up
- Access to legal advice
- Arrange repairs
- Collect service charge monies
- Long-term planning
- Manage reserve/sinking funds
- Full company secretarial service
The introduction of the right to manage your building in the Commonhold and Leasehold Reform Act 2002 has increased the opportunity for leaseholders to assume control of their building and its costs.
We appreciate the difficulties RTM companies face. With shareholders exercising only minimal financial investment, interest can wane, leaving only a few doughty souls keeping the company operating.
Keeping shareholders engaged
Preside will support you, advising how to keep shareholders engaged and how to maximise the shareholding in your building. The quality of our management of your building will reassure shareholders that they made the right decision in setting up the RTM company. It will also support the board as they seek affirmation for the tough decisions they may have to take for their building’s well being.
Setting up RTM companies
Preside can assist with setting up your RTM company. We can connect you with appropriate solicitors, and we offer a company secretarial service to ensure that the new RTM company fulfils its legal and statutory obligations (see our services section.) You are welcome to download our handy guide to the RTM process from our Downloads section or from the link on this page.