Why Use Specialist Right to Manage Solicitors?
It is a fact of life that many leaseholders who live in flats are not happy with the level of service that they receive from their landlords. They pay over the odds maintenance fees and in return see very little done to their block. They will often be in touch with their landlord asking for a higher quality of maintenance, but nothing gets done.
What is more worrying nontheless is that these tenants are completely unaware about the right to manage and how this process can solve all their issues. A solution is available - it is called a right to manage company (also known as RTM company). This company is the vessel through which the leaseholders run the management of the block. This process is a legal one and it is not instant.
This is process is a legal one and you will find that you will need to seek out a specialist lawyer to deal with the transaction properly. Most high street solicitors will not be experienced in the right to manage process and what tenant's rights are. Therefore it is always safer to instruct a specialist when starting this process.
To begin with, you will have to find out whether or not you actually qualify for the right to manage. Your experienced solicitor will know exactly what criteria you must satisfy in order to qualify for the right to manage process. This expert will then have the resources and knowledge to offer you advice every step of the way.
People are often tempted by the idea of completing the transaction on their own in order to avoid paying legal costs. However this is not sensible. Creating a right to manage company, although can be reasonably straightforward; it is unfortunate but true that one mistake could derail the whole procedure. Although you will incur costs, it is always safer to have an expert solicitor on side.
When creating a right to manage company, it is the same as creating a normal brand new company. There are complications which arise with this. The whole process could potentially be unnecessarily long and stressful if taken on alone.
The point of all this is to say, do not try and take on this process alone, get expert advice to help you with this process. Although forming your own right to manage company can bring numerous benefits, it is a legal process and thus must. If you are thinking about the right to manage then contact right to manage solicitors today.
About the Author
Bonallack & Bishop are specialist right to manage solicitors (http://righttomanagecompanyuk.co.uk ). For more information on forming a right to manage company, contact them today. Senior Partner Tim Bishop is responsible for all major strategic decisions at the firm, which he has grown by 1000% in 13 years. He sees himself as a businessman who owns a law firm.
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