Right to manage company
Taking control is easier than ever with our Right to Manage Company service.
Perfect for leaseholders ready to assume full responsibility for their property’s management, our service simplifies a traditionally complex process. Our experts will guide you through every step—from registration to compliance—with clarity and professionalism. At First Corporate Law Services, we believe in empowering you with the freedom to manage your own spaces while you focus on what really matters.
WHAT’S INCLUDED
- Company Formation
- Loose leaf register
- Eight bound copies of the memorandum and articles
- Completed first board minutes
Other company formation options from FCLS
Community interest company
Charitable incorporated organisation
Flat management company
Guarantee company
Public limited company
Limited liability partnership
Right to manage company
Unlimited company
Frequently asked questions
What is a right to manage company?
A right to manage company is a company formed by leaseholders to manage their residential property without needing to prove mismanagement by the landlord.
How do I set up a right to manage company?
To set up a right to manage company, leaseholders must follow a legal process that includes gathering support from fellow leaseholders and submitting the necessary paperwork.
What are the benefits of a right to manage company?
The benefits include greater control over property management, potential cost savings, and the ability to make decisions that directly affect the leaseholders.
Can any leaseholder form a right to manage company?
Yes, any leaseholder in a qualifying property can form a right to manage company, provided they meet the legal requirements.
What is the role of a right to manage company?
The role of a right to manage company is to manage the common areas and services of a residential property, ensuring that leaseholders’ interests are prioritized.
What is the cost of setting up a right to manage company?
The cost can vary depending on the complexity of the setup, but it typically includes legal fees, registration costs, and potential ongoing management expenses.
How long does it take to set up a right to manage company?
The setup process can take several weeks, depending on the responsiveness of leaseholders and the completion of necessary documentation.
What documents are needed for right to manage company formation?
Key documents include the Articles of Association, a list of leaseholders, and a notice of the intention to form the company.
Can a right to manage company be dissolved?
Yes, a right to manage company can be dissolved if the leaseholders decide to revert to the original management structure or if the company is no longer needed.
What is the difference between a right to manage company and a residents' association?
A right to manage company has legal powers to manage the property, while a residents’ association typically serves as a forum for communication among residents without formal management authority.