Right to Manage

The Right To Manage (RTM) gives lessees the powers and responsibilities under the Lease that the Freeholder had

Leasehold managers have the power to spend money under their contracts with the freeholder. They are not all regulated and may work for a freeholder who has only a financial interest in the leases.

The Right To Manage (RTM) gives lessees the powers and responsibilities under the Lease that the Freeholder had. They can manage themselves or engage an Agent.

The disadvantage of RTM? Short leases continue to reduce and become more expensive to renew.

The advantage of RTM? Leaseholders have an inexpensive way out of a situation of continual dispute with the freeholder.