Right to Manage News

2000 retirement units achieve Right to Manage

Monday 18th November 2013

Kings Lodge, Finchley, London

Following the successful Right to Manage (RTM) determination for Kings Lodge, Finchley, London, the Right to Manage Federation (RTMF) have now assisted over 2000 leaseholders exercise RTM in retirement developments, with more in the pipeline.

RTMF have assisted retired leaseholders throughout England and Wales, including developments in Yorkshire, Derbyshire, Shropshire, Hampshire, Kent, Sussex, Hertfordshire, Oxfordshire, Essex, Norfolk and Devon, with further estates in London, Birmingham and Swansea.

In August 2013, a majority of the leaseholders of Kings Lodge, a block of 58 flats instructed the RTMF to acquire the RTM, agreeing to our unique and proven RTM Retirement Scheme.

On receipt of the Notice of Claim, the landlord, HOME GROUP issued a Counter-Notice, admitting the RTM. Now that the RTM has been determined, the RTMF will shortly invite all members of the company to join the nominated directors in forming a Manager Selection Committee, a process that has worked extremely well for many of the developments assisted by the RTMF.