Our standard fee for RTM is a base charge of £1,000, plus £50 multiplied by the number of flats in the applicant block.
If there are multiple blocks applying it is now a legal requirement to form one RTM Company for each block even if the intention is for the blocks to be under a single management company. The overall fee for multiple RTM’s in a single estate is a base fee of £1,000 or £200 per block (whichever is greater) plus £50 multiplied by the total number of flats.
If the Claim is disputed and it is necessary to make applications to the First-tier Tribunal or the Court, the cost of professional representation is subject to an additional charge, usually about £1,500. This may increase by agreement in complex cases.Apply for Right to Manage here (non-retirement)
For a block of 3 flats the all inclusive fee will be:-
£1,000 plus £150 = £1,150
For an estate comprising 3 blocks totalling 60 flats, the fee will be:-
£1,000 plus £3,000 = £4,000.
For an estate comprising 8 blocks totalling 100 flats, the fee will be:-
£1,600 plus £5,000 = £6,600.
Under our retirement scheme, the RTM process is free to all leaseholders. Each supporting leaseholder is asked to contribute a small good faith deposit of £60. This sum is fully refunded on completion of the RTM process.Apply for Right to Manage here (retirement)