Company records show that there are over 60,000 registered Residents’ Management Companies and a high proportion relate to flats
Browsing: Manage Your Block
To start you need to set up a Right to Manage Company, always take advise from a solicitors to ensure the Company is set up correctly.
Compliance and credit control are more important than ever says David Clark of Mainstay.
Forming a Residents Management Company: what you should know Karen Howell Bowley is Jordans’ foremost expert on the incorporation of RMCs.
Providing you do not collect ground rents or make any capital sales, it is possible that you could make dormant company returns.
If your concern is that some people are not contributing their share of the costs, then you take straightforward recovery action, usually through the company’s solicitors.
There are varying types of Agent, some smaller offering a more personal service, others larger with a more distant approach to Property Management.
Forming a residents association is an effective way for leaseholders to express their collective views to their landlord or managing agent.
I own a flat in a block of six flats, five own a share of freehold and we have created a Ltd management company that we self-manage.
We have tried to start a Resident’s Association. Am I right in saying that we need 60% of the residents to form the association?