Right To Manage Companies (RTMs) and Preside

Building Façade
  • Support and guide you through set up
  • Access to legal advice
  • Arrange repairs
  • Collect service charge monies
  • Long-term planning
  • Manage reserve/sinking funds
  • Full company secretarial service

The introduction of the right to manage your building in the Commonhold and Leasehold Reform Act 2002 has increased the opportunity for leaseholders to assume control of their building and its costs.

We appreciate the difficulties RTM companies face. With shareholders exercising only minimal financial investment, interest can wane, leaving only a few doughty souls keeping the company operating.

Keeping shareholders engaged

Preside will support you, advising how to keep shareholders engaged and how to maximise the shareholding in your building. The quality of our management of your building will reassure shareholders that they made the right decision in setting up the RTM company. It will also support the board as they seek affirmation for the tough decisions they may have to take for their building’s well being.

Setting up RTM companies

Preside can assist with setting up your RTM company. We can connect you with appropriate solicitors, and we offer a company secretarial service to ensure that the new RTM company fulfils its legal and statutory obligations (see our services section.) You are welcome to download our handy guide to the RTM process from our Downloads section or from the link on this page.

Preside

Out of hours emergencies

We operate an out-of-hours emergency service. Please note that we can only deal with issues that require urgent attention and that cannot wait until normal office hours.

Please note, contractors are likely to charge a premium rate for dealing with out-of-hours emergencies.

For emergencies only, please call 0844 873 2342.