Taking control of your building’s management through the Right to Manage (RTM) can be an empowering step for leaseholders. It allows residents to have a direct say in how their development is run, from maintenance standards to financial transparency. However, the process can be complex, and who you choose to guide you through it makes a significant difference.
At Prime Property Management, we regularly see developments that have exercised RTM using companies that focus solely on the legal application process rather than ongoing management. While these firms may complete the statutory requirements, the long-term practical implications for residents are often overlooked. Below, we outline key considerations and explain why working with a management provider experienced in RTM delivery can make the process smoother, more cost-effective and more sustainable.
- One RTM Company vs. Multiple RTMs per Block
A recurring issue is developments setting up separate RTM companies for each building where a single RTM could have covered the whole site. Although it may seem straightforward, this often results in higher costs, duplicated administration, insurance complexity and fragmented decision-making. By contrast, Prime’s RTM team evaluates the entire development at the outset to determine whether a single RTM structure is suitable, reducing future disputes and inefficiencies. - Understanding the Estate and Lease Structure
Problems also arise when RTM specialists do not properly review leases or estate arrangements before proceeding. We have seen blocks take RTM while remaining financially responsible for neighbouring buildings that no longer contribute, and social housing elements excluded entirely, leading to fragmented management. Our team reviews eligibility, leases and site layout in detail before any application, and will visit the site where needed to ensure shared obligations and boundaries are understood. - The Role of the Freeholder After RTM
Even once RTM is achieved, the freeholder often retains responsibility for estate areas and may continue to set budgets, charge management fees and oversee communal spaces. If this is not anticipated, it can lead to confusion over roles and responsibilities. When leases allow, it is often possible for estate management functions to transfer to the RTM. Our approach seeks to identify this, creating clarity and alignment between block-level and estate-level management. - Cost-Effective, Experienced RTM Support
Many RTM-only firms charge high fixed fees for the legal process alone. Prime provides a more cost-effective solution, offering a reduced RTM fee when appointed as managing agent for the first year. Because our RTM team has both operational and statutory expertise, we assist not only in achieving RTM but also in running it effectively. - Why Choose Prime for RTM?
Choosing Prime offers access to a simplified RTM structure where possible, informed lease and site assessments before proceeding, transparent fees, a smooth transition into management, and expertise in mixed-use or multi-block developments. Leaseholders gain an ongoing partner rather than a service limited to the statutory application.
Ready to Explore RTM for Your Development?
If your residents are considering RTM, our RTM team at Prime Property Management can review eligibility, guide you through the process and help establish the right long-term structure.
Please note: this provides general guidance only and should not be treated as legal advice. Independent legal advice should be obtained where required.