Form a Property Management Company Online
If a landlord/freeholder is looking to sell their interest in a building or group of buildings, tenants often form a property management company as the vehicle with which they purchase the property's freehold.
Property Management Company
£28.99
+ £100 Companies House Filling Fee-
Filing fee inclusive - we pay the Companies House filing fee on your behalf
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Fastest service - limited by guarantee company incorporated within 2-6 hours (depending on Companies House)
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Instant submission - no signature or paperwork
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Certificate of Incorporation - delivered by email and 2 copies on high quality paper
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Memorandum and Articles of Association - delivered by email and 4 copies on high quality paper
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Share certificates - delivered by email and on high quality paper
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Digital company register - with the first entries delivered to you by email
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First board meeting minutes delivered by email
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First company register with first entries delivered by email
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Free business account with cashback (subject to acceptance)
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Free merchant account with cashback (subject to acceptance) (allowing you to accept debit and credit cards)
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Free online company manager - manage your public limited company online and receive company alerts and reminders
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Free support for the life of your company
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Free review - our team will review and check your order prior to dispatch to Companies House
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Google AdWords - spend £25 and receive a free £75 voucher to spend marketing your limited company by guarantee online
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Internet presence starter kit - we'll pay for your .co.uk or .com domain name for the first year
Property management company formation - summary
The types of property most often bought by property management companies are commercial properties, blocks of flats, or housing estates which are divided into units. Each of these units is normally owned by a company or a person who may trade or live in that unit or lease/rent it out. Property management companies also take responsibility for the repair and maintenance of property and land - "the facilities". These responsibilities include but are not limited to cleaning costs, decoration of common areas, grounds maintenance, garden maintenance, caretaking, security, roof repairs, gutter repairs, lifts maintenance, and more. Property management companies are responsible for paying insurance, rates, and other taxes. Property management companies do not always buy the freehold from a landlord - they sometimes purchase the head lease instead. The company then issues sub-leases to unit holders who pay the property management company for the provision of services. In this situation, the head lease holder is still responsible to the freehold owner of the building and/or land. Your property management company may be either a company limited by guarantee (not for profit) or a company limited by shares (allowing profits to be distributed to the shareholders). Please indicate when ordering which type of company you'd prefer us to set up for you. For help and advice on forming a property management company, please call us on 02076897888 or email us at info@yourcompanyformations.co.uk.
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Company Formation Package Key Features
Priced at just £28.99, the Digital Company Formation Pack includes all of the essentials you need to form a limited company that is ready to trade.
Instant Form Submission To Companies House
We know that it’s important that your company is formed as soon as possible. That’s why we submit your documents directly to Companies House once you complete your online application. We will then email you as soon as your company has been incorporated.
Official Documents Emailed
With the Digital & Print company formation package, you will receive both hard copies and electronic copies of your documents. These documents include your Certificate of Incorporation, the Memorandum and Articles of Association, and Share Certificates. Your documents will be posted to your registered address and will also be emailed directly to you as a PDF document.
Free Cash Back
When you form a company with us, you get an exclusive offer of a free bank account or merchant trading account that allows you to receive up to £55 cashback. If you decide to take up this offer, we will automatically forward your application to the chosen organisation.
Ready-To-Trade Company
When you form a company with the digital package, your company will be ready to start trading on the same day. All our companies that are limited by shares will allow you to start trading once you receive confirmation of the electronic copies to your email.
Transparent Pricing Structure
Our company formation packages offer a transparent pricing structure, clearly distinguishing between Companies House fees and our professional fees. For all company formations, Companies House charges £100.00. Clients can easily view all costs upfront, ensuring complete clarity before submission.
Free Support And Advice
Your Company Formations provide free support and advice to all our clients. Our team of professionals is on hand via telephone, email, and our website chat portal. Support and advice are always provided before, during, and after the company formation process.
Free Company Manager
Our online company manager allows you to fully manage your company via our portal. Making changes to your company couldn’t be simpler with our range of tools, and it also saves you costs further down the line.
Excellent Partner Offers
When you choose Your Company Formations you are also getting access to a wide range of exceptional partner offers. From bank accounts to website design there will be an offer suitable for all.
Tree Planting
Start your company with good vibes. Your Company Formations will plant a tree with every new client order. Thousands of trees have been planted so far and the amount we are planting is growing rapidly.
Why Choose Your Company Formations?
Your Company Formations is the UK’s leading company formation agent. When you choose us as your company partner you are choosing a team that has years of industry expertise. You can rest assured that your company will be handled by a Companies House authorised formations agent. Our services are reliable, professional and this is backed up by a customer service team that is second to none. We will be there for you throughout your company journey and will be providing 5* assistance when you require us.
Select a Free Bank Account with Your Company Formation
Setting up your own company with Your Company Formations means you get to choose from up to 8+ seamless banking options with minimal paperwork and significantly reduced processing time. Select the bank that fits your needs and set up your account in minutes.
Help build new woods, forest and habitats
Start your company with good vibes. Your Company Formations team will plant a tree with every new client order. Thousands of trees planted and growing rapidly!
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FAQs
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A company limited by guarantee is used for property management when the residents of a building collectively take control of its upkeep and management, rather than leaving it in the hands of a commercial landlord or managing agent. Because a CLG has no shareholders and does not distribute profits, it is well suited to a non-profit arrangement where flat owners pool resources to maintain their building. Any surplus funds are reinvested into the property rather than paid out to individuals. It also gives the company a separate legal identity, meaning it can enter into contracts, hold a head lease, and take on legal responsibilities in its own right.
In a property management company limited by guarantee, membership is typically tied to ownership of a unit within the building. Each flat or unit owner becomes a member, or guarantor, of the company. As a member, each person has a say in how the company is run, usually through voting at meetings, and shares responsibility for decisions about the management and maintenance of the building. The company issues sub-leases to unit holders, who pay the property management company for the services it provides. Members agree in advance to contribute a small guaranteed amount towards any company liabilities if the company were ever wound up.
A property management company is responsible for the repair and maintenance of the building and its shared facilities. Specific responsibilities include cleaning costs, decoration of common areas, grounds and garden maintenance, caretaking, security, roof repairs, gutter repairs, and lift maintenance. The company is also responsible for paying insurance, rates, and other applicable taxes. Where the company holds the head lease rather than the freehold, it remains accountable to the freehold owner for fulfilment of those lease obligations. Unit holders pay the property management company for providing these services, which are funded through the service charges collected.
The page does not address this directly. In practice, membership of a property management company is linked to ownership of the unit. When a flat owner sells their property, their membership of the company typically transfers to the new owner as part of the conveyancing process. The outgoing owner's membership ceases, and the incoming owner is admitted as a new member in their place. How exactly membership transfers is governed by the company's Articles of Association, which should set out the process clearly. It is important that the Articles are drafted to reflect this arrangement so that membership remains aligned with ownership at all times.
