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Right to Manage Company Package
The Right to Manage Company Package is our UK company formation package for leaseholders taking over management of their building, priced at £38.99 + £100 Companies House fee. It's designed for eligible flat leaseholders forming an RTM company limited by guarantee.
It includes UK company formation, Right to Manage Articles of Association that comply with the prescribed statutory provisions, a Certificate of Incorporation by email and on paper, a free online company manager, and access to partner bank accounts with cashback.
Form your Right to Manage company in 3 steps.
Super fast company setup
Enter your preferred business name in the search box and proceed to checkout.
Our compliance team will review your submission and contact you for identity verification.
Once your application and required checks are complete, we submit your RTM company registration to Companies House and email you when incorporation is confirmed.
Enhance flat management with a Right to Manage company
Reduced Service Charges
Lower your service charges by managing the property yourself. Avoid paying extra fees to external managing agents and potentially cut down on unnecessary costs.
Improved Service Quality
Ensure that maintenance and repairs are handled promptly and to a higher standard. With residents directly managing the property, you can address issues more effectively and maintain a higher level of service.
Simplified Dispute Resolution
Having residents manage the property simplifies dispute-resolution processes and promotes agreeable outcomes. Effective communication and direct involvement foster a more cooperative environment.
Elimination of Excessive Management Fees
Save on high management fees charged by external companies. With an RTM company, you handle the management tasks yourself, potentially reducing or eliminating these additional costs.
Who qualifies for the Right to Manage?
Find out if you're eligible to take over your building management.
Eligible leaseholders can form a Right to Manage company limited by guarantee to take over management of their building in England or Wales. The main qualifying conditions include:
- The premises must be a self-contained building, or a qualifying self-contained part of a building, containing at least two flats held by qualifying tenants.
- Non-residential areas must not exceed 50% of the total floor area, excluding common parts such as shared entrances, halls and staircases.
- At least two-thirds of the flats must be held by qualifying tenants, generally leaseholders whose leases were originally granted for more than 21 years.
- When the claim notice is served, qualifying tenants representing at least half of all flats in the premises must be members of the RTM company. If there are only two qualifying tenants, both must be members.
- The immediate landlord of any qualifying tenant must not be a local housing authority.
You can incorporate the RTM company before reaching the required participation level. Before serving a claim notice, the company must meet the membership requirement and follow the statutory notice procedure. Incorporation alone does not transfer management of the building.
You cannot claim the right to manage a leasehold property if all of the below conditions are simultaneously met —
- The premises were not specifically constructed as a residential block of flats from the onset (i.e., it is a converted property, not a purpose-built block) AND
- The total number of flats on the premises is four or fewer AND
- The freeholder, or an adult family member, occupies one of the flats as their only or principal home and has done so throughout the preceding twelve months.
Licensed company formation agent
£38.99
+ £100 Companies House feeThe ideal solution for your Right to Manage Company
- Fast online submission to Companies House (usually processed within 24 hours)
- Right to Manage Articles of Association that comply with the prescribed statutory provisions, or you can provide your own compliant RTM Articles.
- Support for applications using sensitive words such as Benevolent, Association, Society, Federation, Trust or Foundation, where permitted
- Certificate of Incorporation delivered by email and on high quality paper
- Guarantor certificates delivered by email and on high quality paper
- Memorandum and Articles of Association delivered by email and on high quality paper
- Free business account with cashback (subject to acceptance)
- Free merchant account with cashback, allowing you to accept debit and credit card payments
- Free online company manager - manage your limited by guarantee company online and receive company alerts and reminders
- Free support for the life of your company
- Free review - our team will review and check your order prior to dispatch to Companies House
- Internet presence starter kit - we'll pay for your .co.uk or .com domain name for the first year.
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Right to Manage Company Package Key Features
Priced at £38.99 + £100 Companies House fee, the Right to Manage Company Package includes the key services needed to form an RTM company limited by guarantee.
Instant Form Submission To Companies House
Once you complete your online application and our required checks, we submit your application electronically to Companies House. Companies House normally processes incorporation applications within 24 hours, although complex applications can take longer. We will email you as soon as your company has been incorporated.
Official Company Documents
With the Right to Manage Company Package, you will receive your Certificate of Incorporation, Memorandum and Articles of Association, and guarantor certificates electronically and on paper. An RTM company is limited by guarantee and does not issue share certificates.
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.
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.
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.
Incorporated RTM Company
Once Companies House incorporates your RTM company, it exists as a legal entity. Taking over management of the building requires the separate statutory RTM process, including the required notices and acquisition date.
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.
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.
We make forming your company simple, fast and affordable!
There are many reasons why Your Company Formations is a UK leading formation agent
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£38.99 + £100 Companies House fee
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FAQs
We gathered all questions you may have about our company, process, packages and pricing.
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A Right to Manage company is a company limited by guarantee through which qualifying leaseholders acquire certain building-management responsibilities from the landlord. It does not require proof of poor management. Incorporation is the first step; eligibility requirements and the statutory notice process must also be satisfied.
Yes. RTM companies must use Articles of Association that comply with the prescribed statutory provisions for England or Wales. Generic company limited by guarantee Articles are insufficient. This package provides compliant RTM Articles, and any Articles you supply must also comply with the applicable regulations.
Qualifying leaseholders can become members. Landlords gain membership entitlement when the company acquires the right to manage. At the claim-notice date, members must represent at least half of all flats. If there are only two qualifying tenants, both must join. The company can be incorporated before reaching this threshold.
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