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Right to Manage Company Formations Package for Leaseholders In Flats
Register an RTM now and take control of your building management. Get started for just £38.99 + filing fees.
Gain control of your building in just 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.
After verifying your ID, we will activate the service and complete your limited company registration.
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.
Only eligible leaseholders can register a Right to Manage company.
Find out if you're eligible to take over your building management.
Tenants or tenants of a flat can register an RTM (Right to Manage) company limited by guarantee to take control over the management of their building if the following conditions are met:
- The building must have at least two flats.
- A maximum of 25% of the building floor space (excluding common areas, stairs, halls, and car parks) can be used commercially.
- At least 66% of the residents must be qualifying tenants with leases originally granted for more than 21 years.
- The RTM company must have at least one director and two members who are qualifying residents.
- At least 50% of the qualifying renters must agree to join the company by the time it files a claim notice to the landlord to take over management of the building.
You can register the RTM company before fulfilling the 50% requirement, but it can only file a claim notice once you attain this threshold.
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, has occupied one of the flats as their principal home for at least twelve months.
Licensed company formation agent
£38.99
+ £100 Companies House Filling FeeThe ideal solution for your Right to Manage Company
- Fast service, 2-6 hours, depending on Companies House.
- Bespoke legally checked articles, or you can upload your personalised articles.
- Successful application for limited name exemption
- Sensitive word inclusion for Benevolent, Association, Society, Federation, Trust, Foundation, etc
- 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
- Google AdWords - spend £25 and receive a free £75 voucher to spend marketing your limited company by guarantee online.
- Internet presence starter kit - we'll pay for your .co.uk or .com domain name for the first year.
We’ve helped over 100,000+ business owners launch with confidence
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Award Winning Services
Right to Manage Formation Package Key Features
The company formation pack includes all the essentials for forming a limited company ready to trade for just £38.99 + filing fees.
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.
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.
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.
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
Ready to Start?
£38.99 + filing fees.
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.
Have a question? Get in touch today
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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 that eligible leaseholders in a residential building can set up to take over the management of their building from the landlord or an external managing agent. It gives residents direct control over how their building is maintained and managed, without needing to prove that the landlord has acted poorly. Benefits include lower service charges by removing external management fees, improved maintenance standards through direct resident involvement, and a more straightforward route to resolving disputes. The RTM company must be properly formed and registered with Companies House before it can serve a formal claim notice on the landlord.
Yes. An RTM company must be structured as a company limited by guarantee, and its articles of association must reflect the specific requirements set out in the Commonhold and Leasehold Reform Act 2002, which governs RTM companies. Standard or generic model articles for a CLG are not sufficient. The articles must include the prescribed provisions for an RTM company, covering matters such as membership entitlement, the process for acquiring the right to manage, and how the company operates once management has been acquired. A bespoke legally-checked set of articles is provided as part of the RTM formation package, and you can also upload your own personalised articles if you prefer.
Membership of an RTM company is open to qualifying tenants of the building, which means leaseholders who hold leases that were originally granted for more than 21 years. The landlord is also entitled to be a member. For the company to be eligible to exercise its right to manage, at least 50% of the qualifying leaseholders must have joined as members by the time the company serves its claim notice on the landlord. The company can be registered before reaching the 50% threshold, but it cannot file the claim notice until that level of participation is achieved. The RTM company must also have at least one director and two members who are qualifying residents.
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Through your partnership, we plant trees in degraded forests, recreating wildlife habitats, which improves soil quality, combats the effects of climate change, and promotes the recovery of ecosystems.
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Working with Ecologi, we’ve offset over 10 tonnes of CO2 emissions, achieving carbon positivity. We have offset more CO2 than we have emitted and are making a net positive environmental impact.
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