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Right to Manage | RTM http://www.canonburymanagement.co.uk/Web/Right-To-Manage.aspx
We will then set up your property and create invoices online for you to pay. If you have given us your email address, you will receive a username and password and a copy of the invoice. You can then pay by telephone banking or log in to our website and pay your outstanding bill. If you do not have email, you will receive an invoice in the post that can be settled by BACs payment or telephone banking. All payment details are shown on your invoice.
What happens if a counter notice is received?
Unfortunately, at this point, the matter must be referred to the Leasehold Valuation Tribunal (LVT) but we will notify you if this happens. We can also complete the application to the LVT for you for a fee of £1500 including VAT. This figure includes not only the preparation of any legal and factual arguments, but production of the 6 bundles required by the LVT and attendance at the hearing by our experienced staff so that you have the best chance of success.
After the RTM Process has been completed, how do we get our money from the managing agent?
This is a potentially complicated process for a lay person to conduct and we would strongly advise appointing a managing agent such as ourselves to complete this for you. If there are more than 10 flats, we would suggest that the accounting involved would necessitate the use of an agent with good systems to complete the ongoing management and obtain historical fees. If you still wish to do this, you may find some references on our website useful, however, we cannot advise further unless you sign up for our management services.
We don’t have everyone’s details in our building – does this matter?
Our advice would be that as soon as you have 50% participation in the RTM process, it should be started. The cost is usually recovered very quickly and it could be false economy if you hold out until every last person is willing to go through the process. Non-participating lessees should not be looked upon as freeloaders in this process. They are simply, for whatever reason, not eager or willing to participate and we would recommend going ahead with the numbers that are, so long as you meet the 50% criteria.
What about our eligibility for the process?
We will check the land registry for the lease length. We rely on you to provide the data we request in the RTM Questionnaire accurately and to confirm that no more than 25% of the building’s non-common parts are set to commercial use. We will also rely on you to provide the correct names of the persons who are participating in the process and to provide the name and address of the freeholder for legal service, which is only available on your service charge bill or ground rent bill. Whilst we can check some data against the HM Land Registry, you are responsible for the provision of the data and must ensure it is accurate. We do check names and flats but there are cases where leasehold flats are not registered.
What information can we expect from you and when?
We will send you login details within one working day of you having providing us with a completed questionnaire. You will then need to login and pay the outstanding invoices or you can pay these by BACs to our bank account using the details provided in the invoice we send to you. You can follow the progress of the RTM claim online in your secure area and our systems will issue you with a copy of the claim notice and a letter indicating if a counter notice has been received or otherwise, if the process has been successful. All other documents are shown online, however, we do not provide these by email or post to you.
Any other questions?
If you have any other questions, please email or telephone through to us and our sales staff or client services team will be pleased to assist.
Why use Canonbury to obtain the Right to Manage?
There are a number of reasons to choose Canonbury for your right to manage process:
Up-to-date Legislation process checked for compliance with The Right to Manage (Prescribed Particulars and Forms) (England) Regulations 2010 (No. 825).
Up-to-date Legislation process checked for compliance with the Companies Act 2006 (c.46).
Full Directors Register to Comply with 2006 Companies Act.
We offer a full personal advice service for the Right to Manage process. Just call 0207 1188 400.
We are the most used RTM service provider - we form over 85% of all Right to Manage Companies and this percentage is growing.
Fewer LVT applications - Our automated process reduces the potential for your claim to require an application to the Leasehold Valuation Tribunal.
99% Success - 99% of our Right to Manage claims have resulted in success for our clients.
Duplicate claim notices sent – we send all claim notices to the freeholder by both regular post and recorded delivery and provide you with access to the recorded delivery tickets online.
All documentation online – We provide access to all documents online so you can provide these to your new manager or have easy access for reference. These include M&A, certificates and registers.
Online Updates– We provide online updates and advise you by email if the claim is successful or if an application to the LVT is required.
Qualified Legal Staff – Our LVT applications are prepared by qualified barristers who are specialists in this area and we provide staff who attend the right to manage determination hearings on your behalf to ensure you have the best chances.
Statutory Register Production – We produce all statutory register documents which are required under Company law so that your company starts off on the right footing.
Post RTM Service – We forward correspondence sent to us for a 3 month period after the Right to Manage has completed, even where you do not use us for management.
We are the cheapest – if you find a cheaper provider, we will undercut them by 10%.
We are the fastest – our automated process guarantees that no time is lost from start to finish.
We are the best - our automated system reduces the risk of human error in the legal process. We have £3m of professional indemnity cover per claim.
We can save you money on management in almost all cases.
Copyright 2008–2015 Canonbury Management. Canonbury Management is a trading name of Investment Technology Limited
Canonbury Management (https://www.canonburymanagement.co.uk)- A Block Management & Right To Manage Company | Address: One Carey Lane, London EC2V 8AE UK Company number 04885448 | FCA registration number 478721 | VAT Number 831047948 | Data Protection Registration Number Z1135050 | Property Ombudsman Registration Number D11859 Investment Technology Ltd is authorised and regulated by the Financial Conduct Authority
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