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Resident Management Companies (RMCs), Right to Manage Companies (RTMs) or self-managed freeholds place leaseholders with responsibility for managing certain aspects of their building. In these cases, the directors of these companies are residents who volunteer their time to support the management of the property and are rarely practitioners of block management. The importance of the roles as Director is often disproportionately more complex than the knowledge and training of

Right to Manage (RTM) companies allow leaseholders to take control of the management of their building without purchasing the freehold. This gives residents more influence over how their building is maintained and how service charges are managed. RTM directors play an important role in ensuring that the building is managed responsibly and efficiently. Their duties can include organizing maintenance work, communicating with managing agents, overseeing finances, and making deci

Managing a leasehold building can seem complicated, especially for residents who are not property professionals. Many leaseholders, RTM directors, and resident volunteers find themselves responsible for decisions that affect their building without having formal training in property management. Leasehold buildings operate under a legal structure where the property is owned by a freeholder, while residents hold leases that grant them the right to live in the property for a fixe