Right To Manage Insurance
Do you own a leasehold property and want the Right to manage it yourself?
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01273 827090
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Do you want the opportunity to control how your property is managed and reduce your costs?
Right to Manage gives leaseholders the opportunity to take over the management of their property and reduce their outgoings.
Freeholders and managing agents are often charging substantial sums on various outgoings and especially insurance. Leaseholders who manage their own buildingn without the help of a managing agents can make substantial savings from freeholders and managing agents as these people often receive commissions. Why not look at the leasehold advisery service by the government that also has useful information, click here.
Right to Manage as your legal right!
Parliament passed legislation to help owners like yourself to have the Right to Manage your property without having to prove fault by your landlord or managing agents and to pay any compensation.
Why claim your Right to Manage?
If you live in a block of flats and do not have any say in who runs the block then you can benefit from the Right to Manage process.
The right is available to flat owners, in all blocks, where they fulfil the following criteria:-
- At least 50% of the flat owners within a physical block of flats must want to go through the process.
- At least two-thirds of the flat owners within the physical block must have long leases (more than 21 years)
- No more than 25% of the property may be used for non-residential use i.e. commercial
If your block fulfils this criteria then it is highly likely that you will be able to go through the Right to Manage process. There are certain legalities that you need to go through, please see our article on this.
There is no need to prove mismanagement by the landlord or current managing agent to implement the right. It just means that you will be taking over the management functions and dealing with items such as:-
- Repairs, redecoration and maintenance of the structure of the building and common parts.
- Services such as lighting, cleaning and gardening.
- Collection of service charge and accounting
- Complying with statutory requirements relating to the management
- The day to day running and management of the block
- Insuring your building
Don’t hesitate to call us on (01273) 827090 as we have an extensive knowledge of the process of Right to Manage and how lessees can not only reduce their premiums but ensure that the amount of the reductions sometimes pay for the whole of the process itself!
More Right To Manage Insurance Information
iInsure365 Brochure for Right to Manage and Enfranchisement clients
Click here to download the iInsure365 Brochure for Right to Manage and Enfranchisement clients
Customer reviews on building insurance premium savings.
‘Always a really good experience renewing my insurance with iInsure365. They contact me well ahead of time and hunt down the best rates. Great, friendly and professional service!’
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‘Fast, friendly insurance at a very competitive price. 100% recommend!’
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‘A great company to deal with. I contacted them and provided my details and in less than ten minutes, I received with a competitive quote for Landlord House Insurance and copy of the certificate.
I would highly recommend this company.’
Andrea Snape
‘Very helpful service with quick replies and great staff.’
Elspeth Hornby
We have exclusive insurance products for the ownership types described above. Request a call back to speak to a member of the team.
