More leaseholders expected to challenge their building managers
Original Article Summary
Block management firm LRPM London is predicting this year to see a dramatic rise in leaseholders exercising their Right to Manage (RTM), where flat leaseholders to take over building management from the freeholder. This is thanks to growing awareness combined with regulatory reforms in March 2025, as well as the continued rollout of the Leasehold […] The post More leaseholders expected to challenge their building managers appeared first on PropertyWire.
PropMatch Curated Analysis
Regulatory reforms removing freeholder legal fee requirements are expected to drive significant growth in leaseholder Right to Manage takeovers in 2026, with one recent case achieving £100k annual savings.
Investor Relevance
Critical for leasehold apartment owners who can now more affordably challenge poor management and reduce costs. Also affects property managers who must improve transparency and service quality to retain clients, and impacts acquisition decisions for leasehold properties.
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