Why Right to Manage (RTM)?
At Holyhead Mews, many leaseholders share the same concerns: rising service charges, limited transparency, and little influence over how the building is managed.
The Right to Manage (RTM) offers a clear, legal solution.
What is RTM?
RTM is a statutory right that allows leaseholders to take over the management of their building—without needing the freeholder’s consent.
Once in place, management transfers to HOLYHEAD MEWS RTM COMPANY LTD, a company run by leaseholders, for leaseholders.
This means decisions about your building are made by the people who live there—not imposed by a third party.
Why consider RTM at Holyhead Mews?
🔍 Greater transparency
Under the current structure, it can be difficult to fully understand how service charges are calculated and spent. RTM gives leaseholders direct visibility over budgets, contracts, and financial decisions.
💷 Better control of costs
With RTM, leaseholders oversee how money is spent and can ensure that services are delivered efficiently and at a fair cost. This often leads to better value for money over time.
🏢 Improved management standards
The RTM Company can appoint a managing agent of its choosing—one that is accountable to residents. If standards are not met, the agent can be replaced.
🗳️ A democratic approach
RTM is built on collective decision-making. Leaseholders become members of the RTM Company and have a say in how the building is run. Where decisions are required, they are made transparently and fairly.
📈 Protecting your investment
Well-managed buildings are better maintained, more desirable, and ultimately protect (and often enhance) property values.
What RTM is not
You are not required to manage the building yourself
You do not need to become a director unless you choose to
You do not take on additional personal liability beyond your role as a member
A professional managing agent will still be appointed—but they will work for you.
How does it work?
The process is straightforward:
Leaseholders join HOLYHEAD MEWS RTM COMPANY LTD
Once at least 50% participation is reached, a formal notice is served
After a statutory period, management transfers to the RTM Company
Why act now?
Without RTM, leaseholders have limited control and must rely on formal challenges to address concerns—often at significant time and cost.
RTM provides a proactive alternative:
Take control of management
Improve standards
Ensure accountability