Funding Right to Manage

Funding Support for Right to Manage Applications

One of the biggest barriers to pursuing Right to Manage is the upfront cost of setting up the RTM company, serving notices and progressing the legal process.

For suitable buildings, Temphis may be able to fund the upfront costs associated with establishing the Right to Manage structure and recovering control of the management of the building, subject to assessment and appointment terms.

This allows qualifying leaseholders to pursue a change in management without needing to fund the initial process themselves.

Where support is provided, costs are typically recovered over time through the ongoing management appointment, allowing the transition to be managed in a practical and commercially sustainable way.

If your building is being poorly managed and you believe Right to Manage may be the right solution, speak to our team to discuss whether your building may qualify.

Can Temphis fund the cost of setting up a Right to Manage company?

For suitable buildings, yes. Temphis may be able to fund the upfront costs associated with establishing the RTM structure and progressing the process, subject to assessment, due diligence and appointment terms. Costs are typically recovered over time through the management arrangement.

Considering Right to Manage But Concerned About Cost?

Many leaseholders recognise that their building would benefit from changing managing agents, but the cost of setting up an RTM company can be a barrier.

Temphis may be able to remove that barrier by funding the upfront process for suitable buildings, allowing leaseholders to focus on improving the management of their property rather than the initial cost.