For qualifying developments, East Valley Properties may provide its normal Right to Manage set-up and claim-administration service without charging its normal RTM service fee, where the RTM company enters the agreed 24-month East Valley management arrangement following successful acquisition of the Right to Manage.
Normal East Valley management fees apply and are not increased because of the funded RTM offer. External costs may still apply. Eligibility and terms apply.
Under this programme East Valley waives its own RTM service fee. External costs and disbursements can still arise and remain reimbursable, and normal management fees remain payable. We do not describe this offer as "free Right to Manage", because that would not be accurate.
East Valley RTM service fee
£0 under the funded programme
Normal management fee
Payable in the normal way
Management-fee uplift because of RTM funding
£0 - no uplift, no surcharge, no commission
External costs and disbursements
Reimbursable where applicable
The management fee is quoted and agreed in the normal way for the development. It is not increased, loaded or recovered indirectly because East Valley funded the RTM work. Our published block management pricing remains the basis for that fee, and we take no insurance, utility or contractor commissions.
Our standalone Right to Manage service starts from £1,500. A typical straightforward claim is generally quoted at approximately £1,500-£2,500, depending on block size, the number of participating leaseholders, title and lease complexity, the amount of administration involved, and whether unusual issues arise. Complex or contested matters are quoted separately. External costs are additional.
We do not present this as a guaranteed saving or a reference price. It is simply what the same service costs when it is bought on a standalone basis.
Subject to eligibility and the agreed scope, the funded service can include:
East Valley Properties is a managing agent, not a firm of solicitors, and does not provide reserved legal services. Where legal advice or legal drafting is required, an appropriate solicitor or specialist may need to be instructed, and that cost is an external cost.
The £0 East Valley RTM fee does not automatically include external costs. Where genuinely required, these can include:
Not every claim incurs all of these. Many straightforward claims involve only incorporation and title or document fees. Any material external expenditure will be explained and agreed with the participating leaseholders before it is incurred wherever reasonably practicable.
For suitable claims, East Valley may agree to pay agreed routine external costs at the outset and recover the actual external cost later. The intention is to reduce the amount participating leaseholders need to find at the beginning of the process.
Where we do this, we recover the actual cost incurred: no markup, no commission and no hidden finance charge, unless a different arrangement is expressly agreed in writing in advance. Reimbursable external expenditure is not free - it is deferred.
Where East Valley has accepted a development onto the Funded RTM programme and an ordinary claim subsequently fails through no fault of the participating leaseholders, East Valley absorbs its own RTM service and time cost. Our RTM fee does not suddenly become payable simply because the claim was unsuccessful.
Actual agreed external costs remain reimbursable. This treatment may not apply where:
Materially contested claims, litigation or exceptional circumstances may require a separate written arrangement agreed in advance.
The funded service is principally designed for normal, uncontested RTM claims. If significant legal issues arise - disputed eligibility, a negative counter-notice, a complex title issue, tribunal or court proceedings, or an appeal - specialist legal advice may be required.
Any additional external professional costs will be discussed before they are incurred wherever practicable. We do not guarantee that East Valley will fund contested litigation.
The RTM company acquires the statutory management functions. East Valley does not acquire the Right to Manage and does not take control of the building. Following successful acquisition, the RTM company appoints East Valley as managing agent under the agreed management contract.
Under this funded proposition the intended management appointment is 24 months, subject to the final contractual documents. Normal East Valley management fees apply and are not increased because East Valley funded its RTM service. How we work with directors after acquisition is set out on our RTM company management page.
East Valley assesses each application individually and retains discretion over whether to offer the funded arrangement. Factors we consider include:
Eligibility for the Funded RTM programme is conditional upon the parties entering the required management arrangements. The contractual treatment of a failure to appoint East Valley after successful acquisition, withdrawal before acquisition, or termination during the agreed 24-month period is subject to the executed Funded RTM agreement and management agreement, and to independent legal review. Nothing on this page creates a liability for another person's costs of an RTM claim.
Participating leaseholders and prospective directors may wish to obtain independent legal advice before proceeding with a Right to Manage claim, before entering the Funded RTM arrangement, and before entering the 24-month management agreement. We encourage it.
For general background, our guide to the Right to Manage process step by step explains the statutory stages, and our Right to Manage service page explains how we support claims.
East Valley Properties cannot guarantee:
These terms are a plain-English summary of the funded proposition. They are not a contract and do not constitute legal advice. The binding position is set out in the executed Funded RTM agreement and management agreement.
We will review eligibility, participation and the practicalities before anyone commits to anything.