For too long, leaseholders across London have been at the mercy of poor management companies — paying high service charges for low-quality upkeep, with little transparency or control. But with the 2024 Leasehold and Freehold Reform Act now in effect, all of that is changing.

Thanks to sweeping new updates to the Right to Manage (RTM) legislation, leaseholders now have a stronger voice, more power, and a simpler legal route to taking control of their buildings. And Neon Properties is here to make that journey easier than ever.


⚖️ What’s New in the 2024 RTM Reform?

The Leasehold and Freehold Reform Act 2024 introduced major improvements to how leaseholders can apply for and run their own building management through the Right to Manage. Here’s what’s changed:

🔓 Broader Eligibility:

Before, leaseholders in buildings with more than 25% commercial use were often excluded. Now, buildings with up to 50% commercial use can qualify for RTM — opening the door for more mixed-use buildings across London.

💼 Simpler Process:

The process for serving Section 79 & 80 notices (RTM) has been simplified, reducing legal barriers and administrative confusion. This makes the entire handover faster, fairer, and more accessible to everyday leaseholders.

💸 Fairer Cost Allocation:

Previously, leaseholders had to pay the freeholder’s legal fees — even if they won. Now, the playing field is fairer, with tighter controls on costs and stronger rights for leaseholders throughout the RTM journey.


😡 Common Leaseholder Frustrations with Traditional Management Companies

If you live in a leasehold block, chances are you’ve experienced one (or all) of these issues:

  • 🌪️ Poor communication or delayed responses to repair requests
  • 💰 Excessive and unexplained service charges
  • 🔍 Lack of transparency around contracts and contractor costs
  • 🧾 Year-end accounts that don’t add up
  • 🚫 Zero say in how your building is run

That’s why thousands of leaseholders are turning to RTM services London to take back control — legally and effectively.


🧭 How Neon Makes the RTM Switch Simple

We don’t just offer leaseholder RTM support — we deliver it from start to finish. Here’s how Neon RTM Freedom Plan™ works:

  1. Eligibility Check – We review your building’s structure, ownership, and use to confirm RTM eligibility — free of charge.
  2. Legal Preparation – Our legal team drafts and serves the necessary Section 79 & 80 notices RTM, ensuring every box is ticked.
  3. Resident Engagement – We help build support within your block, simplifying communication and building consensus.
  4. Management Handover – Once RTM is approved, we seamlessly take over block management under our Neon ProManage™ system — no downtime, no chaos.

With Neon, you're never navigating this process alone.


✅ Try Our Free RTM Eligibility Checker

Want to know if your building qualifies under the 2024 reforms? Let us do the hard work.

🔍 Try Neon’s free RTM Eligibility Checker today
Take the first step toward fair, transparent, and resident-led management.