Benefits of RTM Management Companies

In 2010, the Leaseholders of the KEW apartments were successful in setting up their own Right To Manage (RTM) companies and the executive management of KEW Phases 1 and 2 are now under the control of Leaseholders.

As a result KEW Leaseholders are in the enviable position of determining how they want to see their site maintained and further developed, with maintenance costs under their direct control.

There are separate companies for the two phases of the development but they cooperate in an Operating Group to ensure the benefits of synergy such as increased purchasing power.

The policy is one of continuous updating and improvement of the communal areas. For example, the lighting systems are currently being changed so that they are activated by movement sensors. This has been proved in pilot schemes to reduce electricity usage substantially thus countering recent large increases in electricity prices.