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Leaseholders at Risk due to Triplerose Court Decision

Steve Thompson's picture
The Court of Appeal decision in Triplerose Ltd v Ninety Broomfield Road RTM Co Ltd [2015] it is now law that a RTM company can only manage premises comprising one single building or part of a building.

As a consequence the legal position following Triplerose, with only a few possible exceptions, is that any company managing more than one building or part of a building in the belief that such powers were granted to it by statute is and always has been operating illegally.

This is the view taken by the Land Registry Lawyer who has expressly stated that the ruling applies to all RTM companies including RTM companies that acquired RTM before the Triplerose decision.

According to RTMF Director Dudley Joiner: 

Paul and Renee Waring

- Apartment Three Waverley Court

Our work with MTM LLP aimed to establish a management company for Waverley Court. MTM were able to assist with the securing of funds from non-paying owners to take the project forward. We were relieved when implementation of a realistic service budget was agreed. This was beyond our expectations in terms of cost savings and the speed with which we accomplished our goal.
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