Ten months after being found guilty by the OFT of systematically cheating residents in retirement sites, Peverel Retirement is now lining up to join ARMA-Q. This is the new ethically enhanced membership scheme that ARMA hopes will demonstrate greater professional rigour in leasehold management. The announcement will be a shock for the ARHM (Association of Retirement […]
Archives for October 2014
If Peverel Retirement is admitted to ARMA-Q, what message does that send thousands of cheated pensioners?
Letter from Arkle Court
UPDATE: November 3 2014 A spokesperson from McCarthy & Stone said: “While the slight defects with the gables at Arkle Court fall outside of our 10-year warranty period, we are committed to addressing this issue as quickly as possible for the benefit of homeowners. “We instructed independent structural engineers to carry out an inspection of […]
Now Anchor wants to grab a £160,000 house manager flat … for £10,000
After Campaign against retirement leasehold exploitation revealed that Hanover had sold 21 house manager flats, the cash-strapped Anchor is proposing to do the same. Residents at Welland Mews, in Stamford in Lincolnshire, were this morning asked whether they want to continue with a resident house manager as the post is vacant. If they agree to […]
Telegraph reproduces press release over retirement housing
The Daily Telegraph has today reproduced a press release about the retirement housing sector, this time from construction analysts Glenigan. In full here “There is no doubt that potential demand for these types of property is large, and is only set to grow.
Now LEASE survival is at stake, it decides to meet the leaseholders
The taxpayer-funded Leasehold Advisory Service organised its first wide-ranging “stakeholder” meeting last Thursday to understand how it can best get feedback from the sector. LKP / Campaign against retirement leasehold exploitation would question why it wants this feedback in the first place, given that LEASE has said absolutely NOTHING about abuses in the sector and […]
My contingency fund fee on sale paid to modify these six-month old gates
The Campaign against retirement leasehold exploitation reader “Fleeced” thinks contingency fund fees paid on sale are a rip-off and Campaign against retirement leasehold exploitation is wrong not to oppose them. She bought and sold a flat after only six months and had to pay out her contingency fund contribution. Worse, it was needed to pay for […]
Elim Court fails to win epic right to manage on appeal
Residents not informed of court decision of a month ago What are the freeholder’s legal costs? Right To Manage Federation has said it would pay Elim Court’s battle to break free of London freeholder Israel Moskovitz and his associate Joseph Gurvits has failed on appeal to the Upper Tribunal. The ruling on the right […]
Bottomley’s hard-hitting speech at Chartered Institute of Housing
Prepared speech by Sir Peter Bottomley MP (Worthing West) to the Chartered Institute of Housing Thursday October 9 2014 EVERY residential leasehold forfeiture should be reported to the Master of the Rolls Forfeiture is “nuclear weapon” in the hands of unscrupulous freeholders and judges “have the responsibility of having a sense of proportion” Evidence of […]