February 21, 2020

Tchenguiz and Peverel named in House of Lords debate

Melissa Briggs, of Campaign against retirement leasehold exploitation, meets Tory peer Baroness Gardner at the House of Lords in February Both the Tchenguiz family and Peverel were named in a House of Lords debate yesterday on leasehold service charges. They were singled out by Baroness Gardner of Parkes (Conservative) – the only freeholders and managing […]

Plenty of opportunities … to load the bill

The law requires all charges levied by a landlord for services provided to be “reasonable” and “reasonably incurred” and to have been arrived at after a prescribed consultation process. Unfortunately, it is still easy for unscrupulous landlords and managing agents to exploit what is still an inadequately regulated sector, particularly where older residents are concerned. […]

A commission fit for a Kingsborough … Peverel’s way with insurance

In leasehold blocks, it is the landlord’s responsibility – and perk – to arrange the building’s insurance, though  as with everything else, it is the residents who pay. Where Peverel is the management company, it has until very recently used its sister company Kingsborough – which was also also part of the Tchenguiz Family Trust […]

Such a lonely and obstinate Shapps: minister alone against regulation

The body representing the most powerful interests in British property fully supports greater regulation of the leasehold sector – leaving Housing Minister Grant Shapps isolated in blocking regulation. That was the main finding of LKP’s meeting with the British Property Federation’s chief executive Liz Peace and Ian Fletcher, who heads the BPF’s residential division. The […]

April news headlines

24.04.2012 Peverel and Tchenguiz named in Parliament Both Peverel and Tchenguiz were named in a wide-ranging debate about leasehold service charges in the House of Lords yesterday. Campaign against retirement leasehold exploitation was also praised for its activities in highlighting exploitaton of residents in retirement developments. Read full report here 23.04.2012 Lords debate on leasehold […]

London Assembly damns property management racket

A London Assembly report into leasehold service charges published today is a devastating attack on the Tchenguiz/Peverel stealth charge business model and it urges the property industry to clean up its act. Referring to “opaque” service charges regimes at numerous London developments, the report can also be read as veiled criticism of Housing Minister Grant […]

March news headlines

31.03.12 – Lords to debate leasehold abuses The House of Lords is to debate residential service charges next month. The move comes from Baroness Gardner (left) following meetings with Melissa Briggs and Sebastian O’Kelly, of the Leasehold Knowledge Partnership, in February. Baroness Gardner, a former Westminster councillor who as an Australian comes from a country […]

Charter Quay keep out County Estates Management

Charter Quay, Kingston: its LVT victory is the most damning document against the whole leasehold racket 29.02.2012 Today the LVT published its decision for HML Andertons to continue as their Tribunal appointed managing agent at Charter Quay, Kingston, until the end of 2014. In their findings the Tribunal made very strong criticisms of their Tchenguiz […]

Chainbow merges block management business with Trinity

You read it here first.  This Property Week article by David Doyle was published on the 27th January. Chainbow has merged its block management business with Trinity (Estates) Property Management to form Trinity Chainbow – an enlarged block management business servicing around 40,000 home-owners. At the same time Southam will realign the remaining Chainbow business […]

‘Sub-letting fees aren’t fair, and I’m not paying’

A fanfare of trumpets for Joanna Worth, 49, who is making a stand against exit fees. Joanna is defying Peverel, which is demanding one per cent of the capital value of her flat in Beckenham, Kent, because she has sub-let it out to a pensioner. So far she has received three communications from Peverel, including […]

Exit fees: second response to Campaign against retirement leasehold exploitation from the OFT

  Anyone having to pay stealth charge exit fees on selling – or letting – their retirement flat may wonder whether John Fingleton, chief executive of the Office of Fair Trading, is worth his £279,999 salary. The OFT has been written off as toothless several times. It obviously just hoped the retirement flat issue would […]

February news archive

As there is so much news to share, we are now publishing it as separate articles. Click on the read more links for the full stories 17.3.12 – Enfranchisement or buying your freehold News on the Block published a whole section on this topic in issue 58, plus various articles on service charges.  We will […]

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