Campaign against retirement leasehold exploitation supporter Brenda Banks was so indignant that Baroness Greengross, who is president of the trade body the Association of Retirement Housing Managers, dismissed complainers in retirement developments as “barrack-room lawyers” with too much time on their hands that she wrote to complain. Baroness Greengross Today, Greengross has replied saying: “I […]
Buy freeholds to stay rich, says Sunday Times
Depressing news for anyone living in a leasehold flat: buying up freeholds is one of the best ways the rich can increase their wealth, according to the Sunday Times. One fund rose 5.8 per cent last year. This means freeholds are an attractive alternative to artworks or stamps, although London parking spaces have shown a […]
Wolverhampton flood victims win £16,000 at LVT … and are coming back again for £40,000 more
Celebrations at Market Square, Wolverhampton More than 100 residents at Wolverhampton city centre’s premier housing development were today(mon) celebrating victory in a battle with the landlord over a £16,000 repair bill – and are now planning to go back into action over a further £40,000 dispute. A tribunal has ruled that people living at seven-storey, […]
“I’m not saying everything everybody did was wonderful — it wasn’t,” says Janet Entwistle of Peverel
Below is an interview in Property Week with Janet Entwistle, the new chief executive of Peverel. It was originally headlined: New chief plans to put Peverel’s problems in past 20 April 2012 | By Emma Haslett Private equity owners hope Entwistle will combat Tchenguiz effect. Emma Haslett reports Janet Entwistle, newly appointed chief executive of […]
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. […]
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 […]