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
October 13, 2014 By
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
October 13, 2014 By
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
October 11, 2014 By
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 […]
There she blows! Good Admiral Entwistle is heading for FirstPort … but is Capt’n Barbossa still aboard?
October 11, 2014 By
By Martin Boyd Last Friday Campaign against retirement leasehold exploitation formally met with Peverel CEO Janet Entwistle at the Houses of Parliament. This time in addition to Sir Peter Bottomley the Labour MP for Poplar and Limehouse, Jim Fitzpatrick, was able to join the meeting with LKP/Campaign against retirement leasehold exploitation representatives Sebastian O’Kelly and […]
Elim Court fails to win epic right to manage on appeal
October 11, 2014 By
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
October 10, 2014 By
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 […]
‘Curtains for exit and sublet fees’ by Law Commission … but not until March 2017
September 24, 2014 By
Leasehold exit and sublet fees have been referred to the Law Commission, which will almost certainly be the end of them. This means anyone selling or renting out a retirement or non-retirement flat should keep all documentation with a view to making a claim in two and half years time.
AgeUK: Retirement leasehold IS NOT WORKING and needs urgent reform
September 24, 2014 By
– Self-regulation (by ARHM, ARMA, RICS) has failed – Leasehold tenure itself disempowers residents and makes them vulnerable – Commonhold should be explored – Right to manage needs to be made easier for the elderly – LEASE’s ‘problematic’ role serving all sides in leasehold – CMA’s skimpy Ipsos MORI poll ‘should not be used as the basis […]
Hanover: 21 house manager flats sold ‘after taking advice’
September 22, 2014 By
The Hanover housing association has no set procedure for selling off house manager flats at its 104 retirement sites. It has already sold 21 flats – more here. As leases vary, each site is assessed individually and advice is obtained, Hanover has told Campaign against retirement leasehold exploitation in a statement: “There is some variation […]
FirstPort – which was Peverel last week – makes debut in Private Eye
September 18, 2014 By
The satirical magazine Private Eye has featured Peverel’s name-change to FirstPort today. Referring to previous reports on Peverel as see “Eyes passim ad nauseam” it treats readers to a resume of Peverel’s recent unfortunate history. “FirstPort may turn out to be LastResort for the troubled management company,” is the pessimistic conclusion.
Campaign against retirement leasehold exploitation submission to CMA leasehold inquiry
September 18, 2014 By
Why did the CMA study take place? The CMA study into residential management services partly originated in the public criticism expressed over the Office of Fair Trading investigation into the Peverel / Cirrus collusive tendering scandal. Owing to the prime minister’s response to a direct appeal by Campaign against retirement leasehold exploitation, this resulted in […]
