– Only 131 retirement leaseholders quizzed – 17 leaseholders ONLY discussed Property Tribunal – MORI has to correct criticism of LKP leasehold figures (which are accepted by DCLG) – BUT poll does confirm that there is more contentment when leaseholder manage their sites in an RTM or RMC compared with those that are freeholder-controlled Alarm […]
Mounting concern as Hanover has sold 21 house manager flats
September 11, 2014 By
Hanover residents are becoming increasingly concerned that the supposedly not-for-profit housing association is mining value out of their sites by flogging off the house manager flats. Leonard Hackett Court in Bournemouth had its house manager flat sold in June for £105,000, while others report Hanover seeking planning consent to enhance value before putting the properties […]
Peverel rebrand: is something up for sale?
September 9, 2014 By
The new company structure after the Peverel rebrand strongly suggests something is going to be sold. A useful schematic of the existing and future company structures is given here and above:
Any port in a storm … as Peverel changes its name to FirstPort
September 9, 2014 By
In what appears a desperate measure, Peverel is renaming itself FirstPort. In an announcement today all its property services businesses will be rebranded FirstPort, uniting them together under one brand. An expensive logo is doubtless underway, and be prepared for a deluge of queasy photographs of elderly residents in a state of rapture and joy. It […]
Ex-Peverel CEO Nigel Bannister sets up Freemont Property Management
September 8, 2014 By
Former leading executives of Peverel have set up a new company, Freemont Property Management. Headed by former Peverel CEO Nigel Bannister and former head of Peverel Retirement Keith Edgar, the company is registered to an office in Lymington in Hampshire. It has already secured the management of the large Aqua site on the waterfront in Poole, Dorset.
London and Quadrant resident seeks contact with others
September 8, 2014 By
This today to Campaign against retirement leasehold exploitation: My partner and I live in a block managed by L & Q (London and Quadrant). We are concerned that our management service costs are escalating at a rate far beyond inflation each year. Concerns raised by the residents here are very, very slow to be […]
Janet Entwistle says no staff ‘involved directly’ in Cirrus scam – or even ‘linked’ – are still employed
September 8, 2014 By
Janet Entwistle, the Peverel CEO, assured Campaign against retirement leasehold exploitation earlier this year that no one involved directly in the Cirrus price-fixing scam – or even “linked” – was still employed by the company. Janet Entwistle’s was speaking at a meeting with Campaign against retirement leasehold exploitation / LKP at the Commons on February […]
Private Eye reports Peverel re-employing Cirrus stooge Glyn Jackson
September 3, 2014 By
Private Eye today reports the Campaign against retirement leasehold exploitation story of OFT price-fixing cheat Glyn Jackson being re-employed at a Peverel site. Jackson, whose company went into liquidation and so avoided an OFT fine of £35,700, is back at work at the Adelphi site in Harrogate, which is managed by Peverel. He won’t be […]
AgeUK echoes Campaign against retirement leasehold exploitation’s concerns over retirement housing
September 3, 2014 By
The Campaign against retirement leasehold exploitation agenda for reform of retirement housing has been given a ringing endorsement by a report published today by AgeUK. The report, Housing in Later Life, arrives just as the Competition and Markets Authority appears to be manoeuvring to downplay concerns in retirement in its leasehold sector inquiry.
Peverel / Cirrus price-fixing stooge says sorry
September 2, 2014 By
The owner of one of the three stooge companies that helped Peverel’s subsidiary Cirrus wrongly win lucrative contracts at retirement sites deeply regrets his involvement in the scam. Jeremy Owen, 38, of Owens Installations, says he got caught up in the Cirrus scandal because he was young and naïve and wishes he could “turn the […]
Seven months after buying our retirement flat, we have put it up for sale
September 1, 2014 By
– Couple deeply regret hasty decision – Why did they not RENT instead? – Churchill satisfied with sales procedures A couple who bought a one-bedroom retirement flat deeply regret making the hasty decision and were desperate to sell up – only seven months later. Evelyn Matthews, 78, and her husband Stan, 94, bought the one-bedroom […]
£750,000 lost in SmartSource Water scandal
August 29, 2014 By
Following up the Campaign against retirement leasehold exploitation story of Hanover losing £500,000 over the SmartSource Water scandal, it now emerges that Housing 21 lost £250,000. Inside Housing, the newspaper for social housing providers, says SmartSource Water was like a “pyramid scheme” which has left several housing associations among creditors facing millions of pounds of […]
