Battle-scared Campaign against retirement leasehold exploitation veteran Norman Greed has pulled off another coup for residents at Eddington Court: a £5,000 repayment on insurance commissions from the Tchenguiz Family Trust. In June Mr Greed, a director of the Eddington Court RTM claimed £10,000 on past insurance commissions to Kingsborough and Oval.
Campaign against retirement leasehold exploitation veteran wins another £5,000 off Tchenguiz
McCarthy and Stone reform sublet fees after discussions with Campaign against retirement leasehold exploitation
Following discussions with Campaign against retirement leasehold exploitation, McCarthy and Stone is dropping the one per cent contingency fund contribution that has to be paid every time a flat is rented out. It is replacing the sublet fees, which are a percentage of either the purchase price or market value of a flat, with a one-off […]
Why was a new lease issued to Peverel on a house manager’s flat, when the residents’ leases say this should not be done?
The issue of the ownership of the house manager’s flat at Mere Court, Knutsford, has again been raised, this time with the Land Registry. Alex Ellison, whose mother lives at the site, wrote explaining that all the leases at Mere Court (registered under the freehold title of CH261040) were created 20 years ago. In all […]
DCLG leasehold team issue raft of improvements
Retirement exit fees may get the chop, at last! The new DCLG leasehold team, with whom Campaign against retirement leasehold exploitation / LKP has been working closely, yesterday announced a range of measures in addition to “Florrie’s Law” (see LKP) and acceptance that the residential leasehold sector is far larger than was previously thought. They […]
Leasehold sector is 63% larger than anyone thought, says DCLG – accepting LKP figures
Following consideration of LKP data, the government has today accepted that that the leasehold sector is far larger than was thought: there are 4.1 million leasehold properties in the private sector in England. This is a 63 per cent increase on previous estimates of 2.5 million.
Hanover housing association faces mutiny at Leonard Hackett Court
– House manager’s flat sold for £105,000, with £15,000 paid into reserve fund – Unexplained ‘goodwill payments’ over management disputes – Hanover addresses disastrous £500,000 loss in Smartsource Water – Former executives say ‘it wasn’t our fault’ – Grumbling over exclusive Hurlingham Club beano for Hanover staff Residents at Leonard Hackett Court, in Bournemouth, […]
Competition and Markets Authority issues update on leasehold study
… But it wants further feedback, so let them have it! … Oh, and you are all happier than those in non-retirement flats! The Competition and Markets Authority (CMA) has today issued an update on its market study (see below) into the provision of residential property management services in England and Wales. LKP / Campaign […]
ARHM’s pathetic response to the Peverel / Cirrus scandal
… while “under review”, Cirrus sponsors the ARHM summer conference and is doled out generous contracts In the club: Richard Wheeldon, ARHM vice chair, part of the Cirrus review team and an executive of Housing and Care 21 housing association. It handed out a bumper contract to Cirrus in February, two months after the OFT […]
Nine months late, the ARHM makes ruling on Cirrus scandal …
… and accepts Peverel’s assurance it REALLY won’t happen again ARHM STATEMENT INTO PEVEREL PRICE FIXING / COLLUSION FOLLOWING INVESTIGATION BY FORMER OFT. Starts The ARHM Audit and Regulation Committee has been working with Peverel to review the outcome of the OFT investigation into collusive tendering in relation to the supply and installation of certain […]