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
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
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
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
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
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 […]
£750,000 lost in SmartSource Water scandal
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 […]
Campaign against retirement leasehold exploitation veteran wins another £5,000 off Tchenguiz
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.
The Peverel / Cirrus price-fixing story so far:
The Peverel / Cirrus price-fixing story so far: – 2005 to 2009 Peverel cheats pensioners at 65 site by installing Cirrus equipment through bogus tendering – Campaign against retirement leasehold exploitation alerts police, SFO and OFT, and The Times publishes article on December 4 2009 – But Office of Fair Trading gives Peverel “leniency” for […]
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 […]