By Sebastian O’Kelly Advice from the Daily Mail last week on buying a leasehold retirement property: contact Campaign against retirement leasehold exploitation first! Well, at least you will get the downside of this property transaction. Any purchaser must understand – as an experienced property investor put it to me last week – McCarthy and Stone […]
Contact Campaign against retirement leasehold exploitation before buying a leasehold retirement flat, says Daily Mail
January 21, 2014 By
Campaign against retirement leasehold exploitation / LKP plans leasehold meetings around the country
January 20, 2014 By
Following Saturday’s leasehold owner meeting in Epsom, Campaign against retirement leasehold exploitation is prepared to hold meetings around the country. We feel that these are best held at the retirement sites themselves. The point being, that it is those unpersuaded by right to manage or confronting unscrupulous or monetising freeholders and managing agents who most […]
Cut out the nonsense and pay up for Peverel cheating! Cabinet minister tells Janet Entwistle
January 18, 2014 By
‘… On this issue you seem unwilling to listen, learn or improve’ Energy Secretary Ed Davey has today told Peverel chief executive Janet Entwistle to pay a “much larger compensatory offer” for running a price-fixing cartel. In December Peverel subsidiary Cirrus was found to have been running bid-rigging tendering for contracts worth £1.4 million at […]
The Independent covers Cirrus and other leasehold scandals
January 14, 2014 By
Last Saturday, The Independent wrote a wide-ranging report on leasehold issues including the Cirrus scandal and the need for reforms. Headed ‘The secret of how to give your flat a new lease of life … ‘ it was, in fact, a round-up of: the Cirrus scandal, the OFT investigation into leasehold (the scope of which concludes on […]
January 18: Campaign against retirement leasehold exploitation leasehold meeting in Epsom
January 9, 2014 By
Campaign against retirement leasehold exploitation is holding a meeting for retirement leasehold owners on January 18. The meeting will be addressed by Sebastian O’Kelly and Martin Boyd, of Campaign against retirement leasehold exploitation / Leasehold Knowledge Partnership. The issues under discussion will include:
Little warmth in this masonic handshake as Peverel website removes news of winning a new block
January 9, 2014 By
On the day the Office of Fair Trading announced its findings into the Cirrus scandal, Peverel Retirement declared it had won a new client: the Royal Masonic Benevolent Institute. Peverel would be taking over the management of the 13-flat Farnfield Court in Croydon, south London. The beleaguered property management – which has lost all its […]
Cirrus isn’t an ARMA member so we have nothing to say about the price-fixing scandal, says Michelle Banks
January 8, 2014 By
… but you must take it on trust that if those bits of Peverel that ARE members sign up to ARMA-Q these practices will be ‘outlawed’ and ‘speedily detected’ Michelle Banks (right), chief executive of the Association of Residential Managing Agents, has stated that her organisation will do nothing about the Peverel / Cirrus price-fixing […]
Guardian covers more fall out from Peverel’s price-fixing scam with Cirrus Communications
December 23, 2013 By
The Guardian returned to the Peverel price-fixing scam involving Cirrus Communications yesterday. The personal finance editor Patrick Collinson reported Janet Entwistle, Peverel CEO, rejecting calls for compensation. Peverel is insisting on paying only £100,000 as a “goodwill” payment to settle a dispute in which it systematically rigged tender processes in favour of its subsidiary Cirrus […]
Israel Moskovitz ‘unappealing conduct’ reported in The Oldie
December 23, 2013 By
The monthly Oldie magazine has reported the failure of freeholder Israel Moskovitz to frustrate the right to manage application of the residents at Regent Court retirement site in Plymouth. Regent Court won right to manage in February 2012, but has been locked in legal wrangling for another 20 months after Israel Moskovitz repeatedly attempted to […]
Janet Entwistle to Bottomley: no move on £100,000 ‘goodwill’ payment over Cirrus, but she welcomes meeting with MPs and Campaign against retirement leasehold exploitation
December 18, 2013 By
Janet Entwistle, the Peverel chief executive, won’t increase the compensation – Peverel terms it ‘goodwill’ – offered to sites that were likely to have been cheated in the Cirrus price-fixing scandal. Her decision is made in reply to Sir Peter Bottomley – supported by LibDem Cabinet minister Ed Davey and Labour MP Jim Fitzpatrick – […]
National Business Awards will not remove an award to Cirrus Communications in 2009 – even though 15% was for ethics!
December 18, 2013 By
A National Business Award given to Cirrus Communications Systems in 2009 – just before its owner Peverel confessed to the Office of Fair Trading that it was running a price-fixing cartel – will not be removed. The decision has been taken by UBM, the business magazine publisher that runs the awards. “Cirrus Communication Systems was […]
ARMA gave Peverel clean bill of health – just as it admitted Cirrus was cheating pensioners with bogus tenders
December 16, 2013 By
Peverel was given a clean bill of health by an “independent audit” and was boasting of its improved services to ARMA – the Association of Residential Managing Agents – just days after admitting a price-fixing scam to the OFT. On January 4 2010, Peverel managing director Lee Middleburgh – who has since left the company […]
