August 21, 2025

Guardian report pours scorn on OFT price-fixing investigation – and Peverel’s contemptible £100,000 ‘goodwill’ offer

Yesterday the Guardian published a devastating report of the Peverel / Cirrus price-fixing scandal. It poured scorn on Peverel for systematically cheating residents of retirement leasehold, on the Office of Fair Trading for its scandalous feeble report and being suckered into granting Peverel leniency. It also rightly derided Peverel’s £100,000 offer of a “goodwill gesture” […]

Three MPs tell Entwistle to pay up more over Peverel / Cirrus scandal, or accept binding mediation

Janet Entwistle, the chief executive of Peverel, was this afternoon sent a open letter from Sir Peter Bottomley demanding higher compensation to sites cheated in the Cirrus cartel, or to accept independent binding mediation. The letter is backed by Ed Davey, Energy Secretary and LibDem MP for Surbiton and Kingston, and Jim Fitzpatrick, MP for […]

Guardian examines the Peverel / Cirrus price-fixing scandal tomorrow

The Guardian is publishing a major report into the Peverel / Cirrus price-fixing scandal in tomorrow’s newspaper. It is written by Patrick Collinson, the personal finance editor, and will appear on the front cover of the stand-alone Money section. It is understood that the report gives the background to the sham tendering that Peverel engaged […]

Peverel should pay back £700,000 over price-fixing not £100,000, says Campaign against retirement leasehold exploitation whistleblower

FULL LIST OF PEVEREL / CIRRUS SCAM SITE One of the Campaign against retirement leasehold exploitation whistleblowers who reported the Peverel / Cirrus price-fixing scam says Peverel should be paying at least £700,000 to the sites affected. Peverel’s offer to make a “goodwill payment” of 10 per cent of the cost of sham tenders to […]

Anyone at these sites involved in the Peverel / Cirrus price-fixing scam, please contact Campaign against retirement leasehold exploitation

Here is the list of all the sites involved in the OFT investigation into Peverel’s price-fixing cartel. Can any residents at these sites please contact me as soon as possible. Thanks, Sebastian sok@leaseholdknowledge.com 07808 328 230   Abbey Court, Priestpopple, Hexham, Northumberland, NE46 1RN Fire system April – June 2009 CCSL and Owens

Peverel cheated pensioners in £1.4 million tenders at 65 sites, says OFT

… now ALL sites should exercise right to manage and be rid of them … ‘the system is rotten’ to have allowed Peverel / Cirrus to get off, says Bottomley   UPDATE: Guardian reports OFT / Peverel / Cirrus scandal UPDATE: BBC reports Peverel / Cirrus price-fixing scandal The Peverel / Cirrus price-fixing scandal was […]

Pravda alive and well on the websites of LEASE, ARMA and Peverel … who ALL support the OFT inquiry into leasehold

Not since the Soviet Union went out of business have we seen such clottish attempts to spin a positive line. It started with our old friends at the Leasehold Advisory Service deciding that the key point in Sir Peter Bottomley’s speech to leaseholders in London on November 12 was a passing polite reference to … […]

Freeholder’s barrister Justin Bates named in Parliament. And Benjamin Mire. And Tchenguiz. And Yianis. And Israel Moskovitz …

… Labour MP Jim Fitzpatrick and Sir Peter Bottomley put the boot in to leasehold profiteers! Two senior MPs from opposite political parties yesterday delivered hard-hitting speeches in Parliament that highlighted the scandals in leasehold. And in a sign of the rising political temperature concerning these issues, neither hesitated to name names. Jim Fitzpatrick, the […]

Campaign against retirement leasehold exploitation / LKP gets full investigation into leasehold management by the Office of Fair Trading

The Office of Fair Trading today announced a full investigation into leasehold in England and Wales. The announcement has been prompted by the campaigning of the Leasehold Knowledge Partnership (www.leaseholdknowledge.com) and its sister website Campaign against retirement leasehold exploitation (www.betterretirementhousing.com), the Campaign Against Retirement Leasehold Exploitation. In September LKP / Campaign against retirement leasehold exploitation […]

OFT will report on the Peverel / Cirrus price-fixing scandal on Friday

The long awaited Office of Fair Trading investigation into the Peverel / Cirrus price-fixing scandal concludes on Friday at 11am. Click above or here for OFT website. But there will be a delay in publishing the Infringement Decision – if there is one. “If the final outcome in this investigation is an Infringement Decision, we […]

Peverel / Cirrus price-fixing report expected next month, OFT tells Campaign against retirement leasehold exploitation reader

Michael Hollands, a Campaign against retirement leasehold exploitation reader who comments frequently on the site, has been informed by the Office of Fair Trading that its long-awaited infringement decision over the Peverel / Cirrus price-fixing scandal will be published in December. “We are very nearly ready to make an announcement and anticipate the additional delay […]

Crisis in retirement housing is all down to planners, says ARCO (not greedy operators drawing up sneaky revenue-earning leases or management companies on the fiddle)

Here we go again! The apologists for property developers are blaming planners again – this time for the crisis in retirement housing. Something called Associated Retirement Community Operators (ARCO), which represents retirement village operators such as Anchor, Hanover, Retirement Villages etc, says the current provision of specialist retirement housing is “woefully inadequate”.