April 20, 2024

The Independent covers Cirrus and other leasehold scandals

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 […]

Guardian covers more fall out from Peverel’s price-fixing scam with Cirrus Communications

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

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 […]

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” […]

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 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 […]

Private Eye covers the Peverel price-fixing scandal

Today’s issue of the satirical magazine Private Eye carries a report on the Peverel / Cirrus price fixing scandal, which is the subject of an Office of Fair Trading investigation. Peverel is co-operating with the inquiry and has been granted “leniency” from court action as a result. The OFT says Peverel turned itself in in […]

Campaign against retirement leasehold exploitation interview with BBC raises Peverel price-fixing scandal and AgeUK logos

BBC Radio Bristol reported yesterday on pensioners stuck for five weeks inside Peverel-managed Ferndown Grange owing to a broken lift. The interview also reported wider issues concerning leasehold retirement by interviewing Sebastian O’Kelly, Campaign against retirement leasehold exploitation chairman. Last Friday’s decision by AgeUK to remove its logos from the Peverel Retirement website was reported, […]

Sunday Times reports residents raise £2 million to rescue Crystal Fountain retirement site

The Sunday Times today reports an inspiring story of residents at Crystal Fountain Village in Nailsworth, Gloucestershire, saving their homes and taking control of the site. The residents, headed by Peter Wilson and Betty Young, 72, saw off 22 rival bidders. Each resident had to chip in £30,000 to save the site. The story has […]

Peverel showed no ‘leniency’ for elderly leaseholders, so why should OFT? The Oldie reports price-fixing scandal …

  The alleged Peverel / Cirrus price–fixing scandal has been reported at length in this month’s issue of The Oldie (“a Zimmer frame for the mind”). (Click on image) It repeats Sir Peter Bottomley’s view that Peverel has undertaken “unlawful and probably criminal actions” and he dismisses the Office of Fair Trading’s fiction that Peverel […]

Campaign against retirement leasehold exploitation campaign reported in Mail on Sunday

An excellent article yesterday on the state of Campaign against retirement leasehold exploitation’s campaign and retirement leasehold in the Mail on Sunday. It was written by Richard Dyson and is the second piece by Richard on leasehold in two weeks. It can be read here. Entitled ‘I beat bullying managing agents on excessive charges’: Retirement home owners […]

The Guardian money editor wades into leasehold

The Guardian is the latest media group to write about leasehold today, with an online article by Patrick Collinson, the personal finance editor. Collinson, who has written on leasehold issues several times in the past, says The Dispatches documentary tonight will feature the case of Rona Buretto, who bought her one-bed flat in Hounslow, London, […]