January 18, 2022

London Assembly damns property management racket

A London Assembly report into leasehold service charges published today is a devastating attack on the Tchenguiz/Peverel stealth charge business model and it urges the property industry to clean up its act. Referring to “opaque” service charges regimes at numerous London developments, the report can also be read as veiled criticism of Housing Minister Grant […]

London Assembly prepares evidence for leasehold report

The London Assembly report into the woes of leaseholders is shaping up to create a rift with central government, and particularly Housing Minister Grant Schapps. The Assembly is still gathering evidence, but what it has accumulated so far is pretty damning. With more than 90 written detailed written submissions there has never been such a […]