March 28, 2024

Metcalfe Court: how a retirement site has benefited from RTM (including 20% savings compared with FirstPort)

The road to RTM After an embittered struggle with the Tchenguiz organisation – which also saw the involvement of two MPs – Metcalfe Court, in Romiley, in Cheshire, broke free and took over its right to manage last February. Below the RTM directors write to Campaign against retirement leasehold exploitation / LKP to share their […]

Metcalfe Court: how a retirement site has benefited from RTM (including 20% savings compared with FirstPort)

The road to RTM After an embittered struggle with the Tchenguiz organisation – which also saw the involvement of two MPs – Metcalfe Court, in Romiley, in Cheshire, broke free and took over its right to manage last February. Below the RTM directors write to Campaign against retirement leasehold exploitation / LKP to share their […]

Jones Associates takes over Oakford Court

Jones Associates, of Macclesfield, fresh from a right to manage marathon with Tchenguiz / Peverel, have taken over the management at Oakford Court, in Glossop. The 27-flat retirement site was managed by Peverel after it was built, and then by a small, private company. Residents felt the site had suffered and wanted a change.

Metcalfe Court overcomes 11th-hour frustrations to break free of Tchenguiz and Peverel

The long-running saga for right to manage at Metcalfe Court, in Romiley in Cheshire, has at last come to an end and the pensioner residents are now rid of the Tchenguiz-appointed Peverel / FirstPort management. On February 20, the management of the site passed to family-run Macclesfield firm Jones Associates, which is accredited to the […]

Metcalfe Court breaks free from Peverel with right to manage success

Metcalfe Court, a retirement site in Romiley in Cheshire is the latest Peverel managed retirement site to win right to manage. Yesterday the Tchenguiz Family Trust withdrew its counter-notices to the RTM notifications which means the RTM will take over management of the block on February 20 next year. The result vindicates the efforts of […]

McCarthy and Stone float: before we expand retirement housing, here are a few urgent reforms …

COMMENT So the sharper end of the City reckons its punt on retirement housing may pay off next year. The Sunday Times article on the possible float of McCarthy and Stone was preceded by one in the FT, here According to the FT a number of investment banks have been in contact with McCarthy and […]

Mere Court residents should vote as they wish, but tell Peverel it cannot sell the house manager’s flat until its ownership is clear

… the area manager was telling residents the flat was ‘part of estate’ only three months ago Mere Court residents have been given until August 19 by Peverel to vote on whether they want a live-in house manager. If they don’t, the flat will be sold. They should vote as they wish and according to […]

MP tells Metcalfe Court it has won ballot to end live-in house manager

The residents’ association at Metcalfe Court, in Romiley, Cheshire, has won its protracted and acrimonious struggle to end having a live-in house manager. The count of the vote was supervised in the London offices of freeholder Fairhold by local LibDem MP Andrew Stunell (left). Fairhold is a freehold owning company of the Tchenguiz Family Trust, […]

Metcalfe Court: Residents laugh at Fairhold “bullying” accusations

UPDATE: Fairhold ballot papers came with franked addressed envelopes dated May 23, but it is now an open question whether all the replies will be received. In a farcical turn of events, one resident went to the post office today to post her vote by registered post and was told that the franked envelop was […]

Fairhold holds secret ballot over in-house manager at ‘bullying’ retirement complex

Residents at a retirement development in Cheshire are in the midst of carrying out a second – secret – ballot over whether they wish to have a live-in house manager re-appointed. The vote has been insisted upon by freehold-owner Fairhold, part of the Tchenguiz Family Trust, even though the residents at Metcalfe Court, in Romiley, […]