September 21, 2018

Sebastian O’Kelly addresses the retirement property managers. Were you lynched? No, they agreed: leasehold ‘granny flats’ have no future

Not a single voice was uttered in favour of the leasehold volume retirement flat model at the annual conference of the Association of Retirement Housing Managers. The keynote speaker was Sebastian O’Kelly, joint trustee of LKP and director of BetterRetirementHousing.com, who said: “The era of knocking out “granny flats”, loading the leases with sneaky fees […]

BBC One Show warnings over retirement housing’s ‘sting in the tail’

The BBC One Show on prime time telly featured retirement housing earlier this week (November 22). It can be viewed here at 2.09 minutes The presenters warned that retirement housing can come with a “financial sting in the tail that can hit families at the worst possible time”. Sebastian O’Kelly, of Campaign against retirement leasehold […]

No more think tank ‘research’ into retirement housing paid for by housebuilders, please

The Westminster roundtable heard yesterday that think tank ‘research’ paid for by housebuilders or their trade bodies routinely avoided all reference to problems in the retirement housing sector. The event was organised by Campaign against retirement leasehold exploitation / LKP, and hosted by the charity’s MP patrons Jim Fitzpatrick and Sir Peter Bottomley, and was […]

Regulator to rule on whether scandal-hit Peverel / FirstPort Retirement is fit to be a member of ARMA

FirstPort Retirement, formerly Peverel, should not be admitted to ARMA because it has an unaccounted-for portfolio of house managers’ flats and has a track record of misleading residents when trying to sell them. These were the arguments put on Monday to Keith Hill, a former New Labour housing minister, who is the regulator of ARMA […]

Campaign against retirement leasehold exploitation is right to ‘expose outrageous behaviour of cowboys’, says Law Commissioner Stephen Lewis

Campaign against retirement leasehold exploitation has been right to expose “expose the outrageous behaviour of cowboys” in the retirement housing sector, the Law Commissioner Stephen Lewis told MPs and key leasehold figures at Westminster. The Law Commissioner, who is presiding over an inquiry into leasehold “event fees” (triggered by events such as sale or subletting), […]

We save money living at Woodchester Valley Village … but then we do all own it ourselves

When his retirement village outside Stroud, in Gloucestershire, went bust – with many of the leasehold properties unsold – Peter Wilson and the other residents decided to buy the site off the administrators, raised £2 million and now run the site themselves. The result is Woodchester Valley Village, a mutual ‘not for profit’ retirement village. What the elderly residents […]

20% of ARMA members ‘walk out over new ethical scheme’

… and if ARMA’s Twitter feed is to be believed, two-thirds of the membership has dropped out   At least of a fifth of the membership of ARMA has ditched the trade association that on January 1 brought in more rigorous membership criteria. This is the figure reported by ARMA insiders, although many think the […]

Peverel Retirement up before the ARMA regulator before it can join ARMA-Q

A complaint about Peverel Retirement is being considered by ARMA regulator Keith Hill even before the trade body rules on whether it meets the criteria of ARMA-Q. The complaint comes from Alex Ellison, whose mother lives in Mere Court, in Knutsford, Cheshire. It concerns Peverel’s ownership and disposal of house managers’ flats.

Leaseholder Association Pt 2 (Originally headlined: I don’t like our RTM, but what can I do?)

This article initially addressed this reader’s question (below), but evolved into an extended discussion of the Leaseholder Association again. This was the initiative of the Leaseholder Association itself, with replies from website readers, rather than of Campaign against retirement leasehold exploitation. Hopefully discussion of the Leaseholder Association can now cease until there is something of relevance […]

Three MPs are patrons as Campaign against retirement leasehold exploitation becomes registered charity

Sir Peter Bottomley, the Rt Hon Ed Davey and Jim Fitzpatrick have agreed to be patrons of Campaign against retirement leasehold exploitation / Leasehold Knowledge Partnership, which are now formally a charity and is in the process of obtaining recognition by the Charity Commission. The involvement of the three MPs – one in the Cabinet […]

Janet Entwistle says no staff ‘involved directly’ in Cirrus scam – or even ‘linked’ – are still employed

Janet Entwistle, the Peverel CEO, assured Campaign against retirement leasehold exploitation earlier this year that no one involved directly in the Cirrus price-fixing scam – or even “linked” – was still employed by the company. Janet Entwistle’s was speaking at a meeting with Campaign against retirement leasehold exploitation / LKP at the Commons on February […]

Mail on Sunday today: Campaigners want an end to this endless cheating

The Mail on Sunday has today devoted more than a page of editorial to leasehold issues. The article bluntly outlines the abuses faced by leaseholders at the hand of monetising freeholders and the property managers, surveyors and lawyers who serve them. The article is illustrated with a photo of Emma Reynolds, MP, the Labour shadow […]

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