… 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 […]
Meet your freeholder, poised to ‘butcher’ his enemies
July 1, 2013 By
Here’s a rare chance for Campaign against retirement leasehold exploitation visitors to see their freeholder Vincent Tchenguiz speak courtesy of Bloomberg … Things might seem tough for Vincent Tchenguiz right now, with Lloyds Bank poised to pitch a fifth of his freehold portfolio into administration (subject to a court hearing this week). Plus there’s his […]
OFT does deal with Tchenguiz to cut sub-letting fees to £85 at retirement developments – but exit fees on sale still stand
September 6, 2012 By
OFT website outlining the agreement is here http://www.oft.gov.uk/news-and-updates/press/2012/77-12 The Office of Fair Trading (OFT) has secured undertakings from Fairhold Homes Ltd and associated companies (Fairhold) owned by the Tchenguiz Family Trust to change how they charge and enforce transfer fee terms in their 53,000 retirement home leases. The OFT has been investigating exit fees, which are […]
