THE REASONS WHY …

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ARMAdownLKP

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 fall-off could be far higher.Although the more rigorous ARMA-Q regime, which was three years in preparation, came into force on January 1, ARMA has repeatedly refused to … [Read More...]

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Tchenguiz’s compo claim ‘liberally interspersed with assertions of fraud, falsity, dishonesty …’, says judge

(Sounds like an email to Carlex / LKP from an aggrieved leaseholder …) Vincent Tchenguiz’s £2.2 billion legal action against accountants Grant Thornton has suffered a set-back as his documentation was described by a judge as “too long and failed to make clear the facts of the case”.Tchenguiz wants compo from Grant Thornton which he believes was responsible for his arrest, with his brother Robert, in February 2011 by the Serious Fraud Office.This was based on incorrect evidence, which … [Read More...]

WimpoleStLKP

Watch out! There’s a lease running out

Pensioner Michael Hollands was appalled to discover the expense and difficulty involved in extending a lease in a retirement site There is one culprit in this unsatisfactory leasehold system that can end up being a big cost to leaseholders, particularly those who reside in retirement complexes: an even bigger cost than inflated management charges or exit fees.That is the cost of a lease running out and the need to extend it extending a lease. Something I have found that the majority never … [Read More...]

LEASEwebpage

Re-energised LEASE holds annual conference

A re-energised and confident Leasehold Advisory Service held its LEASE annual conference 2015 in central London last Wednesday.It was a gathering of some of the brightest – perhaps most socially engaged – of the players in the professional leasehold world: lawyers, surveyors, property tribunal judges, property managers.For the third time – and it was a shameful omission before –leaseholders were allowed in for a “free” evening session. At last, they seem to be considered an important … [Read More...]

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Benjamin Mire fails to block RICS disciplinary investigation in the high court

… and he has suffered “anguish, apprehension and £3 million in losses” since being removed from his judicial appointment at the property tribunal. And there's the "impact on his human rights" Property manager Benjamin Mire (left) yesterday failed in the high court to block RICS from conducting a disciplinary investigation into his conduct.Mr Mire, a chartered surveyor and the CEO of Trust Property Management of Colindale, north London, was seeking a judicial review into a decision by RICS … [Read More...]

JanetWhistleLKPgone

Janet Entwistle stands down at Peverel …

... aka Knight Square and FirstPort UPDATE: Feb 6 2015: The initial headline on this article, "Janet Entwistle is given the push at Peverel" was factually inaccurate, we are informed.The following statement to LKP / Carlex has been received this afternoon: Janet Entwistle to stand down as CEO of Knight SquareFollowing the successful launch of FirstPort and Appello, and the separation of these businesses, Janet Entwistle will be standing down as Chief Executive Officer of Knight Square … [Read More...]

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Will ARMA-Q bring change?

CountrywidereprievedLKP

Now we are told Countrywide is STILL an ARMA member … well, until February 1

Staff working overtime to process applications “to take our members on a journey …” LKP / Carlex has received a statement at 11.14am today from ARMA addressing its peculiar manner of announcing the membership of ARMA-Q. Previously, we were informed that any company that had not applied to the more rigorous ARMA-Q regime by January […]

ARMA-Q members to be revealed next month

Has Peverel / FirstPort made the cut to join ARMA’s ethically enhanced membership scheme? Or Countrywide? We won’t know until next month, unless the companies themselves indicate that they are accredited – as is the case with the LKP member HML Holdings plc.

ARMAtwittersLKP

ARMA membership … Find out on Twitter!

In piecemeal fashion, ARMA is announcing companies that have signed-up to the new regulatory regime ARMA-Q on Twitter. These are the new criteria for membership of the trade body. The decision marks an abrupt reversal of a decision last week by Michelle Banks, the CEO, to announce the accredited companies in February once all applications […]

StuffaleaseholderSlider

Stuff a leaseholder and win an iPad! The unpromising debut of ARMA-Q

Tomorrow, May 15, ARMA-Q gets a formal unveiling at the House of Lords and the corporates of the property management world will herald this as a new dawn. In fact, ARMA-Q was unveiled at the organisation’s annual conference last September, and that signified less bright “new dawn” than “same old racket”. One of the sponsors […]

KeithHillSlider

ARMA-Q solves ARMA’s problems, not those of leasehold

ARMA-Q, the scheme to give ethical credibility to the Association of Residential Managing Agents, was given the blessing of the government and the leasehold establishment yesterday with a House of Lords launch. Already the new ARMA-Q regulator Keith Hill (above), a former New Labour housing minister, has six cases of complaint to deal with “which […]

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Packed Westminster meeting for leasehold reform

Seventy key figures in the leasehold sector – including some battle-scarred leaseholders – attended a packed Westminster briefing yesterday to hear how leasehold could be reformed. The meeting was hosted by MPs Sir Peter Bottomley and Jim Fitzpatrick, and chaired by Martin Boyd, of LKP / Carlex. It included presentations from Phillip Rainey, QC, of […]

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LKP at Number 10

LKP / Carlex were invited to 10 Downing Street for a meeting yesterday to discuss the leasehold sector and the need for reform. Every area of the sector was discussed – including, at length, retirement housing – at a meeting that was held at the request of Sir Peter Bottomley, who was accompanied by Sebastian O’Kelly […]

BrandonLewis

Roger Southam should not be LEASE chair, leaseholder tells housing minister

A leaseholder in north London today has written to Housing Minister Brandon Lewis saying that the appointment of Roger Southam as chairman of LEASE creates a “serious conflict of interest”. Agnes Kory, who copied her email in to MPs Glenda Jackson MP and Sir Peter Bottomley, as well as the Leasehold Knowledge Partnership, lives at […]

CountrywideLKP2

Countrywide Estate Management is OUT of ARMA

Countrywide Estate Management, second only to Peverel / FirstPort in terms of size, did not apply to join ARMA-Q before the January 1 deadline and is therefore no longer a member of the trade body. ARMA itself had repeatedly declined to clarify the status of Countrywide, which last month was dumped by Bovis Homes at […]

LEASEconferenceLKP

London LEASE conference on February 4

The annual conference of the Leasehold Advisory Service takes place on February 4. The free evening conference for leaseholders takes place from 18.15 and the venue is: etc venues, 200 Aldersgate, St. Paul’s, London EC1A 4HD Those wishing to attend need to pre-register here LEASE says: “This conference aims to inform, educate and offer support […]

RogerSouthamLKP

Interview with LEASE chairman Roger Southam

LKP / Carlex welcomes the appointment of Roger Southam, a successful block managing agent, as chairman of the Leasehold Advisory Service. Changes have long been required at the quango, and at least we can now have dialogue with someone who has publicly and repeatedly acknowledged that there are defects in the sector. Roger has spoken […]

KeithHillLKP

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.

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