Rendall and Rittner ‘confident’ to prevent another Simon Van Houten fraudster

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Managing agents Rendall and Rittner has “initiated a series of internal and external reviews of our systems and procedures” following the jailing last month of its employee Simon Van Houten, 31, for stealing £122,000 of leaseholder’s funds. Richard Daver, the managing director of the company, is quoted in today’s Property Week, as saying the company […]

‘Legal torture’ pensioners settle for £68,500 … but two of the original leasehold applicants have since died

The landlords' lawyers repeatedly delayed the LVT case of the pensioners at Oakland Court, which was criticised as "legal torture" in the Commons

Leasehold residents at the Oakland Court retirement development in Worthing today accepted a £68,500 settlement of their dispute with their landlord over the notional rent of the house warden’s flat. Sadly, two of the original applicants have died and three have moved to full-time nursing care since the application to the LVT was made in […]

Welsh government to investigate leasehold abuses

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The CentreForum report into leasehold, A new lease of life: Reforming leasehold for the 21st century, has prompted  a reaction in the only other country in the world apart from England that has this flawed form of property tenure: Wales. A report has appeared on Walesonline and a Welsh Government spokesman said: “We share many […]

Dispatches reveals the cheating that lies at the heart of leasehold

The long awaited Dispatches documentary last night, Property Nightmare: The Truth About Leasehold, was an excellent and welcome overview on the issues facing leaseholders. The best part of it was the report on the plight of those leaseholders who have bought ex-local authority properties but where the block is still run by the council. Profligate, […]

The Guardian takes up issue of leasehold

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The Guardian is the latest media group to write about leasehold today, with an online article by Patrick Collinson, the personal finance editor. Collinson, who has written on leasehold issues several times in the past, says The Dispatches documentary tonight will feature the case of Rona Buretto, who bought her one-bed flat in Hounslow, London, […]

CentreForum think tank urges £2 per flat owner to regulate leasehold

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The leasehold sector “is not fit for purpose” and requires immediate regulation that could be paid for by a charge of £2 per leaseholder, according to the CentreForum report published today. An independent regulator – that is, not one originating from the compromised existing trade bodies in the sector – would ensure all managing agents […]

‘Some of the worst spivs in property are in leasehold,’ LKP tells The Times

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Ahead of tonight’s Channel Four Dispatches documentary on leasehold, ‘Property Nightmare: The Truth About Leasehold’ (C4 8pm), The Times today quotes Sebastian O’Kelly, of the Leasehold Knowledge Partnership, saying that there is “industry-wide fiddling” in the sector. “Leasehold gives some of the worst spivs in property the opportunity to make money by making the lives […]

FT also carries report on leasehold today

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Ahead of tonight’s Dispatches programme on Channel Four (8pm) and the CentreForum think tank report on leasehold, the Financial Times carried a report on leasehold. It can be read on the FT website here, although you must log in.

Radio Four Today programme highlights leaseholder “rip-offs”

“There are clear instances of leaseholders being ripped off,” Chris Paterson, the author of the CentreForum report into leasehold, told Radio Four’s Today programme this morning. Interviewed by Justin Webb about the report, Paterson claimed that LVT complaints by leaseholders had increased four fold over the past ten years. There is unanimity for greater regulation […]

Countdown to a media storm over leasehold

Tomorrow (Monday August 20) sees the Dispatches documentary on Channel Four and the release of an influential report on leasehold by the liberal think tank CentreForum. There will be an article on the subject in The Times by property writer Deirdre Hipwell. But first off is an excellent polemic in today’s Independent on Sunday by […]

Oh, and why does Shapps want to regulate park homes and not leasehold, even though the issues are so similar?

Grant Shapps feels protective towards park home residents, but not leaseholders

Housing Minister Grant Shapps is alone in resisting leasehold regulation saying it will add to costs and landlords don’t want it … even though the British Property Federation, which represents the country’s largest landlords, has assured LKP that it favours the move. But why – for the sake of consistency – does this minister feel […]

Grant Shapps and Siobhan McGrath face TV cameras today

An exchange of letters between Grant Shapps and Kenneth Clark are the clearest insight to date of the Housing Minister's thoughts on leasehold reform

Today both Housing Minister Grant Shapps and Siobhan McGrath, the senior barrister who presides over the Leasehold Valuation Tribunal system, face the cameras as part of the Channel Four Dispatches documentary into leasehold. The programme will be shown on August  20. A second Dispatches programme on retirement leasehold is also nearing completition, although it has […]

What is LKP?

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The Leasehold Knowledge Partnership exists to protect ordinary leaseholders from being fleeced by landlords and their agents. They exploit the many opportunities offered by this flawed form of property tenure. The LKP seeks to identify and accredit property managing agents who sign up to open accounting and straight dealing. They charge a clear fee for property […]

Grant Thornton had ‘direct interest’ in the Tchenguiz arrests, which should have been revealed

Vincent Tchenguiz at court, with his support team

Accountants Grant Thornton “had direct interest” in the arrest of Vincent and Robert Tchenguiz in March 2011 which should have been known about beforehand. This conclusion has been overlooked in the media coverage of yesterday’s High Court ruling into the debacle of the Serious Fraud Squad’s handling of the investigation. The judicial review into the […]