News archive

Outrageous: Persimmon builds leasehold houses – for the never ending income stream

DailyMailLKP

The Daily Mail today brings to light a scandal of current housebuilding: the building of free-standing leasehold houses. This is in preference to freehold, which is the form of tenure that these houses would normally be. The newspaper highlights London Road in Peterborough where Persimmon is building three bedroom houses and selling them as leasehold […]

RICS sets aside two-day disciplinary hearing for Benjamin Mire

BenjaminMireLKPsmall

Benjamin Mire, who frequently represented his client Lakeside Developments at the property tribunal while also holding a judicial appointment, faces a two-day disciplinary hearing of the Royal Institution of Chartered Surveyors on June 1-2. Mr Mire, whose own firm Trust Property Management is based in Colindale, north London, is to be heard on four formal charges (listed […]

George Osborne’s childhood nanny facing £115,000 bill to council

SundayTimes

Farieda Chandoo, 61, George Osborne’s childhood nanny, is a passionate believer in the right-to-buy – which the Tories want to extend to housing associations – but her experience of owning a flat in a council block has been disastrous. Now her case, reported on LKP in February 2014 here has been reported in the Sunday Times. […]

Bottomley tells BBC he will fight on for leaseholders

BBCRadioSussex

Sir Peter Bottomley, newly re-elected for Worthing West, told the BBC this morning that he will fight as hard as he can for leaseholders who have been ripped off. The interview on Brighton-based BBC Sussex also featured the retirement site Oakland Court where residents won a court case involving £137,000 paid in rent for the […]

DCLG to reform recognised residents association rules

RTALKP

Anyone needing a reminder why recognised residents associations are important needs to recall why this freeholder spent £75,000 for an afternoon in the property tribunal trying to thwart one. A recognised has the power to appoint a surveyor (in fact, au auditor) to go over the books. Now there is a discussion paper out from […]

Freehold sale withdrawn at Discovery Docklands East – once the residents were all set to buy

DiscoveryDocklandsEastLKP

The landlord of Discovery Docklands East, opposite Canary Wharf, has scored a spectacular own goal that has trashed the open market value of his freehold by £600,000 – and landed himself with £30-40,000 in legal costs. The game-playing began when the landlord sought to sell the freehold, but first had to offer it – under […]

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

WoodchesterLKP

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’ village. What the elderly residents have […]

Pier Management issues £120 sublet demand on the dead

Pier Management admits issuing £120 sublet demand before reading the lease at Nightingale House, it is claimed

… Which did not even need to be paid by the living Leasehold reached a new low with Pier Management demanding a subletting fee from a man who is dead. Nor was a sublet fee payable had Mr A Gaffney, of Dublin, been alive. Pier Management admitted it had not read the lease before demanding […]

Three MPs worth voting for if you are a leaseholder

LKPcharity

Carlex / LKP has no political affiliation, and our three MP patrons – Sir Peter Bottomley, Jim Fitzpatrick and Ed Davey – come from the three main political parties. The below explains what they have done for leaseholders: Sir Peter Bottomley (Conservative) represents Worthing West, which has a high number of flats and retirement sites. […]

Should you buy a leasehold retirement flat, asks Telegraph

TelegraphLKP

The Daily Telegraph yesterday published an excellent balancing article to the usual advert-friendly dross that accompanies features on retirement housing. It can be read here. Please do comment on it (and here, of course). Written by Fleet Street veteran Liz Hodgkinson, the article addresses the points raised by Carlex – which every would-be buyer of […]

ARMA ends four-month farce after finally saying who its members are …

MichelleBanks

But don’t feel any obligation to join on our account! ARMA has finally published a list of its full members – more than four months after making the more rigorous ARMA-Q the criteria for membership. Until today, the only clue as to who was a member of ARMA was the stream of congratulations posted on […]

Whistleblowers to Serious Fraud Office ‘wasting their time’

PhillippaWilliamson

Bad news for LKP / Carlex, our MP patrons, and anyone else who cares about the Sisyphean labour of trying to encourage integrity and honesty in our corporate governance. The law firm Pinsent Masons has found that 2,500 whistleblowers approached the Serious Fraud Office, but that only resulted in a dozen investigations, the Times reports […]

Right to manage in chaos after Court of Appeal decision

RaineyBatesUPDATE

UPDATED with analysis of the decision below Right to manage legislation is in chaos following Friday’s Court of Appeal decision to prevent RTM companies from managing more than one building at a site. The decision drives a hole through current RTM legislation and, in LKP’s view, can only be addressed with primary legislation. It means […]

Recognised tenants’ association should be easier to form

recognisedtenantsassociationsLKP

… because they can examine the books LKP / Carlex is very pleased the government has launched a consultation on “Making it easier for leaseholders to gain recognition of a tenants association”. A recognised tenants’ association has one significant power: it can call in an auditor to examine the accounts.