News archive

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

ARMAdownLKP

… 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 […]

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

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(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 […]

No.1 Deansgate wins epic RTM battle, as freeholder throws in the towel at the Court of Appeal

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The freeholder of Manchester’s prime No.1 Deansgate blinked first and dropped a Court of Appeal action to block a right to manage application. Residents at No.1 Deansgate, who include footballers Ryan Giggs and Phil Neville, Corrie star Helen Worth and Take That singer Jason Orange – have already spent £30,000 on the RTM marathon.

Trust Property Management fails to find a buyer

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Trust Property Management, whose CEO Benjamin Mire is facing disciplinary proceedings from his professional body RICS, is no longer up for sale. It was put on the market on September 10 last year through Bluebox Corporate Finance, but earlier this month this process came to an end.

Watch out! There’s a lease running out

WimpoleStLKP

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 […]

Re-energised LEASE holds annual conference

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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 […]

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

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… 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 […]

Janet Entwistle stands down at Peverel …

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… 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 Square Following the successful […]

Leaseholders’ money ‘safe’ from £1.3 million fraudster at Hurford Salvi Carr

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A rogue financial controller at property company Hurford Salvi Carr who plundered client accounts of £1.3 million did not make off with leaseholder funds. Stephen Hurford told LKP that the block management accounts were not touched by Karen Chin, 45, who was based at HSC’s London HQ in Clerkenwell. “Leaseholders’ money was not touch at […]

Packed Westminster meeting for leasehold reform

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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 […]

LKP at Number 10

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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 […]

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

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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 […]

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

CountrywidereprievedLKP

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 […]

Countrywide Estate Management is OUT of ARMA

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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 […]

ARMA membership … Find out on Twitter!

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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 […]

London LEASE conference on February 4

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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 […]