The Mail on Sunday personal finance section went over the issue of leaseholders exercising right to manage and buying the freehold yesterday. The article can be read here It referenced the LEASE survey that found that 57 per cent of leaseholders regretted buying their property. This is a figure quite unprecedented in other jurisdictions where […]
A plan to build a basement flat at the bottom of an expensive central London block features in the Daily Telegraph today. Forty five residents at Queen Court in Bloomsbury are furious at the proposals to transform the 1,975 square foot space with no natural light, apart from a few skylights, into a basement apartment. […]
(… which is what we have been saying all along) Ten months after the Triplerose decision in the Court of Appeal on multi-block RTMs, the Leasehold Advisory Service has issued its advice: don’t do anything. “The advice to the customers for now can only be to do nothing, unless the landlord starts any action of […]
Some right to manage facilitators are tying in leasehold blocks to management contracts that are hardly less draconian that the ones imposed on them by their freeholders. Members of the Leasehold Advisory Service stakeholders meeting last week were aghast to learn that some RTM facilitators, who may receive a commission, are signing up management companies […]
Written Answers – Department for Communities and Local Government: Right to Manage Companies (9 Dec 2015) http://www.theyworkforyou.com/wrans/?id=2015-11-25.HL3932.h&s=speaker%3A13304#gHL3932.q0 Baroness Gardner of Parkes: To ask Her Majesty’s Government what consideration they have given to the issues involved in maintaining or improving leasehold properties under the Commonhold and Leasehold Reform Act 2002, in particular in central London, where […]
The road to RTM After an embittered struggle with the Tchenguiz organisation – which also saw the involvement of two MPs – Metcalfe Court, in Romiley, in Cheshire, broke free and took over its right to manage last February. Below the RTM directors write to Carlex / LKP to share their experience with our readers. […]
LKP has been contacted by a number RTM sites worried about a letter which ominously warns “URGENT- YOUR RTM COMPANY MAY BE ILLEGAL”. If you have had one of these letters it may also warn in capital letters your RTM should “ACT NOW”. LKP would suggest you act with caution. Quoting some case and suggesting […]
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 […]
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.
The residents of Quadrangle House in Stratford east London last week chose a number of directors for their right to manage company. They were seeking to end the anomaly that the only director has been Dudley Joiner, owner of Team Property Management, which manages the site. His Right To Manage Federation, which is not a […]
LKP-accredited managing agent Pauline Jones, of Jones Associates in Macclesfield, has just taken the latest Peverel retirement site right to manage. Residents at Metcalfe Court, in Romiley in Cheshire, where the freeholder is the Tchenguiz Family Trust, had long standing issues with Peverel. On the prompting of Carlex / LKP they approached Pauline Jones, who […]
Carlex / LKP has serious concerns about events at Elim Court in Plymouth, whose right to manage application failed on appeal last month. The application is being handled for the residents by the Right To Manage Federation, headed by Dudley Joiner, which has repeatedly stated that it is assuming all legal costs in the matter.
Residents at Quandrangle House in east London are furious that there is only one director of their right to manage company – and that’s the managing agent employed to run the place. The 102 new and converted flats at the Stratford site, formerly Peverel-managed, were taken to RTM by the Right To Manage Federation, headed […]
Residents not informed of court decision of a month ago What are the freeholder’s legal costs? Right To Manage Federation has said it would pay Elim Court’s battle to break free of London freeholder Israel Moskovitz and his associate Joseph Gurvits has failed on appeal to the Upper Tribunal. The ruling on the right to […]
Barrister Justin Bates has been on the receiving end of the most indigestible flattery from managing agent and IRPM worthy Neil Maloney. On Twitter, the chartered surveyor praises Bates for his handiwork in right to manage applications – which habitually involves coming up with every legal impediment to thwart them. “Such a safe pair of […]
The residents of Brixton Hill Court have won their right to manage application after their first attempt saw them looking at legal costs of £42,000, subsequently reduced to around £25,000. The ruling is dated September 27, which means there is still a possibility of the freeholder appealing.