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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...]

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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...]

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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...]

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

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 all,” says Mr Hurford. “She took the money from the other property accounts but had not access to the block management division. … [Read More...]

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Will ARMA-Q bring change?

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Feeble talk from CMA at ARMA conference

- CMA soothes leasehold managers by repeating its skimpy MORI poll findings – 25% of ARMA membership still not signed up to ARMA-Q – ARMA does NOT manage 60% of sector – How relevant are the happy leaseholders of Liverpool in disputes elsewhere? With just over two months to go before the self-regulatory code ARMA-Q comes […]

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ARMA-Q: an ethical facelift for a flawed trade body

Next month the Association of Residential Managing Agents unveils its new ethical facelift ARMA-Q – having never, in its 21-year history, publicly expelled a single member. (See ARMA’s draft announcement pdf at the bottom of this article.) There is to be a 10-point “consumer charter” to reassure leaseholders and an apparently independent regulatory chairman, assisted […]

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ARMA-Q: a qualified welcome, but it is not a new dawn

COMMENT The Leasehold Knowledge Partnership broadly welcomes the draft ARMA-Q initiative, which may help resolve the less poisonous disputes in blocks managed by ARMA members. It has also made suggestions to improve it: first, to make the disciplinary procedures public, like ours; secondly, to strengthen the requirement to declare ‘conflicts of interest’ to leaseholders. It […]

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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 […]

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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 […]

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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 […]

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 […]

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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 […]

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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 […]

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