Under the headline “Does it add up?”, The Sunday Times exposed ever escalating service charges in an excellent, well researched article by journalist Hugh Graham published yesterday. Property buying agent Paul Bailey was quoted saying that ever escalating service charges are under-mining capital values in prime London sites. “It does not matter to the billionaire […]
What is the Property Tribunal doing to protect its own appointed manager? West India Quay: £10 million ‘unaccounted for over six years’ The poisonous dispute at the upmarket site Canary Riverside, part of Canary Wharf in London’s Docklands, was raised by LKP patron Jim Fitzpatrick, Labour MP for Poplar and Limehouse. He accused John Christodoulou […]
After having lost in the lower tribunal and in the upper tribunal, been declined an appeal and a postponement pending a judicial review, and then been injuncted to comply with the property tribunal ruling, the freeholder at Canary Riverside might have been expected to give up. Instead, John Christodoulou is heading back to court seeking […]
The freeholder at Canary Riverside in London’s Docklands – ultimately property “billionaire” John Christodoulou – has been ordered to co-operate with Alan Coates, the court appointed managing agent who will now run the site. The injunction was granted on October 7 at the County Court in Central London, which had had to consider Canary Riverside […]
– Controversial freeholder loses Docklands jewel – Court-appointed managing agent takes over today – Damning criticisms of ‘failures to manage the properties’ – Revenue streams lost (… Now what about West India Quay which has the same set-up?) Monaco-based freehold owner John Christodoulou failed in the Upper Tribunal yesterday (September 30) to stop a court-appointed […]
Giving recognition to a residents’ association at the most exclusive apartment block in Canary Wharf posed the sort of “risks that you see with the trade unions”, the First-Tier Tribunal was told last Thursday. The remark was made by the freeholder’s professional witness, chartered surveyor Bruce Maunder Taylor – and was greeted with guffaws […]
Leasehold owners are increasing fighting back against councils loading ‘admin’ costs for routine work. Labour councillors in Tower Hamlets, in east London, have called on the council to scrap a 17 per cent increase. The Leasehold Knowledge Partnership has evidence of 29.95 per cent admin surcharges for leaseholders in Haringay, north London, on simple repairs.