Managing agents owned by landlords must come clean … says leading managing agent

robplumb

A managing agent owned by the freeholder should be made to disclose this relationship clearly to the leaseholders, one of the country’s leading managing agents has announced. “They should be obliged to disclose if they have, or any party to whom they are financially connected has, any beneficial interest in the freehold title,” says Rob […]

Baroness Hanham and Rupert Murdoch: spot the difference

One is parroting the non-policy of Grant Shapps, and the other has never met him or, if he has, asked no favours   By ‘Barrack-room Lawyer’ (As ARHM president Baroness Greengross defined OAP complainers in retirement flats with too much time on their hands) In last Monday’s House of Lords debate, initiated by Baroness Gardner […]

CentreForum think tank ponders leasehold

CentreForum invites LKP to contribute to its leasehold report   In three weeks time another important report into leasehold is to be published, this time by the liberal think tank CentreForum. Earlier this month LKP was invited to its Queen Anne’s Gate to offer its contributions to report, which – we are assured – were […]

Lords debate leasehold reform

Both the Tchenguiz family and Peverel were named in a House of Lords debate yesterday on leasehold service charges. They were singled out by Baroness Gardner of Parkes (Conservative) – the only freeholders and managing agents named in the debate – when referring to landmark LVT settlements, including the £1 million pay-back to residents at […]

London Assembly’s report ‘Highly Charged’

London Assembly damns property management racket A London Assembly report into leasehold service charges published today is a devastating attack on the stealth charges that are rife in leasehold and it urges the property industry to clean up its act. Referring to “opaque” service charges regimes at numerous London developments, the report can also be […]

Boris summons LKP

Boris Johnson has invited LKP to discuss the London Assembly’s hard-hitting report into leasehold service charges, called Highly Charged, that was issued earlier this month.   Boris … talk to me The meeting will take place within the next two weeks. In a statement to LKP the mayor’s office said: “The Mayor recognises that leasehold […]

LEASE: Find some backbone, or face the chop!

Anthony Essien (left), of LEASE ... the Leasehold Advisory Service, at the London Assembly on January 23rd with large-scale managing agents Matthew Saye, of Home Ownership Services and Randall Bevis, of City West Homes. Martin Green (right), of Southwark Borough Council's home ownership and tenant management initiatives.

January 24 2012: The weakest performance of all at yesterday’s Greater London Assembly meeting on the miseries facing leaseholders was from Anthony Essien, the chief executive of LEASE, the Leasehold Advisory Service. Asked by London Assembly members how leaseholders can be defended from rapacious managing agents and landlords jacking up service charges, Essien placed his […]