… Labour MP Jim Fitzpatrick and Sir Peter Bottomley put the boot in to leasehold profiteers!
Two senior MPs from opposite political parties yesterday delivered hard-hitting speeches in Parliament that highlighted the scandals in leasehold.
And in a sign of the rising political temperature concerning these issues, neither hesitated to name names.
Jim Fitzpatrick, the MP for Limehouse and Poplar which has some of the poorest and richest leaseholders in the country, named the Yianis Group (which is owned by Cyprus-born and Monaco-based millionaire John Christodoulou, who was not personally named), and its management company Octagon Assets, as well as Tchenguiz and Peverel, who he described as “predators”.
Both have been named in the Commons before.
Sir Peter Bottomley waded in to call on freeholders’ barrister Justin Bates “to say out loud the ways in which opportunist managing agents and freeholders can frustrate an application [for right to manage] to the Leasehold Valuation Tribunal or the first stage of the Property Chamber”.