… and Y and Y Management ‘broke the ARHM code’ (except it is actually a member of ARMA) London-based freeholder Israel Moskovitz and his business partner Joseph Gurvits, of Y and Y Management, must rue the day they snapped up at auction the freeholds of retirement sites in Devon. After a two-year legal marathon – […]
Archives for February 2014
The owner of a leasehold house in Kingston, Surrey, has been quoted a leasehold insurance premium of £6,344 as a result of the flooding. And if he does get flooded, there will be a £10,000 excess – even though Kingston has been unaffected by the recent flooding. The owner, who rents out the property, was […]
The property managers of the world’s tallest building, the Burj Khalifa in Dubai, have threatened to switch off the lifts if residents won’t pay service charges. Air conditioning, power and possibly water may follow as a long-standing dispute with residents at the 160-story skyscraper escalated this week. Emaar Properties, the Dubai developer that runs the […]
The Tchenguiz Family Trust has backed down on demanding £5,000 for consent for a conservatory that was attached to a retirement leasehold bungalow more than 20 years ago. Two days ago, Campaign against retirement leasehold exploitation raised the issue with Estates and Management, which manages the Tchenguiz residential freehold portfolio. The original story can be […]
A couple who own a retirement bungalow with a conservatory face a demand for £5,000 from the Tchenguiz Family Trust freeholder. And the money might not need to be paid at all if the Peverel house manager were permitted to confirm the date when the conservatory was built – but she has been instructed not […]
Shocking leasehold report: LKP leasehold market evaluation final. Press Release The residential leasehold sector – mainly flats – is the murky corner of the housing market … and it is far larger than any government body has realised. The Leasehold Knowledge Partnership today publishes a report demonstrating that there are 5.37 million leasehold properties in […]
The Financial Times refers to figures on the leasehold sector supplied by LKP in its report on flooding insurance. The article was written by insurance correspondent Alistair Gray.
(… and, yes, of course the freeholder is registered in a tax haven) Two lawyers fighting a right to manage application at the fashionable Post Box Birmingham site have had their costs slashed 90 per cent by a tribunal. Barrister Justin Bates (top), of Arden Chambers, and Roger Hardwick, of Brethertons, were asking for £28,117.95 […]
Another prime London site says goodbye to Peverel, a year after winning right to manage and allowing the property manager to show what it could achieve. That is: showing what it could achieve working for consumers, as opposed to getting business straight from the developers, or working for its former owner and giant freeholder Vincent […]
How impressed one has to be with the lobbying activities of the lawyers in ALEP: the Association of Leasehold Enfrachisement Practitioners. It waives a piece of paper pointing out that the powers of attorney – for the incapacitated – do not apply in Landlord and Tenant Law and – in no time, it seems – […]
Residents at Manchester’s premier address No.1 Deansgate face an on-going battle to win their right to manage after the freeholder tries to take case to the Court of Appeal. Residents in the 82-flat building – who include footballers Ryan Giggs and Phil Neville, Corrie star Helen Worth and Take That singer Jason Orange – won […]
… which means no recognition of the residents’ association, no RTM or enfranchisement. But this may STILL be an opportunity Leaseholders at Welland Quarter in Market Harborough have discovered how unempowered they are when a freeholder goes into administration. It means that administrators Grant Thornton cannot recognise the residents’ association, and there is a freeze […]
Leaseholders at the fancy Timber Wharf in Manchester are facing a £1 million bill to pay for a new roof, only 12 years after the site was completed. It is claimed that the building has been beset with leaks within two years of being completed and conditions in some of the flats are so bad […]
The issues in this case – and others concerning local authority leasehold – will be debated tomorrow morning on BBC Five Live with Eric Pickles, Communities Secretary, and Sebastian O’Kelly, of LKP, at 11.30am, Sunday January 12 A disastrous act of defiance in refusing to pay her share of a council’s major works scheme has […]
Controversial managing agent and chartered surveyor Benjamin Mire (right) appeared before the property tribunal in 52 cases since 1999, according to a Ministry of Justice statement. But he only sat on the panel as a judicial officer 14 times between 2007 and 2010, which was the last year he did so.