Sir Peter Bottomley made another strong speech over leasehold issues today at the Chartered Institute of Housing meeting in Crawley. It was titled “Less legal torture and more happiness in leasehold”. “All cases of forfeiture should be reported to the Master of the Rolls, who heads the civil courts,” said the MP, who along with […]
Barrister Justin Bates has been on the receiving end of the most indigestible flattery from managing agent and IRPM worthy Neil Maloney. On Twitter, the chartered surveyor praises Bates for his handiwork in right to manage applications – which habitually involves coming up with every legal impediment to thwart them. “Such a safe pair of […]
The residents of Brixton Hill Court have won their right to manage application after their first attempt saw them looking at legal costs of £42,000, subsequently reduced to around £25,000. The ruling is dated September 27, which means there is still a possibility of the freeholder appealing.
Shula Rich (left) a long-standing advisor on leasehold issues has criticised the Leasehold Advisory Service for setting up an out-of-hours advice line run by practising solicitors, who may also be hoping to tout for work. Out-of-hours callers to LEASE can be put in contact with solicitors who are members of ALEP, the Association of Leasehold Enfranchisement Practitioners. The […]
The government has now passed a new Water Bill, which among other issues covered its flood insurance scheme Flood Re. It appears from the outset DEFRA had worked with the Association of British Insurers (ABI) to define how this cover would work.
Leasehold exit and sublet fees have been referred to the Law Commission, which will almost certainly be the end of them. This means anyone selling or renting out a retirement or non-retirement flat should keep all documentation with a view to making a claim in two and half years time.
– Self-regulation (by ARHM, ARMA, RICS) has failed – Leasehold tenure itself disempowers residents and makes them vulnerable – Commonhold should be explored – Right to manage needs to be made easier for the elderly – LEASE’s ‘problematic’ role serving all sides in leasehold – CMA’s skimpy Ipsos MORI poll ‘should not be used as […]
The satirical magazine Private Eye has featured Peverel’s name-change today. Referring to previous reports on Peverel as see “Eyes passim ad nauseam” it treats readers to a resume of Peverel’s recent unfortunate history. “FirstPort may turn out to be LastResort for the troubled management company,” is the pessimistic conclusion.
A woman in east London had her £165,000 flat forfeited over what began as £290 owed in ground rents. The property had no mortgage, so the massive financial loss is entirely borne by her.
Why did the CMA study take place? The CMA study into residential management services partly originated in the public criticism expressed over the Office of Fair Trading investigation into the Peverel / Cirrus collusive tendering scandal. Owing to the prime minister’s response to a direct appeal by LKP, this resulted in a meeting with the […]
– lawyers want amendment to Consumer Rights Bill – last chance to contact CMA Conveyancing leasehold lawyers are demanding changes in law to stop freeholders and managing agents cashing in on sales of leasehold property. The Conveyancing Association estimates that there are £80 million in charges every year in the transactions of 300,000 flats.
– Only 131 retirement leaseholders quizzed – 17 leaseholders ONLY discussed Property Tribunal – MORI has to correct criticism of LKP leasehold figures (which are accepted by DCLG) – BUT poll does confirm that there is more contentment when leaseholder manage their sites in an RTM or RMC compared with those that are freeholder-controlled Alarm […]
… wins ombudsman case, but gets £312 bill! LKP accredited managing agent Block Managers Limited refused to force six leaseholders to pay for the redecoration of another’s private £1 million flat. Gavin Lee, of Block Managers, based in Colchester, was horrified to take over a luxury block in Pimlico, central London, to find that the […]
Hanover residents are becoming increasingly concerned that the supposedly not-for-profit housing association is mining value out of their sites by flogging off the house manager flats. Leonard Hackett Court in Bournemouth had its house manager flat sold in June for £105,000, while others report Hanover seeking planning consent to enhance value before putting the properties […]
Former property tribunal panel member and chartered surveyor Benjamin Mire has put his company Trust Property Management up for sale, it was announced yesterday. Mire, a property manager based in Colindale, north London, has been engulfed in controversy over the past 18 months.
The new company structure after the Peverel rebrand strongly suggests something is going to be sold. A useful schematic of the existing and future company structures is given here and above: