Anyone needing a reminder why recognised residents associations are important needs to recall why this freeholder spent £75,000 for an afternoon in the property tribunal trying to thwart one. A recognised has the power to appoint a surveyor (in fact, au auditor) to go over the books. Now there is a discussion paper out from […]
Campaign against retirement leasehold exploitation / LKP is deeply saddened that one of its three MP patrons, LibDem Ed Davey, lost his Kingston and Surbiton seat at Thursday’s general election. With England voting for financial rectitude, and in alarm at the rising power of the SNP, only the Conservative party benefitted from the achievements of […]
The landlord of Discovery Docklands East, opposite Canary Wharf, has scored a spectacular own goal that has trashed the open market value of his freehold by £600,000 – and landed himself with £30-40,000 in legal costs. The game-playing began when the landlord sought to sell the freehold, but first had to offer it – under […]
Michelle Banks, the ARMA chief executive, is to step down in July. The announcement to ARMA members comes from ARMA chairman Martin Perry. “ … sadly I have to announce that Michelle Banks will not be joining us in this next phase [of ARMA-Q] having taken the decision to join her husband in retirement. “Michelle […]
When his retirement village outside Stroud, in Gloucestershire, went bust – with many of the leasehold properties unsold – Peter Wilson and the other residents decided to buy the site off the administrators, raised £2 million and now run the site themselves. The result is Woodchester Valley Village, a mutual ‘not for profit’ village. What the elderly residents have […]
… Which did not even need to be paid by the living Leasehold reached a new low with Pier Management demanding a subletting fee from a man who is dead. Nor was a sublet fee payable had Mr A Gaffney, of Dublin, been alive. Pier Management admitted it had not read the lease before demanding […]
Campaign against retirement leasehold exploitation / LKP has no political affiliation, and our three MP patrons – Sir Peter Bottomley, Jim Fitzpatrick and Ed Davey – come from the three main political parties. The below explains what they have done for leaseholders: Sir Peter Bottomley (Conservative) represents Worthing West, which has a high number of […]
The Daily Telegraph yesterday published an excellent balancing article to the usual advert-friendly dross that accompanies features on retirement housing. It can be read here. Please do comment on it (and here, of course). Written by Fleet Street veteran Liz Hodgkinson, the article addresses the points raised by Campaign against retirement leasehold exploitation – which […]
But don’t feel any obligation to join on our account! ARMA has finally published a list of its full members – more than four months after making the more rigorous ARMA-Q the criteria for membership. Until today, the only clue as to who was a member of ARMA was the stream of congratulations posted on […]
Bad news for LKP, our MP patrons, and anyone else who cares about the Sisyphean labour of trying to encourage integrity and honesty in our corporate governance. The law firm Pinsent Masons has found that 2,500 whistleblowers approached the Serious Fraud Office, but that only resulted in a dozen investigations, the Times reports today. No […]
UPDATED with analysis of the decision below Right to manage legislation is in chaos following Friday’s Court of Appeal decision to prevent RTM companies from managing more than one building at a site. The decision drives a hole through current RTM legislation and, in LKP’s view, can only be addressed with primary legislation. It means […]
… because they can examine the books LKP is very pleased the government has launched a consultation on “Making it easier for leaseholders to gain recognition of a tenants association”. A recognised tenants’ association has one significant power: it can call in an auditor to examine the accounts.
Emma Reynolds, Labour’s shadow housing minister, has discovered that no one knows how many cases of leasehold forfeiture take place – and it would be too expensive to find out. The astonishing admission came from the Ministry of Justice in one of the last parliamentary questions of the session.
Both Eric Pickles and Housing Minister Brandon Lewis gave a final “vote for us” message to leaseholders earlier this week with a resume of their achievements. In truth, they add up to very little and the only real reason not to vote against the government is because of almost no sign of life on leasehold […]
The Leasehold Knowledge Partnership and LEASE jointly held a party last night to thank Paula Hassall, a DCLG civil servant, for her contribution to helping leaseholders. Paula was appointed to the leasehold section 13 months ago and helped bring about significant improvements to the leasehold sector. Sadly, she leaves at the end of this week to […]
Recommendations by the Competition and Markets Authority to make right to manage applications less problematic appear to have been rejected by the government. The rebuff came the same day of the Budget speech (March 18) that said the government “will take forward CMA recommendations, and other actions agreed with the CMA, to improve the market […]