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 […]
Following up the LKP story of Hanover losing £500,000 over the SmartSource Water scandal, it now emerges that Housing 21 lost £250,000. Inside Housing, the newspaper for social housing providers, says SmartSource Water was like a “pyramid scheme” which has left several housing associations among creditors facing millions of pounds of combined losses.
The House of Lords put pressure on the government this week to revisit the issue of residential commonhold tenure as an alternative to leasehold. The initiative came from Baroness Gardner of Parkes, who repeatedly raises leasehold issues in the Lords. There was a commitment to review the 2002 Commonhold and Leasehold Reform Act 10 years […]
Hanover housing association, which manages 17,000 retirement properties, attacks Office of Fair Trading for its bungling three-year investigation into exit fees OFT: Fancy logo and generous budget, but what does it actually do? The Hanover Housing Association, which manages 19,000 retirement properties, has issued a devastating criticism of the Office of Fair Trading for […]
29.02.12 Stop ‘opaque’ charges, says London Assembly In the most hard-hitting report in years on the property management business, the London Assembly says half a billion pounds in service charges is being spent every year by Londoners in a business that is overdue for reform. Our news report and the full Assembly report can be […]