• Menu
  • Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Before Header

  • Home
  • What is LKP
  • Find everything …
  • Contact
Donate

Leasehold Knowledge Management Logo

Secretariat of the All Party Parliamentary Group on leasehold reform

Mobile Menu

  • Home
  • What is LKP
  • Find everything …
  • Contact
  • Advice
  • News
    • Find everything …
    • About Peverel group
    • APPG
    • ARMA
    • Bellway
    • Benjamin Mire
    • Brixton Hill Court
    • Canary Riverside
    • Charter Quay
    • Chelsea Bridge Wharf
    • Cladding scandal
    • Competition and Markets Authority / OFT
    • Commonhold
    • Communities Select Committee
    • Conveyancing Association
    • Countrywide
    • MHCLG
    • E&J Capital Partners
    • Exit fees
    • FirstPort
    • Fleecehold
    • Forfeiture
    • FPRA
    • Gleeson Homes
    • Ground rent scandal
    • Hanover
    • House managers flat
    • House of Lords
    • Housing associations
    • Informal lease extension
    • Insurance
    • IRPM
    • JB Leitch
    • Jim Fitzpatrick MP
    • John Christodoulou
    • Justin Bates
    • Justin Madders MP
    • Law Commission
    • LEASE
    • Liam Spender
    • Local authority leasehold
    • London Assembly
    • Louie Burns
    • Martin Paine
    • McCarthy and Stone
    • Moskovitz / Gurvits
    • Mulberry Mews
    • National Leasehold Campaign
    • Oakland Court
    • Park Homes
    • Parliament
    • Persimmon
    • Peverel
    • Philip Rainey QC
    • Plantation Wharf
    • Press
    • Property tribunal
    • Prostitutes
    • Quadrangle House
    • Redrow
    • Retirement
    • Richard Davidoff
    • RICS
    • Right To Manage Federation
    • Roger Southam
    • Rooftop development
    • RTM
    • Sean Powell
    • SFO
    • Shared ownership
    • Sinclair Gardens Investments
    • Sir Ed Davey
    • Sir Peter Bottomley
    • St George’s Wharf
    • Subletting
    • Taylor Wimpey
    • Tchenguiz
    • Warwick Estates
    • West India Quay
    • William Waldorf Astor
    • Windrush Court
  • Parliament
  • Accreditation
  • [Custom]
Menu
  • Advice
  • News
      • Find everything …
      • About Peverel group
      • APPG
      • ARMA
      • Bellway
      • Benjamin Mire
      • Brixton Hill Court
      • Canary Riverside
      • Charter Quay
      • Chelsea Bridge Wharf
      • Cladding scandal
      • Competition and Markets Authority / OFT
      • Commonhold
      • Communities Select Committee
      • Conveyancing Association
      • Countrywide
      • MHCLG
      • E&J Capital Partners
      • Exit fees
      • FirstPort
      • Fleecehold
      • Forfeiture
      • FPRA
      • Gleeson Homes
      • Ground rent scandal
      • Hanover
      • House managers flat
      • House of Lords
      • Housing associations
      • Informal lease extension
      • Insurance
      • IRPM
      • JB Leitch
      • Jim Fitzpatrick MP
      • John Christodoulou
      • Justin Bates
      • Justin Madders MP
      • Law Commission
      • LEASE
      • Liam Spender
      • Local authority leasehold
      • London Assembly
      • Louie Burns
      • Martin Paine
      • McCarthy and Stone
      • Moskovitz / Gurvits
      • Mulberry Mews
      • National Leasehold Campaign
      • Oakland Court
      • Park Homes
      • Parliament
      • Persimmon
      • Peverel
      • Philip Rainey QC
      • Plantation Wharf
      • Press
      • Property tribunal
      • Prostitutes
      • Quadrangle House
      • Redrow
      • Retirement
      • Richard Davidoff
      • RICS
      • Right To Manage Federation
      • Roger Southam
      • Rooftop development
      • RTM
      • Sean Powell
      • SFO
      • Shared ownership
      • Sinclair Gardens Investments
      • Sir Ed Davey
      • Sir Peter Bottomley
      • St George’s Wharf
      • Subletting
      • Taylor Wimpey
      • Tchenguiz
      • Warwick Estates
      • West India Quay
      • William Waldorf Astor
      • Windrush Court
  • Parliament
  • Accreditation
You are here: Home / News / Charter Quay / Charter Quay tops £500,000 after latest win over ‘rent for common areas’

Charter Quay tops £500,000 after latest win over ‘rent for common areas’

May 25, 2012 //  by Sebastian O'Kelly

The amount of money recovered by the Charter Quay residents has this week passed more than half a million pounds in cash.

The bulk of this came from actions against companies owned by the Tchenguiz Family Trust.

In the latest (and last) case more than £90,000 has been recovered from the landlord with the help of the court-appointed managing agent HML Andertons.

The action, which has taken nearly a year, was to recover “rent for common areas”. In each of the years 2005 to 2009 the landlord had charged residents for “renting” the reception area, gym and the management suite, although there is nothing the leases allowing them to do this.

Another £90,000 at Charter Quay, in Kingston, Surrey,
follows last year’s damning LVT ruling.

The residents claim that the managing director for the landlord’s managing agent, Michael Gaston, of Estate and Management Ltd, also owned by the Tchenguiz Family Trust, admitted as long ago as November 2010 that it had no right to collect this money.

Estates and Management Ltd have settled just before HML Andertons submitted an application for summary judgment. The landlord has also accepted he has no right to collect these “rents” in future, which will now save each flat a further £70 every year.

The residents have fought four actions against the landlords in a protracted four-year-fight.

Service charges have fallen 25-30%

The first action in 2008/9 was to remove the Tchenguiz-owned managing agent as a result of their failings, and the subsequent cases involved the recovery of excessive service charges, which had previously been charged by the landlord’s managing agent.

Since the court appointed HML Andertons to take over the site in 2009, the service charges have decreased by 25-30 per cent. At the same time the standard of service has increased, the residents’ association claims.

News of the successful LVT actions appears to have made Charter Quay an even more attractive place to live, according to local estate agents.

For the first time ever, no flats were available to rent at Charter Quay a few months ago and at one stage just one flat was for sale. Not bad for a site with 244 properties.

‘Quasi biblical’ complexity

In an LVT ruling in November last year, the Tchenguiz group was criticised for the “quasi biblical” complexity of its company structures.

It was found:

their companies had entered into onerous and unfair contracts with other companies in the same group;

that they did not test the market;

and that they took unreasonable insurance commissions.

 

Related posts:

Default ThumbnailCharter Quay: LVT’s devastating criticism of Tchenguiz/Peverel management Default ThumbnailWhat part of ‘Go away!’ don’t you understand, Vincent? Cabinet minister celebrates Charter Quay ‘independence day’ as it breaks free from ‘monstrous companies’: Tchenguiz and Peverel What if Berkeley had built Charter Quay as commonhold? Site visit by officials and Law Commission Tchenguiz ‘skulduggery’, Peverel / Cirrus bid-rigging scam and Charter Quay: all get another outing

Category: Charter Quay, News, Property tribunalTag: Charter Quay, Property tribunal, SFO

Latest Tweets

Tweets by @LKPleasehold

Mentions

Anthony Essien (34) APPG (37) ARMA (87) Bellway (30) Benjamin Mire (32) Cladding scandal (71) Clive Betts MP (31) CMA (45) Commonhold (52) Competition and Markets Authority (41) Countryside Properties plc (33) FirstPort (42) Grenfell cladding (56) Ground rents (54) Harry Scoffin (150) James Brokenshire MP (31) Jim Fitzpatrick (35) Jim Fitzpatrick MP (30) Justin Bates (40) Justin Madders MP (67) Katie Kendrick (37) Law Commission (60) LEASE (66) Leasehold Advisory Service (62) Leasehold houses (32) Long Harbour (48) Martin Boyd (80) McCarthy and Stone (39) National Leasehold Campaign (38) Persimmon (49) Peverel (61) Property tribunal (49) Redrow (30) Retirement (37) Robert Jenrick (33) Roger Southam (47) Sajid Javid (38) Sebastian O’Kelly (55) Sir Peter Bottomley (201) Taylor Wimpey (106) Tchenguiz (33) The Guardian (33) The Times (31) Vincent Tchenguiz (43) Waking watch contracts (40)
Previous Post: « Dud paperwork, no payment necessary
Next Post: How you get scammed on insurance … with tips from LEASE! »

Above Footer

Advising leaseholders. Avoiding disasters.
Stopping forfeiture. Exposing abuses. Urging reform.

We depend on individuals for the majority of our funding.

Support Us and Donate

LKP Managing Agents

Become an LKP Managing Agent

Common Ground
Adam Church
Blocnet property management2

Stay in Touch

To achieve victory in the leasehold game where you are playing against professionals and with rules that they know all too well - stay informed with the LKP newsletter.
Sign Up for Newsletter

Professional Directory

The following advertisements are from firms that seek business from leaseholders.
Click on the logos for company profiles.

Footer

About LKP

  • What is LKP
  • Privacy and data

Categories

  • News
  • Cladding scandal
  • Commonhold
  • Law Commission
  • Fleecehold
  • Parliament
  • Press
  • APPG

Contact

Leasehold Knowledge Partnership
Open Data Institute
5th Floor
Kings Place
London N1 9AG

sok@leaseholdknowledge.com

Copyright © 2023 Leasehold Knowledge Partnership | All rights reserved
Leasehold Knowledge Partnership Limited (company number: 08999652) is a company limited by guarantee that is a registered charity (number: 1162584) with the Charities Commission.
LKP website is hosted at www.34sp.com
Website by Callia Web