The Campaign against Residential Leasehold Exploitation agenda for reform of retirement housing has been given a ringing endorsement by a report published today by AgeUK. The report, Housing in Later Life, arrives just as the Competition and Markets Authority appears to be manoeuvring to downplay concerns in retirement in its leasehold sector inquiry.
The owner of one of the three stooge companies that helped Peverel’s subsidiary Cirrus wrongly win lucrative contracts at retirement sites deeply regrets his involvement in the scam. Jeremy Owen, 38, of Owens Installations, says he got caught up in the Cirrus scandal because he was young and naïve and wishes he could “turn the […]
Retirement exit fees may get the chop, at last! The new DCLG leasehold team, with whom Campaign against retirement leasehold exploitation / LKP has been working closely, yesterday announced a range of measures in addition to “Florrie’s Law” (see LKP) and acceptance that the leasehold sector is far larger than was previously thought. They include […]
… But it wants further feedback, so let them have it! … Oh, and oldies are happier than those in non-retirement flats The Competition and Markets Authority (CMA) has today issued an update on its market study (see below) into the provision of residential property management services in England and Wales. LKP / Campaign against […]
The influential BBC Radio 4 programme You and Yours yesterday featured retirement leasehold. This is an area of “most concern” according to Douglas Cooper, of the Office of Fair Trading, which is carrying out an inquiry into leasehold management. The programme can be heard here and the item begins 46 minutes into the programme.
The Daily Mail reported the OFT inquiry into leasehold management last week. The link is here
Deidre Hipwell, of the Times, reports: Dodgy landlords should be on their guard after the Office of Fair Trading launched an investigation into the residential property management industry. After years of complaints from millions of flat owners claiming they were being overcharged for poor service to maintain their homes, the OFT said it wanted to […]
The Office of Fair Trading today announced its leasehold management inquiry and will include housing association and council leaseholders. The scope is defined here
The three Campaign against Residential Leasehold Exploitation whistleblowers of the Peverel-Cirrus scam were threatened with prosecution by the Office of Fair Trading if they revealed the investigation. The threat was minuted by the OFT on September 27 2012 even though it had already decided to give Peverel leniency and not take any action. In a blatant […]
… now ALL sites should exercise right to manage and be rid of them … ‘the system is rotten’ to have allowed Peverel / Cirrus to get off, says Bottomley Update: Guardian reports OFT and Peverel Cirrus scandal Update: BBC reports Peverel / Cirrus scandal The Peverel / Cirrus price-fixing scandal was finally confirmed […]
The Office of Fair Trading today announced a full investigation into leasehold in England and Wales. The announcement has been prompted by the campaigning of the Leasehold Knowledge Partnership and its sister website Campaign against retirement leasehold exploitation (www.betterretirementhousing.com), the Campaign Against Retirement Leasehold Exploitation. In September LKP / Campaign against retirement leasehold exploitation involved […]
The long awaited Office of Fair Trading investigation into the Peverel / Cirrus price-fixing scandal concludes on Friday at 11am. Click on image to read OFT website or here But there will be a delay in publishing the Infringement Decision – if there is one. “If the final outcome in this investigation is an Infringement […]
The alleged Peverel / Cirrus price–fixing scandal has been reported at length in this month’s issue of The Oldie. (Click on image) It repeats Sir Peter Bottomley’s view that Peverel has undertaken “unlawful and probably criminal actions” and he dismisses the Office of Fair Trading’s fiction that Peverel turned itself in. Campaign against retirement leasehold […]
Energy Secretary Ed Davey demanded answers this afternoon from the Office of Fair Trading over its tardy investigation into the Peverel / Cirrus price-fixing scandal. He and Sir Peter Bottomley, MP for Worthing West, wanted to know why the investigation was so protracted and why Peverel was offered a 100 per cent leniency deal. Peverel […]
Articles in The Times in 2009 also show Campaign against retirement leasehold exploitation had publicly raised the issue of Cirrus’s tendering scams before Peverel turned itself in Sir Peter Bottomley has waded into the Peverel price-fixing scandal by publicly doubting whether the company had “confessed” to the Office of Fair Trading before being alerted by […]
UPDATE July 10 2013: LKP / Campaign against retirement leasehold exploitation received this email from the Office of Fair Trading this afternoon, shortly after a meeting with Sir Peter Bottomley at which this scandal was discussed: I am the team leader for the OFT’s investigation into certain access control and alarm systems companies, with respect to […]