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You are here: Home / Archives for Pete Redfern

Labour deputy Tom Watson joins APPG on leasehold reform – but select committee STILL won’t call in the housebuilders

March 6, 2018 By admin

Labour deputy Tom Watson joins APPG on leasehold reform – but select committee STILL won’t call in the housebuilders

Does the UK have the greediest, most venal and least competent housebuilders in the world? The Labour deputy leader Tom Watson joined the APPG on leasehold and commonhold reform yesterday, while the Communities Select Committee still has not called in the housebuilders. Mr Watson, the MP for West Bromwich East, joined on the prompting of […]

Filed Under: Latest News, News, Parliament Tagged With: APPG, Jeffrey Fairburn, Persimmon, Pete Redfern, Sajid Javid, Taylor Wimpey, Theresa May, Tom Watson MP

Labour MP Helen Hayes ‘disappointed’ by Sajid Javid’s response on leasehold scandal

October 13, 2017 By admin

Labour MP Helen Hayes ‘disappointed’ by Sajid Javid’s response on leasehold scandal

Time for DCLG Select Committee to call in developers to demand details of the scale of the leasehold rip-offs Labour MP Helen Hayes is “disappointed” by Communities Secretary Sajid Javid’s response to the leasehold crisis. Ms Hayes, who is MP for Dulwich and West Norwood, was responding to Mr Javid’s presentation on Wednesday to the […]

Filed Under: Latest News, News, Parliament Tagged With: Adriatic Land, Countryside Properties plc, E&J Capital Partners, Ground Rents Income Fund plc, Helen Hayes MP, Ian Sutcliffe, James Agar, James Tuttiett, John Healey MP, Pete Redfern, Sajid Javid, Taylor Wimpey, Will Astor

Pensioner paid £38,000 for Taylor Wimpey freehold to ground rent speculators E&J Capital Partners

September 28, 2017 By admin

Pensioner paid £38,000 for Taylor Wimpey freehold to ground rent speculators E&J Capital Partners

(… and he paid another £4,000 in fees) A 79-year-old pensioner in Clitheroe paid £38,000 to buy the freehold to his Taylor Wimpey leasehold house to ground rent speculators E&J Capital Partners. He also paid out another £4,000 in legal and other fees: his own, and E&J’s. Now he has been told by Taylor Wimpey […]

Filed Under: Ground rent scandal, Latest News, News Tagged With: E&J Capital Partners, James Tuttiett, Pete Redfern, Sajid Javid, Taylor Wimpey, Trevor Nowell

Daily Mail attacks housebuilder bosses helping themselves to “mate’s-rates homes”

August 25, 2017 By admin

Daily Mail attacks housebuilder bosses helping themselves to “mate’s-rates homes”

Building tycoons using discounts to snap up family homes Bosses of British building firms are buying up homes from own developments They are taking advantage of company perks including staff discount schemes Many of the homes were earmarked for young families and first-time buyers It comes as Britain is currently facing a ‘chronic shortage’ of […]

Filed Under: Latest News, News, Press Tagged With: Barratt, Bellway, David Thomas, Pete Redfern, Redrow, Roger Southam, Steve Morgan, Taylor Wimpey, Taylor WImpey London, Ted Ayres

The Sun attacks ‘fatcat’ housebuilders with inflated fortunes thanks to Help To Buy

August 5, 2017 By admin

The Sun attacks ‘fatcat’ housebuilders with inflated fortunes thanks to Help To Buy

Fatcat boss involved in leasehold scandal lives in one of his company’s newbuild homes A FATCAT boss involved in the leasehold scandal lives in one of his company’s newbuild homes. But he has avoided the rip-off ground rent fees that have ruined the lives of other homebuyers. Ted Ayres, chief executive of property giant Bellway, […]

Filed Under: Bellway, Ground rent scandal, Latest News, News, Persimmon, Press, Redrow, Slider2, Taylor Wimpey Tagged With: Bellway Homes, E&J Capital Partners, Homeground Management Limited, James Tuttiett, Jeffrey Fairburn, Long Harbour, Persimmon, Pete Redfern, Redrow, Samantha Cameron, Steve Morgan, Taylor Wimpey, Ted Ayres, The Sun, Vincent Tchenguiz, William Waldorf Astor

Taylor Wimpey: Secretive £130m ‘compo’ is PR fluff and not good enough

May 8, 2017 By admin

Taylor Wimpey: Secretive £130m ‘compo’ is PR fluff and not good enough

We want the freehold to our homes, not variations to leases Adriatic Land’s charges are ‘frankly obscene’ The onward sale of freeholds is more serious than doubling ground rent Taylor Wimpey should admit how many flats and houses with doubling ground rent Joanne Derbyshire, the owner of a Taylor Wimpey leasehold house in Bolton, has […]

Filed Under: Ground rent scandal, Latest News, News, Press, Taylor Wimpey Tagged With: APPG, Joanne Darbyshire, Pete Redfern, Taylor Wimpey

Leaked Taylor Wimpey document showing doubling ground sales TODAY is “an oversight”

March 22, 2017 By admin

Leaked Taylor Wimpey document showing doubling ground sales TODAY is “an oversight”

A leaked Taylor Wimpey document says that it is still selling flats with doubling ground rents but it is “an oversight” and “incorrect”, according to CEO Pete Redfern. Translation: This is an unaccountable blunder contradicting everything Taylor Wimpey has told MPs and press about its ground rent policy. The document, dated December 2016, clearly states […]

Filed Under: Ground rent scandal, Latest News, News, Taylor Wimpey Tagged With: Jim Fitzpatrick, Pete Redfern, Sir Peter Bottomley, Strawberry Fields, Taylor Wimpey

Taylor Wimpey ‘stretches credulity’ by refusing to list properties sold with doubling ground rents

March 16, 2017 By admin

Taylor Wimpey ‘stretches credulity’ by refusing to list properties sold with doubling ground rents

Taylor Wimpey refused today to provide information about the properties it sold with doubling ground rents at its sites built between 2007 and 2011. Pete Redfern informed LKP trustees Martin Boyd and Sebastian O’Kelly this morning: “… we do not think it is appropriate to disclose specific information around sites or post codes linked to […]

Filed Under: Ground rent scandal, Latest News, News, Taylor Wimpey Tagged With: APPG, Martin Boyd, Pete Redfern, Sebastian O’Kelly, Taylor Wimpey

Dear Pete Redfern (again) … Opaque leases, dubious ‘independent’ legal advice, no contact from Taylor Wimpey during its ‘review’, normal industry practice to stuff clients with leasehold houses (especially in North West)

March 6, 2017 By admin

Dear Pete Redfern (again) … Opaque leases, dubious ‘independent’ legal advice, no contact from Taylor Wimpey during its ‘review’, normal industry practice to stuff clients with leasehold houses (especially in North West)

Devastating letter to Taylor Wimpey CEO from a member of the National Leasehold Campaign Facebook group: Dear Mr Redfern, I read with some interest the announcement and presentation of Taylor Wimpey’s Full Year Results for 2016, published last Tuesday, 28th February. There are a few issues I feel compelled to raise: 1. You state in […]

Filed Under: Ground rent scandal, Latest News, News, Taylor Wimpey Tagged With: National Leasehold Campaign, Pete Redfern, Taylor Wimpey

Taylor Wimpey rejects responsibility to resale buyers facing doubling ground rents

February 26, 2017 By admin

Taylor Wimpey rejects responsibility to resale buyers facing doubling ground rents

Taylor Wimpey has rejected any responsibility to purchasers of resold Taylor Wimpey properties that have doubling ground rents. Such buyers can deal with the investment company directly to buy the freehold title, and take up any issues with their conveyancing solicitors. Pete Redfern has responded to a homebuyer who bought a Taylor Wimpey property from […]

Filed Under: Ground rent scandal, Latest News, News, Taylor Wimpey Tagged With: Pete Redfern, Taylor Wimpey

Dear Gavin Barwell … our Taylor Wimpey leasehold house means my pension will be eroded

February 20, 2017 By admin

Dear Gavin Barwell … our Taylor Wimpey leasehold house means my pension will be eroded

Housing minister Gavin Barwell also received a powerful letter from a leasehold house owner today. Mr Barwell has indicated his disapproval of leasehold houses at the annual conference of the Leasehold Advisory Service. He said: “The Leasehold Knowledge Partnership estimated that around 9,000 houses are being built and sold as leasehold. Many of those seem […]

Filed Under: Ground rent scandal, Latest News, News, Taylor Wimpey Tagged With: Gavin Barwell, Pete Redfern, Taylor Wimpey

Dear Pete Redfern … Taylor Wimpey cheated us: what are you doing about it?

February 20, 2017 By admin

Dear Pete Redfern … Taylor Wimpey cheated us: what are you doing about it?

Taylor Wimpey CEO Pete Redfern was deluged with emails this morning from desperate owners of leasehold houses. The initiative was organised by the Facebook group National Leasehold Campaign of leasehold house owners. The correspondence was copied in to Sajid Javid, Secretary of State at the DCLG, and housing minister Gavin Barwell. Many emails were also […]

Filed Under: Ground rent scandal, Latest News, News, Taylor Wimpey Tagged With: Pete Redfern, Taylor Wimpey

Taylor Wimpey more greedy than the ground rent ‘Mr Smallweeds’ (and so are other plc housebuilders)

December 11, 2016 By admin

Taylor Wimpey more greedy than the ground rent ‘Mr Smallweeds’ (and so are other plc housebuilders)

Survey on onerous ground rent data. Please fill this in if you have a leasehold house with exploitative ground rent terms Groundrentsforsale.com probably does not regard itself as dilatory in furthering the interests of freehold investors who feast off ground rents. Sounding like Dickens’ unappetising Mr Smallweed – “Shake me up, Judy!” – in Bleak […]

Filed Under: Ground rent scandal, Latest News, News, Taylor Wimpey Tagged With: ground rents, Groundrentsforsale, Jim Fitzpatrick, Mr Smallweed, Pete Redfern, Sir Peter Bottomley, Taylor Wimpey, Wates

‘New-build ground rent scandal could spark legal battles,’ says Guardian

November 19, 2016 By admin

‘New-build ground rent scandal could spark legal battles,’ says Guardian

Lawyers have contacted the Guardian newspaper to say that buyers of new-build houses and flats with crippling ground rent clauses could take legal action. The full article can be read here  Graham Balchin, of solicitors Carter Lemon Camerons says: “It is a requirement of most lenders [see the CML Handbook section 5.14.9] that the lender […]

Filed Under: Ground rent scandal, Latest News, News, Press, Taylor Wimpey Tagged With: Patrick Collinson, Pete Redfern, Sir Peter Bottomley, Taylor Wimpey, The Guardian

Taylor Wimpey CEO says doubling ground rent scandal under ‘review’. But Bottomley asks: ‘Have innocent homebuyers been shafted?’

November 18, 2016 By admin

Taylor Wimpey CEO says doubling ground rent scandal under ‘review’. But Bottomley asks: ‘Have innocent homebuyers been shafted?’

This afternoon Pete Redfern the CEO of Taylor Wimpey has responded to the All Party Parliamentary Group on leasehold reform saying that the issue of homeowners with doubling ground rents is under “review”. Mr Redfern’s full letter is below. He points out that the doubling ground rent leases, which LKP is aware apply to leasehold […]

Filed Under: Ground rent scandal, Latest News, MPs' APPG on leasehold, News, Parliament, Taylor Wimpey Tagged With: APPG, Pete Redfern, Silver Birch Close, Taylor Wimpey

Pete Redfern: Stop pontificating about the housing crisis and sort out the ground rent scandal of Taylor Wimpey’s own making

November 16, 2016 By admin

Pete Redfern: Stop pontificating about the housing crisis and sort out the ground rent scandal of Taylor Wimpey’s own making

This morning Pete Redfern, Taylor Wimpey CEO, was on the Today programme (BBC Radio 4) discussing the housing crisis. This afternoon MPs are demanding he explain a housing crisis of Taylor Wimpey’s own making: building leasehold houses and flats where ground rents double every ten years. This has left first-time buyers with homes that they […]

Filed Under: Ground rent scandal, Latest News, MPs' APPG on leasehold, News, Press, Taylor Wimpey Tagged With: APPG, Kate Barker, Pete Redfern, Sir Peter Bottomley, Taylor Wimpey

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