June 24, 2017

Archives for June 2012

Wartime squadron leader, aged 94, chalks up £11,500 victory over Peverel

During the Second World War, when Eric Matthews, 94, was an RAF squadron leader, he was used to chalking up downed enemy aircraft. Now he is celebrating another victory over a lesser adversary: Peverel, which has had to pay back £11,475.34p. The money is being re-paid after a series of  inter-company deals by the property […]

Janet Entwistle: ‘There are problems with Peverel’s reputation, but new owners are in it for the long term’

Janet Entwistle has published a digest of the questions and answers either emailed to her or asked at her public meetings with Peverel’s leaseholders on June 12. The comments are a frank admission that the company has “problems of reputation” and address fraught issues such as insurance commissions, sub-letting fees and service charges – subjects […]

Leasehold Advisory Service denies seeking ‘bungs’ to pass on leaseholders for professional services

LEASE, the Leasehold Advisory Service, is a taxpayer-funded quango, so why on earth is it asking solicitors and others whether they would be prepared to pay referral fees to be put in touch with the distressed ordinary leaseholders who call up for advice? Referral fees – or ‘bungs’ as they are less politely termed – […]

Should Esther Rantzen be a speaker at today’s ARHM jamboree?

By a pretty wide margin, Esther Rantzen has been the country’s most outstanding campaigning journalist … so why is someone with her acute antennae speaking at this summer’s ARHM annual meeting? It is wrong to believe that the Association of Retirement Housing Managers is filled with cold-hearted cynics seeking to profit from the elderly. It […]

How you get scammed on insurance

Buying a freehold and then adding to the ground-rent income by loading the insurance is such a well known money-making opportunity it even appeared in the Sunday Times personal finance section as a “good thing to do”. The absolutely brilliant bit about it is that leaseholders do not have to be told what the commission […]

TV journalist seeking information on the retirement industry

A TV production company is working on a story about the retirement home industry and would like to hear from people that have bought a leasehold retirement apartment built after 2009. All information will be dealt with in strict confidence, please get in touch with Sebastian O’Kelly: sok@leaseholdknowledge.com or 07808 328 230

Sub-letting fees should not be more than £40, landlords are told (four times by the Land Tribunal)

Inevitably retirement flats are going to fall empty at some point, as the residents go into care or die, which leaves the owners’ heirs will the problem of what to do with them. Selling up is often difficult, as values of retirement properties have crumbled as badly as small inner city flats. Sometimes even more […]

Sign up for a date with Janet Entwistle

A “Customer Research Meeting” organised by Peverel is to take place next Monday (June 11) in Westminster, with one earlier in the day in Solihul. The move is the initiative of chief executive Janet Entwistle, who joined the company three months ago after it was bought for £60 million by venture capitalists. Entwistle is eager […]