June 22, 2017

Archives for June 2013

LEASE threatens Leasehold Knowledge Partnership and demands apology

LEASE, the Leasehold Advisory Service, has demanded that the Leasehold Knowledge Partnership remove a critical article from its website and issue an apology, or it “reserves the right to take appropriate further action”. It is an open question what is meant by this threat, which comes in the form of a letter from LEASE chairman […]

Tchenguiz: is this the end?

Vincent Tchenguiz could lose a fifth of his freehold portfolio after failing to agree repayment terms on a £230 million debt with Lloyds Bank. The taxpayer-owned bank sought court approval on Thursday to appoint KPMG as administrators over more than 50,000 residential freeholds. It is not known which portfolios these may be. It is possible […]

My recipe for retirement leasehold happiness

By Michael Hollands Searching for the Ideal Retirement Home Despite all the horror stories I read I have not been totally put off and continue my quest. So far I have been searching for 3 years

Peverel meets Homepine House over £70,000 fire safety upgrade

Ninety residents were present at an “unruly” meeting at Homepine House yesterday to hear Peverel representatives justify a £70,000 fire safety system most do not want. It is unknown whether a representative of Damian Collins, MP for Folkestone and Hythe, was present, but a local newspaper journalist was.

Yet another desperate seller facing forfeiture …

Just received this: Dear Sebastian We are a charity which was helping an elderly lady living in a Peverel sheltered leasehold flat prior to her move to a Home and subsequent death in 2010. We had made some loans to the lady concerned and have been in touch with her son, who lives abroad, over […]

MP tells Metcalfe Court it has won ballot to end live-in house manager

The residents’ association at Metcalfe Court, in Romiley, Cheshire, has won its protracted and acrimonious struggle to end having a live-in house manager. The count of the vote was supervised in the London offices of freeholder Fairhold by local LibDem MP Andrew Stunell (left). Fairhold is a freehold owning company of the Tchenguiz Family Trust, […]

Prisk sets up mobile home advice line at LEASE

Housing Minister Mark Prisk has set up a dedicated advice line for park home owners at LEASE, the Leasehold Advisory Service. This is a “free and independent service, manned by experts who understand the issues faced by park home residents”, says Prisk. It can be contacted on: 0207 383 9800 or at www.lease-advice.org The change […]

Is our money safe if Peverel goes bust (again)?

Can anyone help this reader with his query about Peverel bank accounts? Please leave comments. I am contacting you to ask if you can give me some advice about an issue concerning Peverel Management Services. I am delegated by the leaseholders at XXX to deal with Peverel and Fairhold Homes on any matters concerning our […]

Homepine House involves MPs after Kent Fire Service says Peverel £70,000 ’elf ’n’ safety upgrade is unnecessary

Residents in Homepine House are involving MPs Damian Collins and Sir Peter Bottomley after being presented with a £58,000-£70,000 fire safety upgrade from Peverel, which they say is unnecessary. Kent Fire & Rescue Service also says the upgrade is unnecessary. In a letter to residents of December 12 2012, it writes: “Following the fire safety […]

Council ‘guesstimate’ £50,000 new roof blamed for death of leasehold owner aged 93

The family of a woman, aged 93, who died in her ex-council leasehold flat blames the council causing her death by submitting a “guesstimate” £50,000 bill for a new roof. It now appears that an LVT has accepted a surveyor’s report that the roof might have lasted another 40 years. Florence Bourne died in her […]

Metcalfe Court: Residents laugh at Fairhold “bullying” accusations

UPDATE: Fairhold ballot papers came with franked addressed envelopes dated May 23, but it is now an open question whether all the replies will be received. In a farcical turn of events, one resident went to the post office today to post her vote by registered post and was told that the franked envelop was […]

Retirement leasehold flat falls £119,000 in two years

Never, EVER buy property like this! Never use part-exchange schemes Don’t use a developer’s solicitor – that in itself is a disqualification If you absolutely insist on buying retirement leasehold – as opposed to renting first – then buy a re-sale property, not a new one with a “value” that’s just a salesman’s try-on Carlex […]