March 25, 2017

Archives for January 2014

Fury at Anchor Trust may spill into right to manage mutiny

Godman’s Court, a retirement site run by Anchor Trust near Horsham in Sussex, is in a state of indignation over a demand for more money. They have been presented with a demand for a 30 year projection of works, which means contributions to the contingency fund must increase. Residents in 21 flats face a demand […]

Surge in right to manage interest after trust in Peverel evaporates

The Right To Manage Federation is reporting a surge in interest in right to manage as the media takes up the Peverel / Cirrus price fixing scandal. FULL LIST OF PEVEREL’S SCAM SITES The Office of Fair Trading issued its final report into the cartel – where stooge companies bid against Peverel’s own subsidiary in […]

My six week wait … to pay Estates and Management £5,000

Helena Taylor, the daughter of a former resident in retirement leasehold, is furious that the sale of the property has been delayed by six weeks by Estates and Management.

House manager costs rise nine per cent at Anchor

Any assistance for this reader? I live in an Anchor Leasehold apartment, and our budget for next year has just been submitted to us residents. Our Estate Managers costs have risen by 9%, and on asking why we have been told that it is due to the requirement of the estate manager having a free apartment and […]

‘Peverel and Cirrus ripping off leasehold owners’ … ‘tricksy freeholders’ … ‘the corrupt ruining lives’. Another average day in the Commons …

…  a minor change in leasehold law was interesting by passing comments to what is now generally accepted   The Leasehold Knowledge Partnership – Carlex’s sister website – estimate on the number of leasehold owners was repeated in the Commons today. This is a coup for Martin Boyd (left), LKP stalwart and chairman of the […]

OFT’s ‘leniency’ deal saved Peverel / Cirrus £4m in fines, says The Oldie

The cleverness Peverel demonstrated over the Cirrus scam was revealed in The Oldie magazine this week. Had Peverel not suddenly decided to come clean in December 2009 – just after the issue had been reported in the Times, but before the full Carlex submission arrived in January 2010 – it could have been fined 30 […]

Contact Carlex before buying a leasehold retirement flat, says Daily Mail

By Sebastian O’Kelly Advice from the Daily Mail last week on buying a leasehold retirement property: contact Carlex first! Well, at least you will get the downside of this property transaction. Any purchaser must understand – as an experienced property investor put it to me last week – McCarthy and Stone and Peverel are absolute […]

Carlex / LKP plans leasehold meetings around the country

Following Saturday’s leasehold owner meeting in Epsom, Carlex is prepared to hold meetings around the country. We feel that these are best held at the retirement sites themselves. The point being, that it is those unpersuaded by right to manage or confronting unscrupulous or monetising freeholders and managing agents who most need to attend. Last […]

Cut out the nonsense and pay up for Peverel cheating! Cabinet minister tells Janet Entwistle

‘… On this issue you seem unwilling to listen, learn or improve’ Energy Secretary Ed Davey has today told Peverel chief executive Janet Entwistle to pay a “much larger compensatory offer” for running a price-fixing cartel. In December Peverel subsidiary Cirrus was found to have been running bid-rigging tendering for contracts worth £1.4 million at […]

The Independent covers Cirrus and other leasehold scandals

Last Saturday, The Independent wrote a wide-ranging report on leasehold issues including the Cirrus scandal and the need for reforms. Headed ‘The secret of how to give your flat a new lease of life … ‘  it was, in fact, a round-up of: the Cirrus scandal, the OFT investigation into leasehold (the scope of which concludes on […]

January 18: Carlex leasehold meeting in Epsom

Carlex is holding a meeting for retirement leasehold owners on January 18. The meeting will be addressed by Sebastian O’Kelly and Martin Boyd, of Carlex / Leasehold Knowledge Partnership. The issues under discussion will include:

Little warmth in this masonic handshake as Peverel website removes news of winning a new block

On the day the Office of Fair Trading announced its findings into the Cirrus scandal, Peverel Retirement declared it had won a new client: the Royal Masonic Benevolent Institute. Peverel would be taking over the management of the 13-flat Farnfield Court in Croydon, south London. The beleaguered property management – which has lost all its […]