May 23, 2017

Archives for April 2015

Michelle Banks quits property managers’ trade body ARMA

Michelle Banks, the ARMA chief executive, is to step down in July. The announcement to ARMA members comes from ARMA chairman Martin Perry. “ … sadly I have to announce that Michelle Banks will not be joining us in this next phase [of ARMA-Q] having taken the decision to join her husband in retirement. “Michelle […]

We save money living at Woodchester Valley Village … but then we do all own it ourselves

When his retirement village outside Stroud, in Gloucestershire, went bust – with many of the leasehold properties unsold – Peter Wilson and the other residents decided to buy the site off the administrators, raised £2 million and now run the site themselves. The result is Woodchester Valley Village, a mutual ‘not for profit’ retirement village. What the elderly residents […]

Pier Management sends £120 subletting demand to the dead …

… Which did not even need to be paid by the living Leasehold reached a new low with Pier Management demanding a subletting fee from a man who is dead. Nor was a sublet fee payable had Mr A Gaffney, of Dublin, been alive. Pier Management admitted it had not read the lease before demanding […]

Three MPs that are worth voting for if you are a leaseholder

Carlex / LKP has no political affiliation, and our three MP patrons – Sir Peter Bottomley, Jim Fitzpatrick and Ed Davey – come from the three main political parties. The below explains what they have done for leaseholders: Sir Peter Bottomley (Conservative) represents Worthing West, which has a high number of flats and retirement sites. […]

Telegraph asks: Should you really buy a retirement property?

The Daily Telegraph yesterday published an excellent balancing article to the usual advert-friendly dross that accompanies features on retirement housing. It can be read here. Please do comment on it (and here, of course). Written by Fleet Street veteran Liz Hodgkinson, the article addresses the points raised by Carlex – which every would-be buyer of […]

ARMA ends four-month farce after finally saying who its members are …

But don’t feel any obligation to join on our account! ARMA has finally published a list of its full members – more than four months after making the more rigorous ARMA-Q the criteria for membership. Until today, the only clue as to who was a member of ARMA was the stream of congratulations posted on […]

Whistleblowers to the Serious Fraud Office ‘wasting their time’

Bad news for LKP / Carlex, our MP patrons, and anyone else who cares about the Sisyphean labour of trying to encourage integrity and honesty in our corporate governance. The law firm Pinsent Masons has found that 2,500 whistleblowers approached the Serious Fraud Office, but that only resulted in a dozen investigations. No great surprise, […]

Court of Appeal throws right to manage law into chaos

UPDATED with analysis of the decision below Right to manage legislation is in chaos following Friday’s Court of Appeal decision to prevent RTM companies from managing more than one building at a site. The decision drives a hole through current RTM legislation and, in LKP’s view, can only be addressed with primary legislation. It means […]