March 25, 2017

Archives for February 2017

Israel Moskovitz humiliated as Elim Court wins right to manage in Court of Appeal

Elim Court, a retirement site in Plymouth, learned today that it had won its epic battle for right to manage in the Court of Appeal against its landlord Israel Moskovitz. His Avon Freeholds Limited managed the site through Y and Y Management, run by business associate Joseph Gurvits. Y and Y is a management company […]

Fryzer Property Services lifts ‘ban’ on relatives at major works meeting

Residents at Oakland Court, in Worthing, West Sussex, were told that “friends, relatives and carers” could not attend a meeting next week to discuss major works at the site. The ban came from Fryzer Property Services, but has now been rescinded after indignant residents contacted Carlex. We in turn referred the matter to the local […]

Victoria Derbyshire told ‘we must end cheating speculators in leasehold housing’

Shady speculators in UK property assets including residential freeholds were raised on the BBC TV’s Victoria Derbyshire show yesterday.  It can be viewed here at 1:44 Sebastian O’Kelly, of LKP, said in an interview: “We are told that residential freeholds are bought by pension funds and that it pays for your and my pensions. “Absolute […]

‘If I fail to offend anyone, I will do it next time,’ Bottomley tells appalled LEASE conference

Leasehold sector insiders were aghast at the address given by Sir Peter Bottomley on Wednesday at the Leasehold Advisory Service “annual conference”. The event was packed with surveyors, valuers, lawyers and property managing agents paying £350 a head to attend what has until now been the most important trade show of the sector. Earlier housing […]

Housing minister says LEASE must be on the side of leaseholders, and promises more money

The Leasehold Advisory Service will be funded so that it can unambiguously represent the interests of leaseholders without dependence commercial deals with the sector, the housing minister Gavin Barwell said yesterday. “This means information must be free in financial terms, but it must also be free from any bias; impartial; a service dedicated to leaseholders,” […]

Housing minister urges transparency over retirement exit fees

Gavin Barwell urged greater transparency over retirement exit fees as the Leasehold Advisory Service “annual conference” yesterday. “More than one in 12 people in the UK will be aged over 80 by 2039, according to the National Office for Statistics. “The UK’s population is set to rise by over 4 million in the next decade, […]

The day the Leasehold Advisory Service was returned to leaseholders

– Sector insiders paying £350 each at LEASE’s ‘annual conference’ are told by housing minister Gavin Barwell that leaseholders are the priority – It will be given the funds to do its job properly without pandering to the commercial interests in leasehold – Onerous ground rents wrong, says minister. But chartered surveyor valuers tell audience how to […]