May 23, 2017

Been ripped off over leasehold insurance? Take your complaint to the secret ombudsman, says Peverel

UPDATE April 18, 15.55 Peverel statement at the end of the article A retirement leasehold resident disputing Kingsborough insurance commissions with Peverel has been told she must take her dispute to an ombudsman, whose rulings are not published. Joan Wade, who has lived at Grasmere Court in Worthing since 2003, was appalled to receive a […]

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 […]

A commission fit for a Kingsborough … Peverel’s way with insurance

In leasehold blocks, it is the landlord’s responsibility – and perk – to arrange the building’s insurance, though  as with everything else, it is the residents who pay. Where Peverel is the management company, it has until very recently used its sister company Kingsborough – which was also also part of the Tchenguiz Family Trust […]