Pensioners at two Stonewater housing association retirement sites are said to be seeking right to manage using Freemont Property Managers – the company founded by ex-Peverel politburo members. Some held senior positions in the company when Peverel’s subsidiary Cirrus was systematically cheating pensioners in a price fixing racket that was busted by the Office of […]
Just as George Osborne backs huge expansion of the wretched state of retirement housing provision in this country, up pops the Law Commissioner Stephen Lewis to point out one aspect that is very wrong with it: exit fees, or now called event fees. And he wants to hear your views on the subject before January […]
Leasehold exit and sublet fees have been referred to the Law Commission, which will almost certainly be the end of them. This means anyone selling or renting out a retirement or non-retirement flat should keep all documentation with a view to making a claim in two and half years time.
… But it wants further feedback, so let them have it! … Oh, and you are all happier than those in non-retirement flats! The Competition and Markets Authority (CMA) has today issued an update on its market study (see below) into the provision of residential property management services in England and Wales. LKP / Carlex […]
The Office of Fair Trading today announced its leasehold management inquiry and will include housing association and council leaseholders. The scope is defined here This was a key point urged by Carlex and, largely on its prompting, more than 100 leaseholders wrote to the OFT demanding their inclusion.
The Office of Fair Trading today announced a full investigation into leasehold in England and Wales. The announcement has been prompted by the campaigning of the Leasehold Knowledge Partnership (www.leaseholdknowledge.com) and its sister website Carlex (www.carlex.org.uk), the Campaign Against Retirement Leasehold Exploitation. In September LKP / Carlex involved prime minister David Cameron in the issue […]
The feeble deal between the Office of Fair Trading and the Tchenguiz Family Trust over retirement leasehold exit and subletting fees – the one in July 2012 where the OFT said they were an unfair contract but, no, it was not going to do anything about them – has been clarified to Carlex today. It […]
Energy Secretary Ed Davey demanded answers this afternoon from the Office of Fair Trading over its tardy investigation into the Peverel / Cirrus price-fixing scandal. He and Sir Peter Bottomley, MP for Worthing West, wanted to know why the investigation was so protracted and why Peverel was offered a 100 per cent leniency deal. Peverel […]
UPDATE July 10 2013: Carlex received this email from the Office of Fair Trading this afternoon, shortly after a Carlex meeting with Sir Peter Bottomley: I am the team leader for the OFT’s investigation into certain access control and alarm systems companies, with respect to which the OFT issued a Statement of Objections on 5 […]
Parliament should end the levying of transfer fees – that is, exit fees and sub-letting fees – or allow the Leasehold Valuation Tribunals to rule on their reasonableness, This is one of the key findings in the Office of Fair Trading’s prolonged investigation – published today – into a lucrative and unjustifiable earner that is […]
Veteran Carlex supporter Susan Wood is considering legal action against the retirement development landlord Fairhold on the thorny issue of exit fees and wants back £1,150. The case concerns her deceased father’s flat at Kings Court, in Sheffield, where Wood and her two siblings were charged two per cent exit fees on sale. One per […]