May 23, 2017

Abysmal retirement housing values revealed on the Land Registry

Carlex examines official re-sale prices for McCarthy and Stone, Churchill Retirement Living, Audley Retirement, Retirement Villages, Retirement Security, Anchor and Pegasus A dismal picture of retirement housing values on re-sales is revealed by Carlex from figures in the Land Registry. For years we have been saying that retirement property can be a most dubious residential […]

ARMA humiliates FirstPort over house manager flat sales

Humiliating criticism for the trouble property manager, but the path is now clear for it to apply for membership of the trade body The regulator of the Association of Residential Managing Agents (ARMA) has admonished on two counts Peverel / FirstPort Retirement, which was applying to join the organisation. But the decision means the controversial […]

Unreasonable service charges, undeclared conflict of interests, jobs for the boys: here is where to complain

The ARHM code is very good – and often completely ignored. Read it. Make your complaint to enquiries@arhm.org. Copy to your MP, to Sir Peter Bottomley peter.bottomley.mp@parliament.uk and to Carlex sok@leaseholdknowledge.com. It may make a difference. And it costs nothing. (Please no frivolous complaints or grudges against property management staff) The Association of Retirement Housing Managers […]

Boughton Hall’s £950,000 freehold for sale and it pays out 22% a year …

(… unless Law Commission’s exit fee report ends this income stream) It is not often that you are made an offer that it would be simply madness to refuse, and it is a great shame for the elderly at Boughton Hall in Chester that it has come so late in their lives. The 80 residents […]

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 […]

Metcalfe Court: how a retirement site has benefited from RTM (including 20% savings compared with FirstPort)

The road to RTM After an embittered struggle with the Tchenguiz organisation – which also saw the involvement of two MPs – Metcalfe Court, in Romiley, in Cheshire, broke free and took over its right to manage last February. Below the RTM directors write to Carlex / LKP to share their experience with our readers. […]

Dudley Joiner: It is not relevant that I was disqualified from being a company director for 7 years

Dudley Joiner, the businessman offering services to leaseholders, has told LKP / Carlex that being disqualified as a company director for seven years has “no relevance to my current activity”. The ban was imposed between 1993 and 2000 in the Chancery Division of the High Court following an action by the Secretary of State for […]

Peverel / FirstPort pays back £39,377 wrongly taken from Hillside Court, but residents say another £3,498 is owed

UPDATE March 12 2015: The residents estimate that the underpayment still outstanding now amount to £4148, not £3,498. The amendment concerns a flat sold in August 2001. Carlex strongly advises the residents not to accept that this matter is concluded until all the data is thoroughly examined, ideally by a third party.  This money is […]

Should the RTMF take Elim Court’s flawed right to manage application on to the Court of Appeal?

Carlex / LKP has serious concerns about events at Elim Court in Plymouth, whose right to manage application failed on appeal last month. The application is being handled for the residents by the Right To Manage Federation, headed by Dudley Joiner, which has repeatedly stated that it is assuming all legal costs in the matter.

Now Anchor wants to grab a £160,000 house manager flat … for £10,000

After Carlex revealed that Hanover had sold 21 house manager flats, the cash-strapped Anchor is proposing to do the same. Residents at Welland Mews, in Stamford in Lincolnshire, were this morning asked whether they want to continue with a resident house manager as the post is vacant. If they agree to this a formal ballot […]

Seven months after buying our retirement flat, we have put it up for sale

– Couple deeply regret hasty decision – Why did they not RENT instead? – Churchill satisfied with sales procedures A couple who bought a one-bedroom retirement flat deeply regret making the hasty decision and were desperate to sell up – only seven months later. Evelyn Matthews, 78, and her husband Stan, 94, bought the one-bedroom […]

Beyond belief: price-fixing cheat Glyn Jackson is – AGAIN! – back at Peverel sites

Eight months after the Office of Fair Trading revealed the Cirrus collusive tendering scandal, scamming contractor Glyn Jackson is again working on retirement sites managed by Peverel. Glyn Jackson, whose company did not pay an OFT fine of £35,700 after going into liquidation, is this week installing similar electronic systems with a new company at the Adelphi […]