March 23, 2017

Downy Court seeks sale of house manager’s flat as residents vote on live-out service

Residents at Downy Court in Poole are voting to end their live-in house manager service at the end of the month as a way of cutting service charges.

The flat is one of hundreds owned by FirstPort that was granted a lease in 2009, when Vincent Tchenguiz, who owns the freehold, also owned Peverel, which became FirstPort last year.

The residents have already received £6,200 in LED lighting and FirstPort will put £5,000 into the contingency fund.

A two-bedroom flat at Downy Court is offered for sale at £118,000, so if the residents vote to end the in-house manager’s service they will also be making an extremely generous gift to FirstPort.