May 30, 2017

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 […]

Hanover: 21 house manager flats sold ‘after taking advice’

The Hanover housing association has no set procedure for selling off house manager flats at its 104 retirement sites. It has already sold 21 flats – more here. As leases vary, each site is assessed individually and advice is obtained, Hanover has told Carlex in a statement: “There is some variation in Hanover’s leases, because […]

Mounting concern as Hanover has sold 21 house manager flats

Hanover residents are becoming increasingly concerned that the supposedly not-for-profit housing association is mining value out of their sites by flogging off the house manager flats. Leonard Hackett Court in Bournemouth had its house manager flat sold in June for £105,000, while others report Hanover seeking planning consent to enhance value before putting the properties […]

£750,000 lost in SmartSource Water scandal

Following up the Carlex story of Hanover losing £500,000 over the SmartSource Water scandal, it now emerges that Housing 21 lost £250,000. Inside Housing, the newspaper for social housing providers, says SmartSource Water was like a “pyramid scheme” which has left several housing associations among creditors facing millions of pounds of combined losses.

Hanover housing association faces mutiny at Leonard Hackett Court

– House manager’s flat sold for £105,000, with £15,000 paid into reserve fund – Unexplained ‘goodwill payments’ over management disputes – Hanover addresses disastrous £500,000 loss in Smartsource Water – Former executives say ‘it wasn’t our fault’ – Grumbling over exclusive Hurlingham Club beano for Hanover staff   Residents at Leonard Hackett Court, in Bournemouth, […]

Why are housing associations exempt from Freedom of Information Act?

Why are housing associations exempt from Freedom of Information Act? Carlex has received inquiries concerning a disastrous investment by the Hanover housing association of £500,000 in Smartsource Water. The supplier offered 8.3 per cent “guaranteed savings and price protection” to consumers, but it went bust in October last year. Some Hanover residents are finding the […]

AHRM: now we DO want to talk about Cirrus …

Within hours of Carlex reporting ARHM’s silence over the Peverel / Cirrus price-fixing scandal, we received another email from Paul Silk, chairman of the trade body. On this occasion, he did address the issue of Cirrus sponsoring last month’s ARHM annual conference. His full correspondence is below, and includes the justification that the events took […]

After SEVEN months, the ARHM breaks its silence over the Peverel / Cirrus scandal to say … ‘no comment’

… and yes, of course, Cirrus was a co-sponsor to its annual meeting two weeks ago The Association of Retirement Housing Managers has finally made a statement about the Peverel / Cirrus price-fixing racket. But it amounts to making no comment at all. The ARHM chairman Paul Silk, who is employed by the Hanover housing […]

ARHM will not explain why it expelled Retirement Security, but it was ‘nothing to do with Keith Edgar’

The expulsion of Retirement Security from the Association of Retirement Housing Managers (ARHM) had nothing to do with the role of Keith Edgar, Carlex has been told. Paul Silk, the ARHM chairman, informed Carlex: “The statement which has been provided to members is the extent that we wish to make comment on this matter save […]

Hanover: we wanted court case on exit fees, but OFT doesn’t

Devastating criticism of bungling OFT investigation by housing association that manages 17,000 retirement properties By “Barrack-room Lawyer” The Hanover Housing Association, which manages 19,000 retirement properties, has issued a devastating criticism of the Office of Fair Trading for its bungling investigation into exit fees. The transfer fees that leaseholders pay when retirement properties are bought […]