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 […]
Campaign against retirement leasehold exploitation is right to ‘expose outrageous behaviour of cowboys’, says Law Commissioner Stephen Lewis
July 22, 2015 By
Campaign against retirement leasehold exploitation has been right to expose “expose the outrageous behaviour of cowboys” in the retirement housing sector, the Law Commissioner Stephen Lewis told MPs and key leasehold figures at Westminster. The Law Commissioner, who is presiding over an inquiry into leasehold “event fees” (triggered by events such as sale or subletting), […]
Campaign against retirement leasehold exploitation becomes a registered charity
July 11, 2015 By
The Charity Commission this week approved the Leasehold Knowledge Partnership / Campaign against retirement leasehold exploitation as a registered charity. Its registered details and charitable objectives can be read on the commission’s website here “We are satisfied that LEASEHOLD KNOWLEDGE PARTNERSHIP is a charity and it has been entered onto the Register of Charities with […]
Peverel / FirstPort paid ‘£40,000′ of residents’ contingency fund money to Mr Tchenguiz ‘by mistake’
March 5, 2015 By
In an extraordinary admission, Peverel / FirstPort says it has paid over thousands of pounds of contingency funds at Hillside Court, Ormskirk, to the landlord “by mistake”. Residents estimate that up to £40,000 is at issue, involving the one per cent contingency fund fess payable on sale of the properties.
Law Commission investigates retirement transfer fees
February 10, 2015 By
The Law Commission is reporting its work into the issue of retirement leasehold exit fee here Anyone who has paid these fees, can contact the Law Commission on this email address: transfer_fees@lawcommission.gsi.gov.uk Following a considerable amount of activity by Campaign against retirement leasehold exploitation, the issue of exit and subletting fees was taken up by […]
‘Curtains for exit and sublet fees’ by Law Commission … but not until March 2017
September 24, 2014 By
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.
