OFT website outlining the agreement is here http://www.oft.gov.uk/news-and-updates/press/2012/77-12 August 2012: The Office of Fair Trading (OFT) has secured undertakings from Fairhold Homes Ltd and associated companies (Fairhold) owned by the Tchenguiz Family Trust to change how they charge and enforce transfer fee terms in their 53,000 retirement home leases. The OFT has been investigating exit fees, […]
Haig Court residents win back £6,123 off Fairhold
August 8, 2013 By
Residents at Haig Court, in Chesterton, Cambridge, who were facing a 20 per cent hike in the notional rent of the house manager’s flat have now been offered a £6,123 repayment – after contacting Campaign against retirement leasehold exploitation. The residents’ association was stunned that the freeholder Fairhold, part of the Tchenguiz Family Trust, proposed […]
Mere Court residents should vote as they wish, but tell Peverel it cannot sell the house manager’s flat until its ownership is clear
August 2, 2013 By
… the area manager was telling residents the flat was ‘part of estate’ only three months ago Mere Court residents have been given until August 19 by Peverel to vote on whether they want a live-in house manager. If they don’t, the flat will be sold. They should vote as they wish and according to […]
Bottomley: ‘possible criminal behaviour involving Peverel’ over tendering scams
July 11, 2013 By
Articles in The Times in 2009 also show Campaign against retirement leasehold exploitation had publicly raised the issue of Cirrus’s tendering scams before Peverel turned itself in Sir Peter Bottomley has waded into the Peverel price-fixing scandal by publicly doubting whether the company had “confessed” to the Office of Fair Trading before being alerted […]
Service with a snarl: anatomy of a leasehold ground rent demand
February 15, 2013 By
A Campaign against retirement leasehold exploitation reader has got in touch with his leasehold ground rent demand from Estates and Management, which he feels is a little peremptory and abrupt. So, let’s take a look. Before doing so, it is worth informing any new readers that the Tchenguiz Family Trusts owns one per cent of […]
Exit fees court battle fails … but it cost Fairhold thousands and Campaign against retirement leasehold exploitation now has its legal argument why it believes the contract terms are fair
January 5, 2013 By
Susan Wood failed in her court struggle earlier this week to be reimbursed the £1,150 in exit fees paid when her late father’s flat was sold in 2010. Wood argued that as the fee was for a service that was not carried out – ostensibly to vet the capability of the flat’s purchaser for “independent […]
Charter Quay keep out County Estates Management
February 29, 2012 By
Charter Quay, Kingston: its LVT victory is the most damning document against the whole leasehold racket 29.02.2012 Today the LVT published its decision for HML Andertons to continue as their Tribunal appointed managing agent at Charter Quay, Kingston, until the end of 2014. In their findings the Tribunal made very strong criticisms of their Tchenguiz […]
