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Dudley Joiner’s Team Property Management goes down the plughole owing £635,958

By Sebastian O'Kelly on Mar 07, 2021 12:04 pm
Dudley Joiner’s Team Property Management goes down the plughole owing £635,958

Dudley Joiner’s Team Property Management went bust owing £635,958.61, according to the liquidator’s report (below).

His company the Right To Manage Federation Limited, which is not a federation but a private facilitator of right to manage applications, is still trading.

He informed told LKP in 2015 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 Trade and Industry.

Continue reading Dudley Joiner’s Team Property Management goes down the plughole owing £635,958 at Leasehold Knowledge Partnership.


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Pensioner loses £130,000 to escape Roseland Parc Retirement Village. But it is worth it, she says …

By Sebastian O'Kelly on Mar 07, 2021 11:10 am
Pensioner loses £130,000 to escape Roseland Parc Retirement Village. But it is worth it, she says …

A leaseholder in Roseland Parc Retirement Village, Cornwall, is facing a £130,000 loss on a £350,000 flat in order to move out, but says it is worth it.

Eileen Osborne, 72, moved into the property more than 10 years ago, but has now purchased another home locally and has moved out.

She is trying to sell the flat for £275,000, but when she does so she will have to pay 12 per cent of the price as an exit fee to Retirement Villages Limited.

Continue reading Pensioner loses £130,000 to escape Roseland Parc Retirement Village. But it is worth it, she says … at Leasehold Knowledge Partnership.


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NHBC controls up to 90% of new build warranties: law professors raise concerns …

By Sebastian O'Kelly on Mar 06, 2021 11:54 am
NHBC controls up to 90% of new build warranties: law professors raise concerns …

Many leaseholders in cladding sites would agree that NHBC is recognised …

Unwitting purchasers of new build property may feel reassured by the ‘NHBC Buildmark Cover’: a warranty provided by the National House Building Council.

In fact, the NHBC is simply a private company limited by guarantee and has no official standing.

It appears that 95 per cent of home purchasers will not have even seen the warranty provisions at exchange of contracts, according to solicitors acting for claimants.

Continue reading NHBC controls up to 90% of new build warranties: law professors raise concerns … at Leasehold Knowledge Partnership.


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Barrister Justin Bates torpedoes another RTM for Moskovitz / Gurvits: leaseholders face £100,000 bills

By Admin4 on Mar 04, 2021 10:56 pm
Barrister Justin Bates torpedoes another RTM for Moskovitz / Gurvits: leaseholders face £100,000 bills

Canary Gateway leaseholders have just lost £100,000 on a failed RTM, have aggressive 15-year doubling ground rents and, like every other sizeable new block in the country, has EWS1 issues to address

Justin Bates: the go-to guy to stuff a leaseholders’ right to manage application, rather sniffily called a “cottage industry” by Philip Rainey QC (who’s done a bit of stuffing of RTMs himself, to be fair)

The one-man right to manage demolition barrister Justin Bates has scored another victory against leaseholders for freeholder Israel Moskovitz and property manager partner Joseph Gurvits.

Continue reading Barrister Justin Bates torpedoes another RTM for Moskovitz / Gurvits: leaseholders face £100,000 bills at Leasehold Knowledge Partnership.


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Pensioners in retirement housing face £150,000 fire safety bill, but McCarthy and Stone isn’t reponsible (nor is FirstPort, and NHBC hasn’t responded)

By Sebastian O'Kelly on Mar 04, 2021 11:16 am
Pensioners in retirement housing face £150,000 fire safety bill, but McCarthy and Stone isn’t reponsible (nor is FirstPort, and NHBC hasn’t responded)

And flats at Cestrian Court, built in 2008, have dismal resale values of £40,000 in 2020 (sold new by McCarthy and Stone: £153,950); £55,000 in 2019 (new: £142,950) and £85,000 in 2018 (new: £154,508)

Cestrian Court, in Chester-le-Street, Co Durham, is face huge bills for historic build safety costs, including a waking watch fire warden service … but no one is to blame so leaseholders face the bill

Pensioners at Cestrian Court in Chester-le-Street, Co Durham, are looking at bills for £150,000 to put right historic build defects even though the site was only built by McCarthy and Stone in 2008.

Continue reading Pensioners in retirement housing face £150,000 fire safety bill, but McCarthy and Stone isn’t reponsible (nor is FirstPort, and NHBC hasn’t responded) at Leasehold Knowledge Partnership.


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Housing crisis. Possible banking crisis. And lease forfeitures ‘very, very soon’, Communities Select Committee is warned

By Sebastian O'Kelly on Mar 02, 2021 03:17 pm
Housing crisis. Possible banking crisis. And lease forfeitures ‘very, very soon’, Communities Select Committee is warned

Veteran Labour MP chairs the influential Communities Select Committee, which stood up for leaseholders over ground rents and is now deeply concerned about the cladding and building safety disaster

Parliamentlive.tv

Subject: Cladding Remediation – Follow-up Witness(es): Dr Dean Buckner, Trustee, Leasehold Knowledge Partnership; Dr Nigel Glen, CEO, Association of Residential Managing Agents; Dr Will Martin, Co-Founder, UK Cladding Action Group Witness(es): The Lord Porter of Spalding CBE, Fire and Building Safety Spokesman, Local Government Association (LGA); Kate Henderson, Chief Executive,

The disaster unfolding in flats over building safety is going to cause a housing crisis and possibly a banking crisis, and leaseholders are going to start losing their homes “very soon”.

Continue reading Housing crisis. Possible banking crisis. And lease forfeitures ‘very, very soon’, Communities Select Committee is warned at Leasehold Knowledge Partnership.


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Should I extend my lease now or wait for government reforms?

By Sebastian O'Kelly on Mar 02, 2021 10:56 am
Should I extend my lease now or wait for government reforms?

Richard Murphy, of chartered surveyors Richard John Clarke, has won a succession of tribunal cases on behalf of leaseholders that have saved them tens of thousands of pounds

By Richard Murphy

The purpose of this article it to look at the proposals announced by the Government (7 January 2021) and help leaseholders make an informed choice of what the impact is going to be for them in financial terms. Should they wait for the changes to be implemented before seeking a lease extension or purchasing their freehold?

Continue reading Should I extend my lease now or wait for government reforms? at Leasehold Knowledge Partnership.


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Recent Articles:

Bankruptcies for leaseholders and billions entrusted to freeholders and their managers, APPG told
As 17% of cladding leaseholders consider bankruptcy, LKP funding proposal offers alternative to successive crises facing flat-owners
Why the law won’t help cladding leaseholders
LKP response to Robert Jenrick £3.5bn ‘exceptional intervention’ to cladding high-rises today
Question Time: Zoom meeting with LKP cladding funding proposal team, Tuesday 5pm February 9 2021
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