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Having fraudster Simon van Houten manage our flats cost us £100,000

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Fraudster managing agent Simon van Houten, 31, (left) told residents  he had dismissed their caretaker … only for them to discover that the man was still on the payroll two years later. The £32,000 in wages had been secretly paid out of their service charges. This shambles was only one incident at Sunlight Square, which for five years was managed by Van Houten when he was an executive with Rendall and Rittner. In July he was jailed for 30 months at the Old Bailey  for stealing £122,000 out of leaseholders service charges.

He used a bogus decorating company to issue numerous invoices that he then authorised for payment. He used the money to fund a luxury lifestyle in Chelsea, on the proceeds of funds he stole from leaseholders in east London.

Van Houten pleaded guilty before the trial began and as a result there was no evidence presented or cross-examination.

But LKP website reader Kym Turner, 54, an engineering surveyor, has provided an  account of Van Houten’s five-year management of the Sunlight Square development in Bethnal Green, in east London.

“On the face of it he was the nicest man imaginable, and he hated anything like a conflict situation,” said Turner. “But he was also a total crook who fiddled from us for years. I was so happy when I heard that he had been sent to prison, as he had given me months of stress and sleepless nights.”

The most spectacular example of Van Houten’s dishonesty was when the residents decided to sack the existing caretaker and appoint another.

Sunlight Square in Bethnal Green, east London, suffered from the management of Simon van Houten

“We had tried to make this relationship work for two years or so, and it just wasn’t possible. Simon at last said that he would deal with it and after a few months, during which this issue was supposed to have gone to an employment tribunal, Simon told us that the case had been won and the caretaker was dismissed. Then another was appointed.”

It September 2010, before Van Houten’s arrest, Sunlight Square residents replaced Rendall and Rittner as property managers with Hurford Salvi Carr.

“All of a sudden, we had our old caretaker knocking on the door demanding to know why his salary had been stopped. The auditors we called in could not believe that we had been employing two people to do the same job.”

In another incident, Van Houten bungled handling urgent roof repairs, supposedly employing a surveyor.

“We were desperate to get in touch with the surveyor after numerous delays, but Simon kept fobbing us off with excuses. When he did mention a name, we contacted the offices and they said they had never heard of Simon Van Houten or Sunlight Square. He had just made the whole thing up. All the time he lied and lied, making up the most elaborate fantasies. By this point the NHBC (National House-Building Council) warranty was out of date.

“I reckon having our property managed by Simon Van Houten cost us £100,000.”

The residents expressed their suspicions, not least because Van Houten would visit their site in a very expensive smart suit and a flash car. “We all thought there was plenty of money – our money, in fact – to be made from property management.”

Although Kym Turner claims that Rendall and Rittner “were blind” to Van Houten’s faults, he concedes that they did offer twice to replace him as the manager.

The post Having fraudster Simon van Houten manage our flats cost us £100,000 appeared first on Leasehold Knowledge Partnership.


Leaseholders’ money ‘safe’ from £1.3 million fraudster at Hurford Salvi Carr

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A rogue financial controller at property company Hurford Salvi Carr who plundered client accounts of £1.3 million did not make off with leaseholder funds. Stephen Hurford told LKP that the block management accounts were not touched by Karen Chin, 45, who was based at HSC’s London HQ in Clerkenwell. “Leaseholders’ money was not touch at […]

The post Leaseholders’ money ‘safe’ from £1.3 million fraudster at Hurford Salvi Carr appeared first on Leasehold Knowledge Partnership.

A gift from Tchenguiz is one to decline

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A tactic to undermine residents’ right to manage ambitions by Estates and Management – which manages the various freehold vehicles of the Tchenguiz Family Trust, based in the British Virgin Islands – is to offer to dump FirstPort and replace it with another management company. And here they are: CPBigwood, Inspired Property Management, Warwick Estates […]

The post A gift from Tchenguiz is one to decline appeared first on Leasehold Knowledge Partnership.

Redrow boss Steve Morgan talks to LKP

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It was back to the boom days last night for a champagne reception at the top of the Gherkin tower in the City. The event was hosted by Steve Morgan, legendary founder of Redrow, who was launching his exclusive ONE Commercial Street just to the east of the City. The apartments are to be managed […]

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St George’s under new management

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After the £1 million fiasco at St George Wharf, new managing agent wins an award! Last September, the Berkeley Group paid out £1 million to residents at the landmark St George Wharf (left), in Vauxhall, who had complained of loaded service charges, inter-company contracts and inflated insurance contracts. Nine months on, the new managing agent […]

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Executive guilty of plundering £122,000 from managing agents Rendall and Rittner

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An executive with managing agents Rendall and Rittner pleaded guilty on Monday to stealing £122,000 from his employers’ accounts. Simon van Houten, 31, from Southend in Essex, used bogus company invoices to scam the company, which manages some of the most prestigious residential buildings in London. Van Houten, a parish councillor at Paglesham, carried out […]

The post Executive guilty of plundering £122,000 from managing agents Rendall and Rittner appeared first on Leasehold Knowledge Partnership.

Van Houten abused trust of clients and colleagues, says Rendall and Rittner

Fraudster managing agent gets 30 months jail for using East Londoners’ cash to fund high life in Chelsea

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Simon van Houten, 31, was given a 30-month prison sentence at the Old Bailey this afternoon after pleading guilty to stealing £122,000 from leasehold service charge accounts held by London managing agent Rendall and Rittner. Van Houten carried out the fraud for two years between 2008 and 2010 by issuing invoices for a bogus maintenance […]

The post Fraudster managing agent gets 30 months jail for using East Londoners’ cash to fund high life in Chelsea appeared first on Leasehold Knowledge Partnership.


What is LKP?

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The Leasehold Knowledge Partnership exists to protect ordinary leaseholders from being fleeced by landlords and their agents. They exploit the many opportunities offered by this flawed form of property tenure. The LKP seeks to identify and accredit property managing agents who sign up to open accounting and straight dealing. They charge a clear fee for property […]

The post What is LKP? appeared first on Leasehold Knowledge Partnership.

Rendall and Rittner ‘confident’ to prevent another Simon Van Houten fraudster

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Managing agents Rendall and Rittner has “initiated a series of internal and external reviews of our systems and procedures” following the jailing last month of its employee Simon Van Houten, 31, for stealing £122,000 of leaseholder’s funds. Richard Daver, the managing director of the company, is quoted in today’s Property Week, as saying the company […]

The post Rendall and Rittner ‘confident’ to prevent another Simon Van Houten fraudster appeared first on Leasehold Knowledge Partnership.

Having fraudster Simon van Houten manage our flats cost us £100,000

Leaseholders’ money ‘safe’ from £1.3 million fraudster at Hurford Salvi Carr

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A rogue financial controller at property company Hurford Salvi Carr who plundered client accounts of £1.3 million did not make off with leaseholder funds. Stephen Hurford told LKP that the block management accounts were not touched by Karen Chin, 45, who was based at HSC’s London HQ in Clerkenwell. “Leaseholders’ money was not touch at […]

The post Leaseholders’ money ‘safe’ from £1.3 million fraudster at Hurford Salvi Carr appeared first on Leasehold Knowledge Partnership.

A gift from Tchenguiz is one to decline

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A tactic to undermine residents’ right to manage ambitions by Estates and Management – which manages the various freehold vehicles of the Tchenguiz Family Trust, based in the British Virgin Islands – is to offer to dump FirstPort and replace it with another management company. And here they are: CPBigwood, Inspired Property Management, Warwick Estates […]

The post A gift from Tchenguiz is one to decline appeared first on Leasehold Knowledge Partnership.

Rendall and Rittner buys Braemar Estates

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… and Braemar Estates only manages 14% of the Ground Rents Income Fund plc LKP asked Braemar Estates for clarification of its relationship with the publicly quoted Ground Rents Income Fund plc. It owns some freeholds with doubling ground rents and has offered to transfer them to RPI. Ground Rents Income Fund plc offers help […]

The post Rendall and Rittner buys Braemar Estates appeared first on Leasehold Knowledge Partnership.

VAT on house managers’ wages will cost leaseholders £50m a year


Battle for Canary Riverside resumes after court appointed manager steps down

Telegraph says buy Ground Rents Income Fund plc, which has fallen 31.6% and lost court action over Beetham Tower

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Telegraph says buy Ground Rents Income Fund plc, which has fallen 31.6% and lost court action over Beetham Tower

The Daily Telegraph share tipster Questor this week obligingly gave a puff to the troubled £73.5 million Ground Rents Income Fund plc, which has fallen 31.6% and recently lost a multi-million court action at Manchester’s Beetham Tower.

A spokesman is quoted saying that it has fallen nearly 16% because of “perceptions” over ground rents, while only 4% of the fund is made up of aggressive 10-year doubling ground rents.

The fund, which was set up by property manager Braemar Estates now part of Rendall and Rittner, is an example of how the once pedestrian world of residential property management became big business through the hyper inflation of UK housing stock.

Continue reading Telegraph says buy Ground Rents Income Fund plc, which has fallen 31.6% and lost court action over Beetham Tower at Leasehold Knowledge Partnership.

Has The Times report ended bnb raves at West India Quay – where landlord John Christodoulou and manager Rendall and Rittner failed?

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Has The Times report ended bnb raves at West India Quay – where landlord John Christodoulou and manager Rendall and Rittner failed?

The Times’s report of unlawful bnb raves at the prime London Docklands site West India Quay may have stopped flats being rented out where landlord John Christodoulou and property manager Rendall and Rittner failed.

One £1.5 million flat belonging to a former prime minister of Thailand has been removed as a rental property from the tech portal.

Illegal raves make life hell at tower block of billionaires

Residents of an east London skyscraper say they have had to endure a spate of illegal raves taking place in luxury flats let on a short-term basis.

Continue reading Has The Times report ended bnb raves at West India Quay – where landlord John Christodoulou and manager Rendall and Rittner failed? at Leasehold Knowledge Partnership.

Rendall and Rittner … no insurance commissions, but it owns an offshore ‘captive’ insurance company making a 40% profit on leaseholders’ premiums

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Rendall and Rittner … no insurance commissions, but it owns an offshore ‘captive’ insurance company making a 40% profit on leaseholders’ premiums

Rendall & Rittner, a leading managing agent, boasts to leaseholders that it does not take commissions on block insurance, but it does own an offshore ‘captive’ insurance company in Guernsey that routinely makes a 40% profit on premiums.

LKP has been contacted by concerned leaseholders, and the issue was raised with the Financial Conduct Authority by LKP attended by the three APPG co-chairs – Sir Peter Bottomley, Justin Madders and Sir Ed Davey – on April 26.

Continue reading Rendall and Rittner … no insurance commissions, but it owns an offshore ‘captive’ insurance company making a 40% profit on leaseholders’ premiums at Leasehold Knowledge Partnership.

Financial Conduct Authority under pressure to force open secretive insurance commissions, so leaseholders can see what they are paying for

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Financial Conduct Authority under pressure to force open secretive insurance commissions, so leaseholders can see what they are paying for

By Harry Scoffin

The City regulator is facing calls – long made by Leasehold Knowledge Partnership – to close a loophole that allows building owners to inflate insurance premiums, of which commissions as high as 72 per cent are being dumped on unsuspecting flat leaseholders.  

On Wednesday, the Independent reported that “LKP wants the Financial Conduct Authority to tweak its rules around insurance to recognise leaseholders as parties to buildings insurance policies taken out by freeholders.

Continue reading Financial Conduct Authority under pressure to force open secretive insurance commissions, so leaseholders can see what they are paying for at Leasehold Knowledge Partnership.

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