What is LKP?
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...
View ArticleRendall and Rittner ‘confident’ to prevent another Simon Van Houten fraudster
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...
View ArticleHaving fraudster Simon van Houten manage our flats cost us £100,000
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...
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Leaseholders’ money ‘safe’ from £1.3 million fraudster at Hurford Salvi Carr
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...
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A gift from Tchenguiz is one to decline
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 –...
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Rendall and Rittner buys Braemar Estates
… 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...
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VAT on house managers’ wages will cost leaseholders £50m a year
Changes to impose VAT on the salaries of house managers and concierges in blocks of flats will add £50 million to service charges, Rendall and Rittner tells LKP. Founder Duncan Rendall said: “This is a...
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Battle for Canary Riverside resumes after court appointed manager steps down
The toxic disputes between leaseholders at Canary Riverside and their freehold owner John Christodoulou had another airing over three days in the property tribunal this week. At issue is the decision...
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Telegraph says buy Ground Rents Income Fund plc, which has fallen 31.6% and...
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...
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Has The Times report ended bnb raves at West India Quay – where landlord John...
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...
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Rendall and Rittner … no insurance commissions, but it owns an offshore...
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...
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Financial Conduct Authority under pressure to force open secretive insurance...
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...
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Hackitt and Knight back dumping unregulated sector-insider ‘building safety...
Dame Judith Hackitt changes gear favouring insider ‘building safety managers’, after telling The Guardian she was ‘shocked’ leaseholders ‘were being exploited … and seem to have no right to challenge...
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Rendall and Rittner managing agent who stole £122,000 for a ‘Made in Chelsea’...
The case of Simon van Houten, 31, is a cautionary tale of a rogue managing agent making free with leasehold owners’ funds. Van Houten, 31, was given a 30-month prison sentence at the Old Bailey in July...
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Conservatives and RICS kicked back at insurance kickbacks in 2006....
By Harry Scoffin The ruling Conservative party was kicking back at brokers and freeholders over insurance kickbacks and commissions as early as 2006, Leasehold Knowledge Partnership can reveal, with...
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Rendall & Rittner makes nearly £1 million a year in gas and electricity...
By Liam Spender With energy prices sky-rocketing, Rendall & Rittner leaseholders will be concerned to learn that their managing agent receives £969,000 a year in commission on communal gas and...
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FCA authorised firms that are coining more than 40% profits out of leasehold...
£26.7m earned by FCA authorised firms owned by managing agents in years 2016-2021 with net profit margins hitting 73% Managing agent owned firms appear to be far more profitable than large insurance...
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Leaseholders win control of 1,132-flat Chelsea Bridge Wharf … which means...
Leaseholders have won the right to manage of the landmark Thames riverside site Chelsea Bridge Wharf, which includes the headquarters of the developer that built it, the Berkeley Group. This is a...
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