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Area Managers I heard as long ago as January that Peverel were planning on getting rid of area managers. Is this true? Posted by val on 21 May 2012 Oh no, does that mean the Kommandant (HM) will have more control, escape tunnels will have to be started and new names given to buildings, how does Colditz or Stalag luft 3 sound. Posted by the mechanic on 22 May 2012  Peverel to be evicted ? The future of the Queensway headquarters of Peverel is in doubt after the appointment of receivers GVA Grimley. We understand it is not a "home" appointment this time. The freehold buildings and land which house the corporate offices of Peverel and the facilities of Kingsborough, Cirrus and Careline in New Milton are owned by Employcastle Ltd. This company remains part of the runt of Peverel Group which was not rescued from Administration. Employcastle was one of the many Peverel companies bought in 2007. Shortly after in May 2008 it was re-mortgaged for nearly £5M with Dunfermline Building Society at 6.747% plus quarterly repayments of £15,000 with the balance due on 13 May 2013. Since September 2010 the company has been in breach of its loan covenants. The corporate premises were leased by Peverel Ltd for an annual rent of around £400,000. But it seems the lease was not re-assigned to holding company Peverel Services Ltd where Janet Entwistle is the new group chief executive. It also seems Peverel Ltd has defaulted on more than £562,000 owing to Employcastle. How amusing that the country’s least favourite property manager has not been paying its own landlord or bankers! We are especially pleased to see that the Gang of Five directors, who resigned from Employcastle in March 2012, are all back on the board to face the music. Posted by Moderator on 20 May 2012 2012/ 2013 service charge Fairhold are our landlords and the rental for our house managers' apartment is being increased to £14,427 from £13,071. I'll let the experts tell me the exact percentage - but this is all a bit much especially as she has students stay in her second bedroom several nights a week for whom the local college pay B+B! I know we have the option of RTM but most of my neighbours would not consider that. Several years ago when we challenged Fairhold about this rental they did a 2 year 'deal' on the rent, which of course didn't resolve anything. Hey ho! Posted by elizabeth dixon on 20 May 2012 Looks "unreasonable" in the Tribunal sense. Challenge these rental levels again. Posted by Jonathan on 20 May 2012 with out a doubt challenge that amount and fairhold thro LVT you should assuredley WIN Posted by skipper on 20 May 2012 Firstly, does Peverel know the House Manager uses her flat for B & B? You would not be able to do it for your own flat and this may be a breach of the lease and her conditions of occupancy. Secondly, Fairhold live in a fantasy world when it comes to rent levels and their rents bear no realationship to reality. Have a look at similar sized flats in the local paper and I am sure you will find a world of difference. Of course Fairhold rely on apathy and their tame agents Peverel to force these rentals through. LVTs are fine in theory, but you would have to be brave enough to face Fairhold's lawyers and risk the chance of incurring legal fees. Posted by Insider on 20 May 2012 Your HM has a licence between herself and Peverel to occupy the flat. Subletting is prohibited. If you are certain that it is being sublet then complain in writing to the area manager. As to the rent, it depends where you are. Some central city locations could possibly command that rent. Again, complain to the area manager. The most likely outcome is a reduction based on the income from the guest flat. Posted by ExHM on 20 May 2012 Our AM supports the HM is renting out her 2nd bedroom saying it's not rent - just money for D,B+B. Hum. As to challenging the rent again I will give this consideration after our budget meeting when the AM will tell us again that it's not his responsibility and then tells us how bad Fairhold can make it if we go down the LVT / RTM route. Scaremongering which sadly works for many and actually a conversation that he shouldn't event enter. Posted by elizabeth dixon on 24 May 2012 selling your apartment Retirement Homesearch is part of the Peverel Group. Posted by elizabeth on 20 May 2012 Peverel, Retirement Home Search and McCarthy and Stone Does anyone know if there is any connection between these companies? My mother has a flat built by M&S and managed by Peverel, and now wants to sell. She is under pressure to sell through a company called Retirement Home Search and I am suspicious of the advice they are giving her. Thanks for your help Posted by Kristin Nahain on 19 May 2012 retirement home search are controlled by peverel and as such there was and possibly still is an obligation to offer the sales rights to them for a limited period I believe for as little as a week even if you do this you dont have to accept any offers, and can then go to local estate agents who under the present property selling climate can give you better terms,at least the more offers you can get from whatever source will be helpful Posted by shelley on 20 May 2012 The Holy Trinity: M&S, PMSL & RHS! McCarthy & Stone are developers who specialise in building retirement developments. Originally Peverel were part of M&S but are now part of a different group. M&S used to allow Peverel to manage their developments on completion. Something obviously went wrong because since Sep 2010 M&S now manage new developments themselves. Retirement Homesearch are part of the Peverel Group; estate agents who deal with retirement properties that Peverel manage. They are no worse than any other slimy estate agents, charge the same, do as little as possible - but they never measure the property, provide floor plans or photographs. They do use the House Manager to show prospective buyers around. (HMs currently receive £150 commission on each completed sale). Personally I wouldn't use them unless you can negotiate the fee lower than local agents. The primary problem being viewing is restricted to the HM working hours and that is a big problem with part time or off sick managers. Secondly I never found the sales negotiators very proactive and of course they are very remote from the development. Posted by ExHM on 20 May 2012 View All Posts, Ever! (Could be a long page!) | 
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