Chelsea Bridge Wharf, beside the old Battersea Power Station site, is in the process of going for RTM, has won at LVT but Peverel is taking the issue to the Land Tribunal on appeal. It is the usual familiar story. The Tchenguiz’s Fairhold Artemis hoovered up the freehold and bought Peverel, the managing agent, and the fees started escalating.
The head lesee of Warwick Building at CBW, London & Quadrant Housing Association, has apparently indicated that they are happy to appoint an alternative managing company chosen by residents (i.e. get rid of Peverel without RTM). A majority of residents from Warwick have signed a document initiating the Right to Manage process and there was a meeting (15th March 2012) with L&Q and residents of Warwick with representation from Peverel / Berkeley to discuss service charge hikes. Residents expect a response from L & Q soon clarifying their position re Right to Manage / change of management company without RTM
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Once again, from April 2012, residents will be faced with massively above inflation service charge hikes. Sign the petition to Berkeley Homes, telling them what you think about massive service charge increases, year after year