Comments on: The Peverel Group of Companies

By: Michael Epstein

Michael Epstein — Fri, 26 Aug 2011 07:02:18 +0000

J Bell,
What a so familiar story.
The number of people who pay up just for peace and quiet is what keeps this company going.
Stand firm! You have right on your side, which i court will see.
It will take some time, but a lot of the information you need is already on this site.
Admin, if you would like to pass my email address to J Bell, that is fine.
I think i can help, but owing to circumstances cannot yet publish it on this site.

By: J Bell

J Bell — Thu, 25 Aug 2011 18:50:31 +0000

My partner has to pay ground rent and service charge to Perverel he has recently had a problem whereby they have taken court action against him for non payment of ground rent. He is paying be direct debit but apparently now ground rent is split between two companies one now being Proxima Group who needless to say now own most of the companies you have previously mentioned. E & M also have a collection company called centurion collections which is a division of themselves. The solicitors who are dealing with the matter tell us that OM/E & M and Perverel have nothing to do with each other although looking on Company House web site they are often at the same address. This company seems to never send statements and when they do they are not on headed paper and they seem to make it very hard to pay your bills on time so that they can make (in my opinion) as many collection and legal charges as they can. They have also written to his mortgage company telling them to pay them directly or they would advise their client (proxima) the merits of foreiture. In my opinion I think these people are using sharp practice at best or they are just plain crooked. We only found out about the court action against him when the bank wrote to us with copies of the letters. Make your own mind up.

By: Anon

Anon — Sat, 23 Jan 2010 20:46:22 +0000

The list of companies is mind boggling, but are PPMG doing anything wrong or sinister?

Remember every leasehold property is leased from a Freeholder – and they are companies like Fairhold in its many guises.

There must be millions of freeholders, and by being a Ltd company, it limits the directors liability.

You will often find that Solitaire Directors are the sole director in your company. We had a dormant company set up when our develpoment was built we own a share in it, but it’s worthless. Much of it is ancient company law, so I’m not sure the point of trying to produce a definitive list.

Where we live there are at least five comapanies all linked by common directors with an interest in it.

I suppose the problem with leasehold is it’s nothing more than rent, with the ability to buy or sell the value of what you’re renting.

Right to manage removes the managing agents, but collective enfranchisement can allow you to buy the freehold.

By: Nirmal

Nirmal — Fri, 22 Jan 2010 18:18:44 +0000

…in 10 mins I found the following companies (I gave up at around the 50 mark!) I’m not sure if they’re all actually part of CBG or not but they all have some ‘association’ with Peverel (in alphabetical order):

CarelineUK
Cirrus Communications Systems Limited
Communic8 Ltd
Consort Property Management
COUNTY ESTATE MANAGEMENT
HOLIDAY RETIREMENT (CLEVEDON) LIMITED
HOLIDAY RETIREMENT (EASTBOURNE) LIMITED
HOLIDAY RETIREMENT MANAGEMENT LIMITED
HOLIDAY RETIREMENT UK PROPERTIES LIMITED
Insero-lettings
Kingsborough Insurance Services Ltd
O.M. HOLDINGS LIMITED
O.M. LIMITED
PEGASUS COURT (ABERGAVENNY) MANAGEMENT LIMITED
PEGASUS COURT (BARNWOOD) MANAGEMENT LIMITED
PEGASUS COURT (BOURTON-ON-THE-WATER) MANAGEMENT LIMITED
PEGASUS COURT (BROADWAY) MANAGEMENT LIMITED
PEGASUS COURT (FLEET) MANAGEMENT LIMITED
PEGASUS COURT (PAIGNTON) MANAGEMENT LIMITED
PEGASUS COURT CHELTENHAM (MANAGEMENT) LIMITED
PEGASUS COURT HARTLEY WINTNEY (MANAGEMENT) LIMITED
PEGASUS COURT MANAGEMENT LIMITED
Pembertons Property Management
PEVEREL CIRRUS LIMITED
PEVEREL FREEHOLD REVERSIONS LIMITED
PEVEREL FREEHOLDS LIMITED
PEVEREL FREEHOLDS NO.2 LIMITED
PEVEREL FREEHOLDS NO.4 LIMITED
PEVEREL FREEHOLDS NO.5 LIMITED
PEVEREL FREEHOLDS NO.6 LIMITED
PEVEREL GENERAL CP LIMITED
PEVEREL GROUP LIMITED
PEVEREL INVESTMENT PROPERTIES LIMITED
PEVEREL INVESTMENTS
PEVEREL LIMITED
Peverel Management Services Ltd
PEVEREL OM LIMITED
PEVEREL OPERATIONS PD LIMITED
PEVEREL OPTIONHOLDER LIMITED
PEVEREL PROPERTIES LIMITED
PEVEREL PROPERTY INVESTMENTS LIMITED
PEVEREL PROPERTY OWNERSHIP LIMITED
PEVEREL PROPERTY SERVICES LIMITED
PEVEREL REAL ESTATE LIMITED
PEVEREL SCOTLAND LIMITED
PEVEREL SECURITISATION LIMITED
Retirement Homesearch
Solitaire Group

…and the list does go on! Nothing sinister about this eh? Why have soo many companies if there is nothing to hide??? And surely the administration of ALL of these companies must be costing a fortune! Wonder where your service charge goes? Certainly not to maintaining your HOME or Development! Probably more to the Managers and Accountants and Legal Depts of the various companies!??

By: Anon

Anon — Fri, 22 Jan 2010 15:12:28 +0000

Another company to add to the list is Insero http://www.insero-lettings.co.uk. They are a lettings service company, which is part of the Peverel group. If you do a google search of the peverel head office address it is amazing what companies it brings up. From the ones we all know to others offering retirement homes abroad. Did god they have gone global

By: Denis Newell

Denis Newell — Sat, 09 Jan 2010 17:18:50 +0000

Take a drive around trading estates in New Milton, Hants. Its like browsing your list. I was amazed after visiting Retirement Homesearch to see how they were trying to sell my late parents apartment. Truth was they weren’t doing anything.

By: Nirmal

Nirmal — Tue, 05 Jan 2010 10:40:39 +0000

…after the revelations of this Post and subsequent comments does “Andy” still believe that there is nothing ‘sinister’ in the way CBG is organised, managed, run and operated?!?

By: Bruce

Bruce — Tue, 05 Jan 2010 02:22:02 +0000

Fairhold Holdings Ltd is a company with 900 pds issued capital and about 95 Mil in assets.
The Controlling company of Fairhold Holdings Ltd is Moormead Property Holdings which has a higher level ultimate holding company Euro Investment Overseas Ltd ( BVI) . The ownership of BVI companies are not open to public.
Euro Investment Overseas Ltd (BVI) is owned by Investec Trust ( Guernsey )

So make an in-depth study of Fairhold Holdings Ltd and get the accounts and charge details from http://www.companieshouse.gov.uk

By: Matt

Matt — Mon, 04 Jan 2010 14:10:41 +0000

Another company, not included in the list above:

Estates and Management Limited
Company No. 03244100

I believe E&ML are owned by (or part of) Solitaire, which means it is therefore part of Peverel, and ultimately part of the Consensus Business Group overall.

Be interesting to see just exactly how many different companies there are in the overall pot, and how many of those are not currently openly linked to CBG…

By: Anon

Anon — Mon, 04 Jan 2010 12:39:56 +0000

I would also add the following company to the group which although not owned by Peverel directly is part of the same group. Freehold Property Managers Ltd. They are based in London and are used to buy up development freeholds. They then employee Solitiare and Peveral as the management companies of their developments. As ground rents are set and controlled by laws. It is difficult for this company to make any profit. Normally a freehold is sold by the developer on the basis of the ground rents over a period of between 10 and 15 years. The reason managment charges from these companies are so high is so the group can recoup the inital outlay on buying the freehold as quickly as possible