We’ve been informed that yesterday (Friday 12 February 2010), the Leasehold Valuation Tribunal published the decision in Britain’s largest ever LVT case brough in Nottingham, at City Heights Estate

126 Families living in 6 apartment blocks in Nottingham had had enough of 6 years of hell and got together 2 years ago to challenge ‘RIP OFF BRITAIN’ and the amounts they were being charged by a property management company who were dreadful.

The Freeholder is Peverel and they used their own Peverel Property Management company too.

After two years of fighting two non legal trained neighbours sat in court to fight the case facing an opposition of a Barrister, 2 Solicitors, an Accountant and Senior Managers from the Peverel (Britain’s biggest Property Management Company) during the six day trial.

Stories came out of drinking water being contaminated, disabled wheel chair users trapped in broken lifts, and a women falling carrying a baby on a bridge which had been faulty for years!

There was also evidence in the decision (please contact us for a copy) that shows that Peverel entered into a financial agreement with an insurance broker (Oval Ltd) and Zurich Insurance to receive insurance commissions/kickbacks for keeping 500 estates in Britain with Zurich for Buildings Insurance (ultra high premiums) of which Peverel get 33.05% of every policy (x500) in existence!!!

A major scam, but completely legal.

The court were disgusted by this and have ordered Peverel to repay 6 years of Insurance kickbacks to the 126 families!

Yesterday the court awarded the 126 families a draft amount of £187,573.53!!!

This victory, albeit a lengthy one, demonstrates what we have all been saying during the two and a half years of TheTruthAboutSolitaire and another reason for commencing the ‘Campaign Against Leasehold and Freehold Exploitation’ – because quite frankly, this proves that Peverel / Solitaire are ripping residents off!

[ADMIN EDIT]
It’s come to our attention that the above case is todate not listed on the LVT website, the case number is: BIR/00FY/LSC/2008/0031 – should those that wish to search for it directly can do, once is online.