David Foot More options Feb 14, 5:50 pm Newsgroups: alt.politics.england.misc From: "David Footdavidafoot.plus.com>
Date: Sun, 14 Feb 2010 17:50:49 -0000 Local: Sun, Feb 14 2010 5:50 pm
Subject: The Housing Corporation and crime: AmicusHorizon Ltd
The HOUSING CORPORATION is a very powerful quango that allows some memebers with not the best reputation to operate in a very dubious way, this was the case of Crystal Palace Housing Association in 1991 which went about miss-representing leases to the public in the media and by any means it saw fit. The Housing corporation member I am referring to has many names and has new name now: Crystal Palace Housing Association, South London Family Housing Association, SLFHA Ltd, Horizon Housing Group and now has started calling itself AmicusHorizon Ltd. *THIS WAS AN OPERATION OF ABOUT 70 to 80 PROPERTIES: 4 to 5 Million Pounds of 1991 money! And values were falling, there was a crisis. *The leases were misrepresented at the time of sale targetting people without experience, while the "professionals" who drafted the leases and sales contract appear to have catered for this process of supplying people without experience illegal information behind their legal advisors back, because the lease / sales contract combine to disown anything guranteed during the process of sale, leaving the public exposed to that dishonesty: "Calling first time buyers" they said in the Evening Standard 31-07-91 and "Absolutely no requirement to buy the remainder" they also assured us and "Does the rent ever go up?" they asked in their own leaflets "Yes it goes up in line with inflation" they answered And ten years later the dishonest sellers (CPHA now AmicusHorizon Group) wrote the following words to us: (from their letter 16-03-99) "As you are aware..." !! "In October 2000, the 2(b) applies... Obviously this has some " CONSIDERABLE FINANCIAL IMPLICATIONS" to all "LEASEHOLDERS WHO DO NOT OWN 100%" !! (the implications to which they referred: 40 % rent rise indexed year on year 2 % ABOVE inflation and something more or less the same a few years latter according to this lease described above as with ABSOLUTELY no requirement to buy the remainder!) So here is what they were advising us now: "and I suggest that you may wish to consider staircasing in the percentage you currently own." !! The sales contract dis-owns any mis-representations the dishonest landlord made to us, even publicly and in the press!. Was this premeditated? Did they read the lease and the sales contract? What advice did their solicitors give them? The Housing Corporation says this is not against their regulations! All this I have documented. So there you have the 4 million pound question, and which curiously is the same one they have the courage to ask me: "and what did "THEIR" solicitor tell "THEM"?" And crucially: "Did "THEY" read the lease?" In the falling market with their out-dated prices (as these were falling still further towards the end of 1991).. was this premeditated? Was all this in deed a deliberate plan as it appears to be? I understand that the then CPHA now AmicusHorizon Group actually was responsible for chosing this type of lease! for this 4 million pound plus operation! The Housing Corporation doesn't want to look in to this ! and it also told me that I should have gone with a guy put by CPHA and who was peddling pension endowment mortgages, possibly an ex employee of CPHA.. it was all not very clear if he wanted to give legal or financial advice or both on CPHA premises during their "Sales Seminar". They also say that my landlord ..didn't breach any Corporation procedural guidelines.. wow!.. what a regulator! and what guidelines! Should public organisations, landlords, lawyers, etc have freedom to operate as other professions can't (and shouldn't) when they sell something to the public who have less experience and technical knowledge? Should public bodies be allowed to compete with the private sector in this unfair way protected even from Parliament by a Quango? So much for the integrity of operations with public funds through the Housing Corporation. Misrepresenting leases in the process of sale should be a crime just like any other way of deceiving the public. Even worse this is coning the public with public money. That is our taxes being used without integrity through a Quango to deceive the public. This is why the Regulator is not doing what it is supposed to. Is the new regulator the Tenants Service Authority going to consider like the Housing Corporation that mal-administration is one of its valid guidelines for the sector? Thank you for your attention and if you would like copies of the documentation supporting these claims or you think that you may be able to recommend a solution please write to me at adrianf... hotmail.com quoting CPHA. Kind regards David A. Foot