ESTATES AND MANAGEMENT LTD

Early day motion 342, tabled 16 June 2005 by Brian Iddon (Labour). Signed by 41 members.

That this House condemns Estates and Management Ltd for its exploitation of its leaseholders, especially the elderly and vulnerable; notes that the only way for leaseholders to contact this company by telephone is on a 0906 number, with a charge of 25 pence a minute, and that they can only talk to an answerphone; further notes that leaseholders send cheques for ground rents to this company by recorded delivery which are not banked, yet the company continues to send out penalty notices for late payment, with administrative and late payment charges added on, and without previous written reminders as required by the Commonhold and Leasehold Reform Act 2002; and calls on the Government to take action to enforce the Act and to conduct an inquiry into the conduct of Estates and Management Ltd, which has a complex ownership structure, including companies registered in the Bahamas and the Virgin Islands controlled ultimately by the Tchenguiz Family Trust.

Signatures by party: Labour 32, Liberal Democrat 6, DUP 1, Independent 1, Plaid Cymru 1.