Wow! They must have been bad?

And they are using the actor’s videos without permission, I understand. LBC has been alerted.

I hear that Sir Peter Bottomley MP has tabled an Early Day Motion focusing on Richard Davidoff’s actions and conduct:

EDM 672, tabled on 19-11-2021 reads:

“That this House questions whether the First-tier Tribunal (Property Chamber) has effective power to investigate the actions and conduct of the court appointed property manager Richard Davidoff; recognises the need for urgent action to implement statutory regulation of the leasehold property management sector outlined in Regulation of Property Agents: working group report, chaired by Lord Best, published on 18 July 2019; seeks an effective Government response to the recommendations; and calls on the Government to listen to the former employees of Mr Davidoff raising whistleblowing details of his business practices”.

There have been a number of developments in this matter:

On 04-11-2021 ARMA expelled ABC Block Management Limited from membership because complaints were made after the tribunal found that Richard Davidoff had breached the terms of the management order and breached his fiduciary duties.

On 10-11-2021 the Leasehold Knowledge Partnership was informed that the Institute of Residential Property Managers (IRPM) were concluding an investigation into Richard Davidoff and would be making a ruling soon. The IRPM ruling has yet to be announced.

On 16-11-2021 Propertymark terminated ABC Estates’ membership “due to a failure to pay costs associated with a disciplinary hearing held on 08-09-2021”.

On 19-11-2021 Sir Peter Bottomley tabled Early Day Motion 672 calling the government to listen to the former employees of Richard Davidoff “raising whistleblowing details of his business practices”.

On 23-11-2021 the tribunal in the Falcon Road RTM case awarded the leaseholders full costs against the Respondent and found that Richard Davidoff had displayed “extreme” levels of unreasonable conduct and had “used inappropriate tactics to try to prevent the leaseholders acquiring the right to manage and to pressurise the leaseholders to drop their service charge application”.

On 26-11-2021 Property Week announced that Propertymark has opened an investigation into Richard Davidoff’s company, ABC Estates because “new allegations have been brought to light […].”

On 05-12-2021 The Sunday Times published an article about service charge abuses and the lack of independent regulation of managing agents. The article mentioned Sir Peter Bottomley’s Early Day Motion and also mentioned that Richard Davidoff “is at present in a dispute with former employees who allege that his company, ABC Estates, was creating fraudulent invoices for services to leaseholders”.

Link to Sir Peter Bottomley EDM dated 19-11-2021
https://edm.parliament.uk/early-day-motion/59161

Link to Property Week article dated 26-11-2021
https://www.propertyweek.com/news/propertymark-launches-investigation-into-abc-estates/5117654.article

Link to Sunday Times article dated 05-12-2021
https://www.thetimes.co.uk/article/who-is-managing-the-managing-agents-fv8v2pn98

IRPM makes its decision on Richard Davidoff. Update here >
https://berniewales.co.uk/managing-agents-are-crooks/

The latest development is that the Institute of Residential Property Management (IRPM) has expelled Richard Davidoff and is actively investigating Mark Reed (Head of Block Management at Richard Davidoff’s company).

The IRPM email confirming Richard Davidoff’s expulsion reads as follows:

Dear XXXX
I am writing to inform you of the outcome of the IRPM’s investigation into the professional conduct of Mr. Richard Davidoff.

The IRPM’s Compliance Sub-Committee has now concluded its investigation. It has determined that Mr. Davidoff should be expelled from the IRPM forthwith.

That expulsion took effect on 17 December 2021.
An email containing the Sub-Committee’s decision, including his expulsion, was sent to Mr. Davidoff on 17 December 2021.

Yours sincerely

On behalf of the IRPM.

Reply to the comment left by richard fuller at 10/11/2021 – 14:49
As things stand, even if its industry body terminates a managing agent’s membership, the managing agent can continue trading.

Regulation of Property Agents (RoPA) was recommended as far back as 2019 but has yet to be implemented. There is now a petition for RoPA to implemented without further delay.

Sign and share the petition if you want an entity that can root out bad managing agents.

https://petition.parliament.uk/petitions/617995