December 7, 2023

Archives for May 2023

Investors see gold in retirement housing, but oldies have taken a look and remain wary … Brighter developers are pushing for change

Report of APPG on retirement housing 27 March 2023 We thought scandals in retirement housing would be the downfall of the leasehold system, but that was before doubling ground rents and the Grenfell disaster By Sebastian O’Kelly, trustee LKP and founder of BetterRetirementHousing.com When Martin Boyd (LKP chair) and I began this – he the […]

Retirement housing won’t grow until oldies are offered a product that they can trust, says head of ARCO

By Michael Voges, CEO of the Association of Retirement Community Operators The leasehold system in retirement housing is flawed and ensures that consumers taken on all the risk of future costs at a site, Michael Voges, the CEO of ARCO told the APPG on 27 March 2023. “ARCO commissioned a YouGov poll and found that […]

Why I took Woodlands Court to right to manage, why it works and why I want the authorities to intervene in this scandal hit sector

By Dan Healey, director of the Woodlands Court RTM, addressed the All Party Parliamentary Group on leasehold and commonhold reform on 27 March 2023. He made a passionate plea for retirement sites to opt for right to manage and so employ managing agents accountable to the leaseholders who do the paying Right to Manage – […]

Taking over from Bob Bessell as head of Retirement Security retirement community provider: What we offer and why

Melanie Gowers is the newly appointed chief executive of Retirement Security Limited, a retirement housebuilder founded by Bob Bessell, a trustee of the Leasehold Knowledge Partnership Bob Bessell, a former head of Warwickshire social services, became a retirement housebuilder and set up Retirement Security. He has undertaken to leave the freeholds to his sites in […]

Legal and General explains why it is investing in Inspired Villages, and wants reforms to the sector

Ben Rosewell, Legal and General, Head of Investment Later Living Business (Inspired Villages), addresses the All Party Parliamentary Group on leasehold and commonhold reform on 27 March 2023 and explains why Legal and General is investing in this sector, and why it wants to see changes We entered into the senior housing space in 2017 […]