Campaign to improve housing in later life
What we want
Better Retirement Housing, formerly the Campaign against retirement leasehold exploitation, exists to promote good practice in the retirement housing sector.
The elderly should be able to downsize, enjoy the benefits of stress-free homes, and live communally.
The advantages of this form of living to achieve mutual reliance and combat loneliness are obvious.
Sadly, the UK’s retirement housing sector has been beset with poor practice and has an appalling reputation. It has been the subject of critical tribunal rulings, two investigations by the Office of Fair Trading, and one Law Commission report.
It has also been debated in Parliament, and at the All Party Parliamentary Group meetings organised by the Leasehold Knowledge Partnership.
That there is a problem is not disputed by impartial observers, although retirement housebuilders’ do their best to minimise the issues.
It is scandalous that the most vulnerable in our society have been beset by sneaky and dishonest fees widespread in leasehold, or systematically cheated, as the OFT found in the Peverel / Cirrus collusive tendering scandal.
However, we acknowledge that the retirement housing sector is varied and there are good operators within it. Better Retirement Housing is delighted that new overseas companies are moving into the market, and that care providers are producing housing solutions. This has introduced a welcome change of culture.
Nonetheless, the standard retirement leasehold flat remains a dubious proposition. It is absurd that it can be the single worst residential property investment one can make, with plummeting re-sale values bearing no resemblance to the local housing market.
The worst practices are made possible by leasehold tenure, and is widely acknowledged that in Scotland, where leasehold does not exist, retirement housing is more harmonious.
Better Retirement Housing aims to improve this sector and, with the Leasehold Knowledge Partnership, seeks to make reforms to residential leasehold law.
We assist with individual problems and provide an editorial service of the sector, which aims to be accurate and fair.
Sebastian O’Kelly
sok@leaseholdknowledge.com
Martin Boyd
martin.boyd@leaseholdknowledge.com
Press / admin / urgent 07808 328230
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McCarthy and Stone: Thought for the day
Latest news from Leasehold Knowledge Partnership
- What is the point of this government, asks Lisa Nandy as it wriggles over promised leasehold reforms May 24, 2023
- Black Friday for FirstPort: ALL leaseholders at St David’s Square to share £479,000 service charge triumph. And £55,000 in energy subsidies to be paid up May 15, 2023
- Net Zero is going to be difficult throughout the world … but with leasehold tenure, next to impossible May 10, 2023
- We just made it up: landlord pays back £120,000 for intercom costs at St David’s Square that it cannot account for (and is leased for eternity) May 9, 2023
- Investors see gold in retirement housing, but oldies have taken a look and remain wary … Brighter developers are pushing for change May 8, 2023
- Dudley Joiner, boss of the Right To Manage Federation, banned from being a company director – for the second time May 3, 2023
On TV
Channel Four Dispatches exposes retirement leasehold
Tonight’s Dispatches programme (September 24 2012) on retirement leasehold was a brilliant example of television journalism that was extremely critical of both McCarthy and Stone and Peverel. Peverel’s LVT defeat at the hands of
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