By Michael Hollands I am interested in Leasehold Retirement Complexes of which I have much experience in the way many unfortunate Pensioners are robbed of their valuable savings. 1 When purchasing new these retirement properties are always more expensive than the non retirement properties, manly because they are desperately needed by elderly who have to […]
Search Results for: campaign for housing
Goodbye, Carlex. Hello, Better Retirement Housing
July 22, 2017 By
Not without sadness, the trustees of the Leasehold Knowledge Partnership have decided to close the website of the Campaign against retirement leasehold exploitation. It has been replaced with a new site called Better Retirement Housing, www.betterretirementhousing.com This site includes all the news archives and comments of the old website. We had been feeling for some […]
Housing minister urges transparency over retirement exit fees
February 6, 2017 By
Gavin Barwell urged greater transparency over retirement exit fees as the Leasehold Advisory Service “annual conference” yesterday. “More than one in 12 people in the UK will be aged over 80 by 2039, according to the National Office for Statistics. “The UK’s population is set to rise by over 4 million in the next decade, […]
BBC One Show warnings over retirement housing’s ‘sting in the tail’
November 25, 2016 By
The BBC One Show on prime time telly featured retirement housing earlier this week (November 22). It can be viewed here at 2.09 minutes The presenters warned that retirement housing can come with a “financial sting in the tail that can hit families at the worst possible time”. Sebastian O’Kelly, of Campaign against retirement leasehold […]
Campaign against retirement leasehold exploitation and AgeUK reject Law Commission draft on exit fees
November 14, 2016 By
Law Commission backs developers over huge exit fees, and dumps OFT qualms over ‘likely’ unfair contract terms What began as an exercise supposedly to help pensioners and their families facing exit fees in retirement properties has ended up with the Law Commission backing the charges. The Law Commissioner Stephen Lewis met Campaign against retirement leasehold […]
Campaign against retirement leasehold exploitation is ‘slanted’ over retirement resale prices. The picture is more positive, says McCarthy and Stone
September 16, 2016 By
Statement from McCarthy & Stone The majority of properties managed by McCarthy & Stone have increased in value when resold (based on data relating to managed properties resold in 2016 to-date) and historical data suggests around a third of all our properties outperform their local market. In addition, our newer properties are better-placed to retain […]
Abysmal retirement housing values revealed on the Land Registry
September 5, 2016 By
Campaign against retirement leasehold exploitation examines official re-sale prices for McCarthy and Stone, Churchill Retirement Living, Audley Retirement, Retirement Villages, Retirement Security, Anchor and Pegasus A dismal picture of retirement housing values on re-sales is revealed by Campaign against retirement leasehold exploitation from figures in the Land Registry. For years we have been saying that […]
Methodist Housing Association flat falls 40% on re-sale, says BBC Radio 4’s You and Yours
August 24, 2016 By
… So about average for our dismal retirement housing market BBC Radio 4’s You and Yours programme featured retirement housing this afternoon in an item on the Methodist Housing Association. It can be heard here at 08:09. Penelope Garnham’s mother, who died in February 2012 aged 96, paid £125,000 in 2007 for a flat in Rowanberries […]
Brexit hits retirement housing sales
August 4, 2016 By
Just about every marketing department in the country has come up with Brexit “research” to grab headlines, and FirstPort’s Retirement Homesearch estate agency has joined in. It says that in the second quarter of 2016, new buyer registrations for retirement properties slipped by more than 20% from the first quarter to 4,744. This figure is […]
Anchor CEO makes donation to Campaign against retirement leasehold exploitation
June 13, 2016 By
Campaign against retirement leasehold exploitation and the Leasehold Knowledge Partnership would very much like to thank Jane Ashcroft, CBE, the chief executive of Anchor housing association, for a donation last week. At the launch of Lord Best’s Making Retirement Living a Positive Choice at the House of Lords, Jane noted that the resources of our […]
No more think tank ‘research’ into retirement housing paid for by housebuilders, please
April 29, 2016 By
The Westminster roundtable heard yesterday that think tank ‘research’ paid for by housebuilders or their trade bodies routinely avoided all reference to problems in the retirement housing sector. The event was organised by Campaign against retirement leasehold exploitation / LKP, and hosted by the charity’s MP patrons Jim Fitzpatrick and Sir Peter Bottomley, and was […]
Campaign against retirement leasehold exploitation tells Parliament: ‘feeling in retirement leasehold is that the bad guys always win’
March 25, 2016 By
Last Wednesday saw a session of Lord Best’s All Party Parliamentary Group on retirement housing and care. Sebastian O’Kelly, trustee of Campaign against retirement leasehold exploitation / LKP, made the following points about private leasehold retirement housing to the APPG: In part, the elderly are not downsizing to retirement housing because they think they will […]
