December 17, 2018

APPG July 11: Retirement fees whether ground rents or event fees need to be for designated services not open-ended profits, says AgeUK

And grounds cannot be set to zero but maintained in the retirement sector By Joe Oldman, AgeUK Age UK strongly supports extending the range of housing options available for older people – so we want to see a significant expansion in good quality retirement schemes and villages. We also recognise and appreciate the efforts of […]

Campaign against retirement leasehold exploitation and AgeUK reject Law Commission draft on exit fees

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 […]

AgeUK: sort yourselves out!

It is very sad to see it reported today that AgeUK has been pushing expensive energy tariffs to the elderly in exchange for £6 million a year from energy giant E.ON. The Sun reported this in an investigation this morning Age UK recommended a special rate from E.ON which saw pensioners typically pay £1,049 for […]

Exit fees: You have less than 30 days to provide your input

Campaign against retirement leasehold exploitation has published a number of articles about the Law Commission’s work on “exit”/transfer fees, and which sort of charges should be allowed going forward. The end of the public consultation is January 29. One of the problems faced by the project is that while those working in the retirement sector […]

Come on, Shelter! Don’t demand more housing without addressing leasehold’s many, many defects …

For some years, LKP has been pleading with the homeless and housing charity Shelter to do more to support the problems faced by leaseholders. For example, the arbitrary loss of home and destitution faced by lease forfeiture should surely be a concern? Forfeiture means total loss of the asset, offering a cash windfall to landlords, […]

AgeUK: Retirement leasehold IS NOT WORKING and needs urgent reform

– Self-regulation (by ARHM, ARMA, RICS) has failed – Leasehold tenure itself disempowers residents and makes them vulnerable – Commonhold should be explored – Right to manage needs to be made easier for the elderly – LEASE’s ‘problematic’ role serving all sides in leasehold – CMA’s skimpy Ipsos MORI poll ‘should not be used as the basis […]

AgeUK echoes Campaign against retirement leasehold exploitation’s concerns over retirement housing

The Campaign against retirement leasehold exploitation agenda for reform of retirement housing has been given a ringing endorsement by a report published today by AgeUK. The report, Housing in Later Life, arrives just as the Competition and Markets Authority appears to be manoeuvring to downplay concerns in retirement in its leasehold sector inquiry.

Campaign against retirement leasehold exploitation / LKP holds Westminster meeting on commonhold

Last Thursday (June 26) Campaign against retirement leasehold exploitation / the Leasehold Knowledge Partnership held an all-party meeting on commonhold in the House of Commons. The meeting was organised by Martin Boyd, co-director of LKP, and hosted by MPs Ed Davey (LibDem), Sir Peter Bottomley (Conservative) and Jim Fitzpatrick (Labour). More than 50 delegates attended […]

AgeUK would not get involved, Shelter has quit, Peverel has been expelled and Esther Rantzen is asking questions … the fiasco of the Campaign for Housing in Later Life

Last Friday, Peverel was expelled from the Home Builders’ Federation campaign to reinvigorate the retirement housing market. Its logo was removed from the campaign’s website, while earlier in the week the homeless charity Shelter also decided to jettison the campaign. AgeUK – which last year removed its logos from the Peverel Retirement site – had […]

AgeUK to wind down retirement leasehold service

AgeUK is winding up its small department that looks into retirement leasehold affairs headed by Mark Spall. It is a bitter blow to retirement leaseholders, 300-350 of whom contacted the department last year seeking advice. Many leaseholders have been assisted by Spall and his team, and his mediation efforts have won back significant sums of […]

Minister holds roundtable talks on leasehold

Housing Minister Mark Prisk (left) is holding an hour-long roundtable discussion on residential leasehold tomorrow. The meeting is to be attended by trade body representatives such as Michelle Banks, of ARMA – a former civil servant at the Department of Communities and Local Government – RICS, and the Association of Retirement Housing Managers (ARHM). Representatives […]

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