October 12, 2024

Shared ownership: Immensely complex; nothing shared when it comes to costs; clever ‘investors’ scent a revenue source to replace ground rents

By Sebastian O’Kelly This is a longer version of an article I wrote for the i Newspaper last week: Why shared ownership is the most problematic form of housing The shared ownership leases have come with the usual nasties designed to ramp up the value of the freehold interest, whether to the benefit of housing […]

We need retirement ground rent gaming like a hole in the head, says ARCO

Gaming the new ground rents ban by introducing them at the last possible minute was damaging to the entire retirement housing sector and “we need this like a hole in the head”, said the Association of Retirement Community Operators at its annual conference yesterday. Michael Voges, ARCO chief executive, deplored bad practices in retirement housing […]

ARCO conference offers a different vision to retirement housing, but …

There will be – and there are already – issues with big event fees The conference of the Association Retirement Community Operators in central London last week offered a fascinating alternative vision for the retirement housing sector to the one that we have. The organisation represents providers who build and manage their own sites, as […]