MPs were told yesterday of how residents took control of a bankrupt retirement village, raised £2 million and turned it into the first mutually owned retirement site in the country. Professor Peter Wilson told the Campaign against retirement leasehold exploitation / LKP roundtable, hosted by the charity’s MP patrons Jim Fitzpatrick and Sir Peter Bottomley, […]
Woodchester Valley Village: How we turned a disaster into the first mutually owned retirement village
April 29, 2016 By
Campaign against retirement leasehold exploitation Westminster roundtable on retirement housing
April 18, 2016 By
On April 28 there will be a Campaign against retirement leasehold exploitation roundtable on retirement housing at Westminster. The purpose is inform MPs of the issues in retirement housing, and to suggest how it could be further improved. There have already been shifts in position by retirement housebuilders: 999 year leases are becoming more widespread, […]
We save money living at Woodchester Valley Village … but then we do all own it ourselves
December 21, 2015 By
When his retirement village outside Stroud, in Gloucestershire, went bust – with many of the leasehold properties unsold – Peter Wilson and the other residents decided to buy the site off the administrators, raised £2 million and now run the site themselves. The result is Woodchester Valley Village, a mutual ‘not for profit’ retirement village. What the elderly residents […]
We save money living at Woodchester Valley Village … but then we do all own it ourselves
April 21, 2015 By
When his retirement village outside Stroud, in Gloucestershire, went bust – with many of the leasehold properties unsold – Peter Wilson and the other residents decided to buy the site off the administrators, raised £2 million and now run the site themselves. The result is Woodchester Valley Village, a mutual ‘not for profit’ retirement village. What the elderly residents […]
Woodchester Valley Village: this is what can be achieved when a retirement site manages itself
February 11, 2015 By
The Daily Mail today runs an article about Woodchester Valley Village: thought to be the only mutually owned retirement village in the country. The village, four miles outside Stroud, has been in other publications such as the BBC and the Guardian, here
Sunday Times reports residents raise £2 million to rescue Crystal Fountain retirement site
September 29, 2013 By
The Sunday Times today reports an inspiring story of residents at Crystal Fountain Village in Nailsworth, Gloucestershire, saving their homes and taking control of the site. The residents, headed by Peter Wilson and Betty Young, 72, saw off 22 rival bidders. Each resident had to chip in £30,000 to save the site. The story has […]
