You and Yours features Carlex and OFT inquiry into leasehold management
The influential BBC Radio 4 programme You and Yours yesterday featured retirement leasehold. This is an area of “most concern” according to Douglas Cooper, of the Office of Fair Trading, which is...
View ArticleCampaign for Housing in Later Life traced to … McCarthy and Stone HQ!
The Campaign for Housing in Later Life has been traced back to the Bournemouth headquarters of McCarthy and Stone. The website, which seems to have been started last autumn, has a registered IP...
View ArticleShelter ‘dumps’ the Campaign for Housing in Later Life
The charity Shelter appears to have ceased involvement in the ‘Campaign for Housing in Later Life’, which Carlex revealed on April 9 registered its website to the address of the Bournemouth HQ of...
View ArticleLKP / Carlex meets shadow housing minister Emma Reynolds
Carlex / LKP met shadow housing minister Emma Reynolds yesterday to discuss problems in the leasehold sector. The meeting was organised by Jim Fitzpatrick, the Labour MP for Poplar and Limehouse, who...
View ArticleAgeUK would not get involved, Shelter has quit, Peverel has been expelled and...
Last Friday, Peverel was expelled from the House Builders’ Federation campaign to reinvigorate the retirement housing market. Its logo was removed from the campaign’s website, while earlier in the week...
View ArticleWill hedge-funders clean up in £500 million McCarthy and Stone float?
Both the FT and the Sunday Times are suggesting that the hedge-funders who took on the debt at McCarthy and Stone could be in for a killing if it floats next year for £500 million. Both papers report...
View ArticleYou and Yours features Campaign against Residential Leasehold Exploitation...
The influential BBC Radio 4 programme You and Yours yesterday featured retirement leasehold. This is an area of “most concern” according to Douglas Cooper, of the Office of Fair Trading, which is...
View ArticleCampaign for Housing in Later Life traced to … McCarthy and Stone HQ!
The Campaign for Housing in Later Life has been traced back to the Bournemouth headquarters of McCarthy and Stone. The website, which seems to have been started last autumn, has a registered IP...
View ArticleShelter ‘dumps’ the Campaign for Housing in Later Life
The charity Shelter appears to have ceased involvement in the ‘Campaign for Housing in Later Life’, which Campaign against retirement leasehold exploitation revealed on April 9 registered its website...
View ArticleLKP meets shadow housing minister Emma Reynolds
LKP met shadow housing minister Emma Reynolds yesterday to discuss problems in the leasehold sector. The meeting was organised by Jim Fitzpatrick, the Labour MP for Poplar and Limehouse, who has some...
View ArticleAgeUK would not get involved, Shelter has quit, Peverel has been expelled and...
Last Friday, Peverel was expelled from the House Builders’ Federation campaign to reinvigorate the retirement housing market. Its logo was removed from the campaign’s website, while earlier in the week...
View ArticleWill hedge-funders clean up in £500 million McCarthy and Stone float?
Both the FT and the Sunday Times are suggesting that the hedge-funders who took on the debt at McCarthy and Stone could be in for a killing if it floats next year for £500 million. Both papers report...
View ArticleOur ground rents are fair, says McCarthy and Stone (even though they go up to...
DCLG Consultation Paper On Leasehold And Ground Rents – Statement – McCarthy & Stone See our response to the DCLG consultation paper on Leasehold and Ground Rents It is a fair bet that McCarthy and...
View ArticleMcCarthy and Stone says ground rents essential, but why sell freeholds to...
BetterRetirementHousing.com has found that McCarthy and Stone is selling retirement freeholds to Adriatic Land, whose beneficial owners remain hidden. Adriatic Land freehold owning companies, which are...
View ArticleBetterRetirementHousing.com reports retirement resale disasters. On BBCR4...
BetterRetirementHousing.com reports the dismal state of retirement housing resales today, which has been taken up by BBC R4 MoneyBox. In addition, the Elderly Accommodation Counsel, which provides a...
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ARCO snubs McCarthy and Stone / Churchill by saying there is no need for...
The trade body the Association of Retirement Community Operators announced yesterday that ground rents are “not essential” in retirement housing and it backs the government in ending them. The...
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Please exempt retirement housebuilders from ground rent ban, pleads Sir...
Senior Tory MP Sir Desmond Swaine has pleaded with the Communities Secretary to consider exempting volume retirement housebuilders from the ban on new ground rents. The MP for New Forest West –...
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Advertising Standards Authority again rejects complaint that McCarthy and...
The Advertising Standards Authority has again rejected leaseholders’ complaints that leasehold properties should not be marketed as “homeownership”. The complaint was raised separately by veteran...
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Anti-ground rent trade body ARCO snubbed at retirement housing conference …...
The anti-ground rent trade body ARCO has been snubbed and left uninvited by retirement housing insiders at a City law firm conference next Wednesday to discuss whether a Retirement Housing Act is...
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Clive Fenton stands down as CEO of McCarthy and Stone as profits slump
Is the ground rent ban responsible? Sebastian O’Kelly I guess when you stand down as boss of a publicly quoted retirement housing company that has seen profits fall from £110 million to £65-£80 the...
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