At the Campaign against retirement leasehold exploitation / LKP roundtable at Westminster yesterday there were a couple of interesting questions from attendees. One gentleman asked: “I own a portfolio of [50] retirement properties. Most are in sites that were built by McCarthy and Stone and are managed by FirstPort formerly Peverel formerly etc … “In […]
Archives for April 2016
After 30 years, can’t FirstPort contracts go out to tender? And, what’s happened to the chairman of LEASE?
April 29, 2016 By
Woodchester Valley Village: How we turned a disaster into the first mutually owned retirement village
April 29, 2016 By
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, […]
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 […]
Bob Bessell hands £7 million of retirement freeholds to the residents
April 29, 2016 By
… and the housebuilder wants an end to ‘feudal’ ground rents, too! Bob Bessell, founder of housebuilder Retirement Security, yesterday pledged to leave his freehold portfolio – worth £7 million – in a trust controlled by the pensioner residents at his sites. The undertaking was made at a Westminster roundtable organised by Campaign against retirement […]
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, […]
Tatton Court latest Cheshire site seeking to dump Tchenguiz / FirstPort
April 8, 2016 By
Tatton Court is the latest Cheshire retirement site wanting to be rid of the FirstPort / Tchenguiz management which dominates private retirement housing. “We feel that you are being deliberately awkward in blocking our claim,” the RTM directors write to Estates and Management, the Tchenguiz company that manages his freehold portfolio. “We also feel that […]
