Here is a letter from a reader, and Campaign against retirement leasehold exploitation’s reply. Any views from the Campaign against retirement leasehold exploitation “panel of experts? Homepine House in Folkestone had serious issues over safety safety improvements, as can be read here We have been told that the Fire Officer has said that we need […]
What happens if the managing agent or freeholder goes bust?
Would Campaign against retirement leasehold exploitation readers offer any thoughts to this concerned correspondent wondering about the financial health of managing agent and freeholder? We have put in an offer for a retirement flat for my grandmother. I wondered if you could provide me with any details of what happens to a property should the […]
My mum has seen a retirement leasehold flat and loves it, but what are the pitfalls?
Any words of advice for this reader poised to buy a retirement leasehold flat? (Please do not grandstand or name individual companies: helpful advice only, thanks.) Last week we went with my mother to view a retirement leasehold site in Cornwall. We were all very surprised to be so impressed by the quality of the […]
Sisters desperate to sell retirement leasehold face 10% exit fee, estate agent is run by freeholder’s brother and – yes – capital values have tanked
Campaign against retirement leasehold exploitation has advised the questioners to ask the freeholder what the 10 per cent exit fee is actually for, and copy the correspondence into their MPs – fortuitously Mark Prisk, the Tory Housing Minister, and former Tory health secretary Andrew Lansley. Some questions concerning the freeholder’s brother running the in-house estate […]
Should my 90-year-old mother move into a retirement leasehold flat?
Perhaps regular readers could answer this. I am considering persuading my 90 year old mother to sell up and move closer to the rest of the family. I have been looking at two retirement homes in XXX, both operated by Peverel. Having discovered your site you can imagine my disquiet. However, all the actions seem […]