The Times today suggests that families have lost £3 billion on the resale of leasehold retirement flats between 2001 and 2015 in a series of articles that add up to a devastating investigation of the sector. Some 80 per cent of the properties sold had fallen in value, with an average loss of £38,846, the […]
The Times says families ‘lost £3 billion’ on resales of leasehold retirement flats, while developers and freehold speculators made millions
November 23, 2019 By
Government will cave in to retirement house builders over ground rents, says Times
May 11, 2019 By
What does this say about setting new in wider market to zero? The government is poised to exclude retirement house builders from the much delayed ban on ground rents. Headed by leading retirement builder McCarthy and Stone and Churchill Retirement (which is privately owned by the McCarthy family), have been lobbying hard for an exclusion. […]
Peverel should pay back £700,000 over price-fixing not £100,000, says Campaign against retirement leasehold exploitation whistleblower
December 12, 2013 By
FULL LIST OF PEVEREL / CIRRUS SCAM SITE One of the Campaign against retirement leasehold exploitation whistleblowers who reported the Peverel / Cirrus price-fixing scam says Peverel should be paying at least £700,000 to the sites affected. Peverel’s offer to make a “goodwill payment” of 10 per cent of the cost of sham tenders to […]
Bottomley: ‘possible criminal behaviour involving Peverel’ over tendering scams
July 11, 2013 By
Articles in The Times in 2009 also show Campaign against retirement leasehold exploitation had publicly raised the issue of Cirrus’s tendering scams before Peverel turned itself in Sir Peter Bottomley has waded into the Peverel price-fixing scandal by publicly doubting whether the company had “confessed” to the Office of Fair Trading before being alerted […]
