The Association of Retirement Housing Managers is holding consultations on its new code of practice. Reading the whole document may be for insomniacs only. On the other hand, for those with a forensic interest in leasehold issues, it is important.
Peverel is, of course, the principal paymaster of the ARHM, which has pretended for years that there were no issues in retirement leasehold.
If we are going to have more of it, it would be good for all new developments to come with their own resident management companies. This will stop developers flogging the management contract to the highest bidder, whose aim – of course – is to make money out of the leaseholders.
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