The BBC One Show on prime time telly featured retirement housing earlier this week (November 22). It can be viewed here at 2.09 minutes The presenters warned that retirement housing can come with a “financial sting in the tail that can hit families at the worst possible time”. Sebastian O’Kelly, of Carlex / LKP, which […]
The Association of Retirement Housing Managers launched its new ARHM code of practice this week, which has at last obtained approval from the secretary of state. This means breaches of the code can be referenced in litigation, which can be very useful in a property tribunal dispute. The code has been worked on for some […]
Just as George Osborne backs huge expansion of the wretched state of retirement housing provision in this country, up pops the Law Commissioner Stephen Lewis to point out one aspect that is very wrong with it: exit fees, or now called event fees. And he wants to hear your views on the subject before January […]
Peverel / FirstPort paid ‘£40,000′ of residents’ contingency fund money to Mr Tchenguiz ‘by mistake’
In an extraordinary admission, Peverel / FirstPort says it has paid over thousands of pounds of contingency funds at Hillside Court, Ormskirk, to the landlord “by mistake”. Residents estimate that up to £40,000 is at issue, involving the one per cent contingency fund fess payable on sale of the properties.