May 23, 2017

My granny’s Audley Retirement home ‘was a money pit’ costing £48,000 in exit fees

The Sunday Times yesterday published a powerful article by Harriet Meyer revealing how her family spent £48,160 in fees on selling at Audley Retirement flat. Audley Retirement is one of the upmarket providers in the sector, which Carlex has long argued has even greater exploitative practices at the higher end than the lower. Harriet’s grandparents […]

Buy freeholds to stay rich, says Sunday Times

Depressing news for anyone living in a leasehold flat: buying up freeholds is one of the best ways the rich can increase their wealth, according to the Sunday Times. One fund rose 5.8 per cent last year. This means freeholds are an attractive alternative to artworks or stamps, although London parking spaces have shown a […]