Why is McCarthy and Stone’s head of legal writing today in Inside Housing and saying “we are supportive of commonhold”?
This from a company – for the moment, owned by Texas-based private equity Loan Star Real Estate – that is historically responsible for turning retirement housing in the UK into the dismal failure that it is. And leasehold is at the heart of it.
It is the all-giving gift in a one-way direction from consumers to providers and leasehold explains why so many people of retirement age shun designated retirement housing.