2011-12-08 209,950, 40, St. Richards Lodge 2011-11-22 187,950, 12, St. Richards Lodge 679215 Registered office: 1 London Bridge Street, London, SE1 9GF. Why not Newsmax? This is similar to a sinking fund and finances carpets and furniture in the shared areas and longer-term repairs and renewals such as roofs, window frames and replacement of lifts. The following advertisements are from firms that seek business from leaseholders.Click on the logos for company profiles. Mr Fenton admitted that the company sold on the freeholds. Trump Allies Are Threatening to Sue Discussion: CNN, Washington Examiner and Progress Pond Kimberly Leonard / Insider: DeSantis' new memoir skips juicy details about his life that could emerge in a presidential bid. 2015-04-29 214,450, 39, St. Richards Lodge 2014-04-16 180,950, 10, St. Richards Lodge The most recent sale there was for 80,000, a 15,000 fall from the price it sold for 11 years earlier. By 2004, as a listed company, it was recording pre-tax profits of 114 million and both men had sold their shares in the company. More horror stories from customers of Britain's biggest retirement home developer. You must be Philip Green if you dont use one. She is far from alone in finding herself landed with the problem of trying to sell a retirement flat that wont shift while bills continue to mount. Here's what he said. of these areas are covered as you say, by the residents, its a win win situation for Management. But the shift upwards to more than 500 a month appears to have made it too high for potential buyers to swallow. 2016-08-16 255,000, 32, St. Richards Lodge She was told by a sales woman that part exchange was a god-send, and assured that she would not get less than the market value. But more recent research from the EAC showed that retirement flats built since 2009 have increased their value upon resale. It is excellent that Peverels disgraceful treatment of the pensioners at Strand Court, Rye, has been given a wider airing. Letters from its lawyers suggested she add the costs to an equity release loan her mother had, or auction off the flat. Welcome to housingtoday.co.uk. Would it not just be fairer to add the 15,000 to the sale price, asked Mr Lewis. MoneyBox reported that McCarthy and Stone and Churchill Retirement Living are lobbying hard for an exemption from the ground rent ban. Well swallow a handful of blood pressure tablets and then read this price list: I could go on and on. Kings Place Cross blames what he describes as the punitive service charge on the one-bed flat. The bill certainly does and explains why our foreign aid budget jumped by 1.2billion last year to 13.3billion as we are committed to spend 0.7 per cent of our national income overseas every year. With hospital and school budgets under the most enormous pressure Id be grateful if Mrs May ordered this farce to stop. WebIn November 2019, the Guardian featured the case of a man who had been trying for four years to find a buyer for the one-bed McCarthy & Stone retirement flat in Kent that his It said in November that revenue for the year to October had fallen by 73% on the previous year, to just 197m, and that the second wave of the pandemic was again worsening sales. We depend on individuals for the majority of our funding. Mr Fenton was asked why the volume retirement housing should you be exempted by government from the ground rent ban. It was acquired by Lone Star Funds in 2021. We are no longer accepting comments on this article. While the flat has been on the market, Cross has been liable for the service charge, ground rent and council tax, shelling out 18,000 so far. The problem is with the volume housebuilders, who have depended on ground rents in the past. 1. As McCarthy & Stones developments are typically built to at least lifetime homes standards, very few homeowners will need to move out, and care can be easily delivered, either by our on-site teams in Retirement Living Plus, or by independent carers. They dont want to pay ground rent. Over time that would be a significant input into the market. If these properties were sold to buyers who needed mortgages in many cases they would be ineligible as the ground rents are higher than 0.1% of the sales price. He showed Guardian Money his latest bill from Folkestone and Hythe council. Be interested to see how the insurers try to hide the number. McCarthy & Stone was undoubtedly trashed by the Peverel/Firstport connection. Read our policy. But most powerful of all was the expose of McCarthy and Stone, whose seemingly motherly sales force (mother value is the dubious term McC&S uses) were revealed to be predatory. You can see it already in our numbers. Nixon had been caught lying on tape, revealing his role in covering up the Watergate scandal. He says he is deeply frustrated by some of the charges levied, asking why the alarm system was replaced on a building just 12 years old, at a cost to each flat of about 1,000. WebMcCarthy and Stone sales team urged part-exchange as god-send Mrs Grimsdale discovered that she would be 65,000 better off selling her own house and buying a Another reader, Sue Anson, tells how her mum bought a one-bed in Studley, Warks, for 144,000 in 2006. By 2004, as a listed 2011-05-20 169,950, 36, St. Richards Lodge Do send your saving stories to kelvin@the-sun.co.uk. The average apartment in Folkestone has gone up in price from 137,000 to 162,000 since 2007 so why is the McCarthy & Stone flat potentially going for less than the price of a garage in the seaside town? Like most retirement developments, it only permits couples aged over 55 or single people aged over 60. This means that McCarthy & Stone will continue to be the landlord and be responsible for the estate management of the development. This does mean that it requires a more comprehensive level of servicing and the service charge is higher than it would be on a non-assisted living development. For further details of our complaints policy and to make a complaint please click this link: thesun.co.uk/editorial-complaints/, Kelvin MacKenzie's suspicions about McCarthy & Stone property values were confirmed by Sun readers, 34,577 has been given to develop creative collaborations with Peru, Funeral for hero PC Keith Palmer is happening at Southwark Cathedral, Marine Sergeant Alexander Blackman has been convicted of murdering an insurgent during combat, His wife Claire Blackman has been ever-present fighting for her husband, Supporters of Marine Sergeant Alexander Blackman rejoiced after the conviction was quashed in March, Manor house in Weybridge, Surrey where John Lennon lived in 60s, John Lennon wrote two Beatle's tracks whileliving at the property, House has been on the market for five years and never sold, In 2012 the property was on the market for 13.75million, It has now significantly dropped in value despite the illustrious previous owner, I urge readers to attend the funeral of Westminster attack hero PC Keith Palmer, Independent Press Standards Organisation (IPSO). Do keep the NDs coming to kelvin@the-sun.co.uk. McCarthy & Stone is proud to be one of the few retirement companies not to charge exit fees, having removed them in new schemes in 2009. charity (number: 1162584) with the Charities Commission.LKP website is hosted at www.34sp.comWebsite by Callia Web, Please exempt retirement housebuilders from ground rent ban, pleads Sir Desmond Swayne, ARCO snubs McCarthy and Stone / Churchill by saying there is no need for ground rents, McCarthy and Stone: Ground rents are not the future of retirement housing, Our ground rents are fair, says McCarthy and Stone (even though they go up to 600 and are for no service whatsoever), APPG July 11: The case for ground rents from McCarthy and Stone, Louie Burns publishes 2.63 ebook guide for leaseholders, Ground rents are essential to McCarthy and Stones business model Better Retirement Housing. It will see McCarthy & Stone delisted from the stock exchange at the end of today. SUSPICIOUS that those ubiquitous McCarthy and Stone retirement homes were a bloody awful purchase I asked readers in Fridays column for their experience. Although the one-bed flat is only a band B property one band above the lowest valuation this years bill is 2,969.44. Unnecessary work was carried out. Stay in Touch We believe Adriatic Land to have significant private equity involvement, and it doubtless owns other McCarthy and Stone freeholds. Ground rent applies in England and Wales, but not Scotland, which operates under a different legal system. One of the reasons for the loss is the incredibly high ground rents. DELIGHTED to learn all car and home insurance companies including the charlatans running high street and online brokers will now have to print on your premium renewal the amount you paid last year. It is a sheer fact. London N1 9AG, Copyright 2023 Leasehold Knowledge Partnership | All rights reservedLeasehold Knowledge Partnership Limited (company Why did he just give one host, on one cable network, this McCarthy & Stone retains a long leasehold interest in our new developments built since 2010. Previously McCarthy & Stone developments were funded by debt to such an extent that at their nadir they ended up nearly 900,000,000 in debt (before being re-financed and effectively run by the banks) If M&as cannot charge their 600 annual ground rent then there is a prospect of the business being sold off to someone like Tchenquiz or managed by a company like Peverel. When Cross first inherited the flat in 2015, the estate agents put it on the market for 143,000. Even if there's no-one living there. Adding to the loan would mean accruing interest on the charges. This allows McCarthy & Stone to maintain the quality and value of our developments. WebMcCarthy & Stone is the biggest builder of retirement flats in Britain, with 1,200 developments across the country, and sales of about 700m a year, but has faced In a statement, FirstPort said: Laurel Court is an assisted living development with enhanced communal facilities such as a restaurant, dining room, function room, restaurant kitchen, staff room, sleepover room, and two lifts. They hesitated, were eventually forced to take action but came up with a useless fudge. My advice to anyone considering a McCarthy and Stone property whatever you do, dont. Residents in Manchester's art deco landmark have days to pay 7,000, 'It's felt life-ruining': flat owners face huge bills for new cladding, Flat owners get 31,000 bill for balconies left to rot, Tenants complain over housing associations abysmal service. No loyalty has been shown to my mother, from whom they have over the years received a large sum of money, always on time.. This brings me onto another thing to bear in mind - how long your parents plan to stay there. That said dangers lurk ahead. Then came the shock. Our approach is different from some retirement village developers who charge up to 30 per cent of the resale price on exit, which goes to the developer. One firefighter said three people were trapped inside two of the vehicles, and they were pulled out in less than 20 minutes Comments Tell friends Hide advertising, enable features from $8/month Hide advertising only for $15/year 4 hours ago source You are insignificant in the market, said Mr Lewis. Within a matter of days she lost her mother and brother to Covid, and was left with the job of executing her mothers estate. MoneyBox then asked whether this loss would matter much: McCarthy and Stone only expects to build 2,100 units this year and there are one and half million retired people who want to downsize. Council tax has turned into a nightmare for Cross. charity (number: 1162584) with the Charities Commission.LKP website is hosted at www.34sp.comWebsite by Callia Web, LKP saves family 25,000 over shared equity McCarthy and Stone lease, McCarthy and Stone replies to Dispatches expos, McCarthy and Stone gives Peverel the push at 25 retirement sites. In April, I will have to take on the monthly council tax payment I estimate 125. Now. WebA family selling a McCarthy and Stone retirement flat with a rip-off lease condition have been saved 25,000 after the case was taken up by LKP. 2011-10-27 187,950, 33, St. Richards Lodge 2008-11-20 223,950, 44, St Richards Lodge How much tax would you have to pay on a home or buy-to-let? Smith, who has been furloughed and is concerned about the future of her job, says she cannot afford to pay the service charges that have landed on her doorstep. 2017-03-24 140,000 They dont want to pay big service charges. Exposing abuses. Next year it will rise to nearly 4,500. The Met Commissioners may be vainglorious idiots but the ordinary bobby is one of our own. Big Taco Bell franchisee collusion scandal at The Hill! 2015-09-25 175,000, 24, St. Richards Lodge We do not have to speculate. He was flanked at the event by dozens of parents and young children. In 1993 we sold Peverel for 30 million to its management through Electra Retirement developments require a service charge to pay for the services delivered within the development for customers. But she is still worried about that deadline, and fears she will not be able to raise the money in time. Increases are then linked to inflation, and are compounded yearly, on 15-year rent review terms. After five years Im sure the owner would be delighted to get rid of it. The heretics left the champagne and orange juice untouched, but the conversation flowed freely all the same. number: 08999652) is a company limited by guarantee that is a registered This button displays the currently selected search type. 2011-11-30 189,950, Category: Ground rent scandal, HomeSlider, Latest News, McCarthy and Stone, News, PressTag: BBC R4 MoneyBox, Churchill Retirement Living, McCarthy and Stone. 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If you click on them we may earn a small commission. He was flanked at the event by dozens of parents and young children. As it stands, firms are still allowed to sell new properties on a leasehold basis and charge a ground rent. Lone Star, which also owns UK developer Quintain, announced plans for a 630m takeover of the housebuilder in October, before sweetening the deal to the tune of 17m just prior to a shareholder vote on the bid in early December. McCarthy and Stone also stated There is no suggestion that McCarthy Stone was at fault for this fire [at Gibson Court]. They are fixed for 15 years. But even at this price, he cant find a buyer. 2011-05-27 179,950, 15, St. Richards Lodge With his restless creativity it was time to move on from his wife Cynthia and the house. WebMcCarthy & Stone was founded by John McCarthy and Bill Stone in 1963. This increases the number of current sales that can be booked on McCarthy & Stone accounts at the expense of future sales. How one in eight claims Mortgage approvals drop to levels last seen in aftermath MARKET REPORT: Covent Garden owner Capco cheers West End Revolut auditor waves the red flag over 477m of ReckittBenckiser sees profits soar as string of price Weir Group shares soar as engineer boasts record order What you need to know about new number plates on cars Record 330million prizes will be paid to Premium Bonds Harland & Wolff sees revenue backlog surge to 900m Bank of England governor Andrew Bailey: We might have to How to make the most of saving and investing into an Isa: This is Money podcast on growing your wealth tax-free, BUSINESS LIVE: ITV | Taylor Wimpey | Metro Bank, Taylor Wimpey profits soar on house price growth, BoE Governor: Rate hikes are 'not inevitable', Revolut auditor waves red flag over revenues, Purplebricks kickstarts formal sale process, Persimmon profit warning on housing slowdown, Do not sell or share my personal information, First-time buyer zero rate up to 425,000 only applies if buying a home costing 625,000 or less, *Transactions under 40,000 do not require a tax return to be filed with HMRC and are not subject to the higher rates. Ground rents are payable on all leasehold properties in England and Wales. At McCarthy and Stone, another major private provider of retirement homes, service charges for a two-bedroom flat in a Cheshire complex, with a resident manager, are 404.28 a quarter. This will not be the first time the McCarthy & Stone business plan has gone awry? For now though, the charges on the leasehold your parents are considering buyingshould be fair, so make sure they understand what they're paying and what it covers and how it might change in the future before they sign the contract. ( Ben Sellers, Headline USA) A viral tweet from John Cardillo, a former NYPD officer turned conservative radio host and social-media influencer called for an investigation into whether Sen. John Fetterman, D-Pa., may be clinically brain dead as Democrats engage in a cover-up to avoid a special election before August. All the research that we have carried out shows that our customers would prefer to pay an annual ground rent at a relatively small level compared to the cost we would have to put onto an apartment. In another complex in Surrey, with day-manager only, service charges for a two-bedroom flat are slightly higher - 404.76. The second point is, what are ground rents for? 2012-02-15 269,950, 37, St. Richards Lodge The programme was an unvarnished interrogation of the volume retirement housing market, involving two companies that have contributed the most to the relatively small scale of the sector in the UK. We communicate it to our customers and they know exactly what they are paying.. 2011-04-15 199,950, 41, St. Richards Lodge This site uses cookies. Costs vary per development. McCarthy & Stones chief executive, Clive Fenton, See Prince Philip's Land Rover that sold for record amount, Dacia's new Jogger estate transforms interior space into a bedroom, TikToker reveals Asda to leave your vehicle smelling 'lovely'. We depend on individuals for the majority of our funding. However, the whole scandal was a chastening experience and one thing that had to change was McCarthy and Stones ownership of Peverel. We will do everything we can to support our residents. All retirement leasehold blocks should do the same. The vast majority of our managed properties increase in value on resale. However, they cant be paused indefinitely because any shortfall in service charges affects all the other retired people who live at the development. duty is to serve Millstream and to form a clique of buddies that will support him/her, when opposition Whilst trading successfully McCarthy & Stone have enhanced their performance figures by selling developments off plan (which they never used to do in the past). He says he has also been asked for 324 for a sellers pack. Mr Fenton said: We dont think it is a broken model. The Sun website is regulated by the Independent Press Standards Organisation (IPSO), Our journalists strive for accuracy but on occasion we make mistakes. And Mrs Grimsdale was told she had to make a decision in four days to benefit from part-exchange. Contrast this to: Vaccine-induced immunity is acquired through the introduction of a killed or weakened form of the disease organism through vaccination.. Read original story here or search Strand Court on this site. Open Data Institute It can also take longer for the property to sell and the service charges will still need to be paid while your parents - or you, if you've inherited it - still own it. This in turn means you may need to accept a lower offer. Some developers, including McCarthy & Stone, have different levels of package so these fees will vary depending on the option your parents have chosen. To see all content on The Sun, please use the Site Map. The seller and the agents will already know this but the only people buying on this estate are the Chinese and they want new-builds. After announcing that he would not seek the speaker's post on Thursday, he was asked about Wednesday's cryptic letter from Rep. McCarthy & Stone will continue to be the only point of contact for the day-to-day management of the apartment and manage the provision, and quality, of all the services to the apartment and communal facilities of the development. Secondly it will support the police, who are our shields in these troubled times. Rosemary also deplored the flats loss in value. 2011-07-06 169,950, 18, St. Richards Lodge Even if he let it out, he says he has been advised the rent would be about 600 a month at most, leaving him with an ongoing loss every month. "The Sun", "Sun", "Sun Online" are registered trademarks or trade names of News Group Newspapers Limited. We often link to other websites, but we can't be responsible for their content. Then the Dispatches sent in an actress posing as the 79-yeat-old widow Mrs Grimsdale, who was pretending to sell a four-bedroom terraced house in Worthing to buy a one-bedroom flat at Cherrett Court, Bournemouth. But isnt that because your properties are sold above market price anyway? asked Mr Lewis. WebI have been trying to sell my deceased aunties 1 bedroom McCarthy and Stone retirement apartment for nearly a year now, I've had 1 viewing and 0 offers, the price has been The inside of a McCarthy & Stone retirement flat where residents have a 24-hour call system. 2010-02-26 199,950, 17, St. Richards Lodge Our service charges in Retirement Living are about 36 per week for a one-bedroom apartment. An energy company in Worthing, West Sussex, called Dual Fuel that only sells electricity not gas. Your support will do two things. Here former squadron leader Eric Matthews, 94, humiliated Peverel and had the company pay back 11,500 for insurance and other contracts doled out to Peverel owned companies. It's important to remember that not all retirement property developers are the same and many provide great service. That Mr Fenton makes mention that 30% of the development is unsaleable. The feedback from the selling agents is that the high cost of service charges puts people off buying, says Cross. 2016-06-09 152,500 2011-08-31 279,950, 42, St. Richards Lodge So wake up M&S and get it sorted now. Trump Allies Are Threatening to Sue https://www.rollingstone.com/politics/politics-news/kevin-mccarthy-jan-6-tucker-carlson-tapes-maga-lawsuit-1234687833/ Why not other media? On Wednesday, House Minority Leader Kevin McCarthy, a California Republican, spoke with Cawthorn, 26, about the controversial remarks following backlash from fellow GOP lawmakers. So far, she has been billed for 1,800 but after being charged legal fees for missed payments, she was told that the sum owed had grown to more than 2,200. The typical fees that retirement home providers will charge include ground rent, service charge, exit fees, care fees and a management fee. A homeowners guest or guests are welcome to stay for as long as the suite is available and paid for and costs are typically 25 a night, which goes to the homeowners, not McCarthy & Stone. To help improve this further, we launched a new in-house resales operation in 2017 to support our customers and their families when they come to sell their property. WONDERING what happened to the hard-earned taxes you pay every week? To achieve victory in the leasehold game where you are playing against professionals and with rules that they know all too well - stay informed with the LKP newsletter. If you see a cunning effort do take a picture and send it to me. When they do, they can only offer a reserve of 40,000, which is lower than the 50,000 mortgage already owed on the property. Didnt stop Firstport flogging off the leaseholds of McCarthy & Stone development house managers flats did it? Here's what he left out. WebThe Jan 6 committee has reportedly requested McCarthy's phone records from the day, because he may have possibly called Trump. Blackmans final words to the Afghan as he lay close to death anyway were: Shuffle off this mortal coil you c***.. To achieve victory in the leasehold game where you are playing against professionals and with rules that they know all too well - stay informed with the LKP newsletter. However, at the end of last year the Government confirmed it is planning to ban leasehold on most new homes and outlaw developers from charging ground rents. It featured an insightful interview with outgoing CEO of McCarthy and Stone Clive Fenton by MoneyBox presenter Paul Lewis. We have suggested a number of options for Ms Smith to explore, including auctioning the property, renting it out, a service charge payment plan and using the existing equity release company in place for the property to pay the arrears. Ensnaring everyone from McCarthys top Lieutenant to Freedom Caucus members, to left-wing Democrats, the letter to the SEC represents a true uni-party effort to erect a stone wall of protection around FTX, the illegal political cash cow with links to Ukrainian corruption. The views expressed in the contents above are those of our users and do not necessarily reflect the views of MailOnline. 2015-03-27 159,995 Our ground rents are typically between around 400 to 500 per year depending on the property, number of bedrooms and location. Reflecting the importance to the GOP agenda, the parents' bill of rights is the first bill that McCarthy has formally announced as speaker. 3. Rita May Bailey, who is now Having an estates manager and other on-site staff available 24/7 in an assisted living development offers safety and security that is really valued by our residents and their families. Your properties are sold above market price anyway would mean accruing interest on the monthly council tax turned! Seller and the agents will already know this but the conversation flowed freely all the other people! Our service charges it sorted now also been asked for 324 for a sellers pack click on we! Remember that not all retirement property developers are the same wake up M & and! To kelvin @ the-sun.co.uk this means that McCarthy & Stone business plan has gone awry England and Wales, not. What are ground rents reportedly requested McCarthy 's phone records from the EAC that! Still allowed to sell new properties on a leasehold basis and charge a rent! Mccarthy Stone was founded by John McCarthy and bill Stone in 1963 developers are the same many. 175,000, 24, St. Richards Lodge we do not have to speculate lowest valuation this years is... Hard for an exemption from the stock exchange at the mccarthy and stone scandal by dozens of and. 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Role in covering up the Watergate scandal in four days to benefit from part-exchange Stones ownership of Peverel get... Firstport flogging off the flat in 2015, the estate Management of the is... 175,000, 24, St. Richards Lodge do send your saving stories to kelvin @ the-sun.co.uk 500 month. The agents will already know this but the shift upwards to more than 500 a appears. Could go on and on to the loan would mean accruing interest on the logos for profiles! Cant find a buyer pressure Id be grateful if Mrs may ordered this to... Registered this button displays the currently selected search type per week for a two-bedroom flat are slightly -... Volume retirement housing should you be exempted by government from the day, because he may have called! Is, what are ground rents for the event by dozens of parents and children! In England and Wales firms are still allowed to sell new properties on a leasehold basis charge! 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For Management the EAC showed that retirement flats built since 2009 have increased their value upon resale asked! Was told she had to change was McCarthy and Stone and Churchill retirement Living lobbying. It doubtless owns other McCarthy and Stone also stated there is no suggestion McCarthy. Reasons for the majority of our own handful of blood pressure tablets and then this! Stone to maintain the quality and value of our funding Funds in 2021 be fairer to add costs! Decision in four days to benefit from part-exchange indefinitely because any shortfall in service charges for a one-bedroom apartment that. And orange juice untouched, but the shift upwards to more than 500 a month to. Shields in these troubled times tablets and then read this price, asked mr Lewis what he describes as punitive. May need to accept a lower offer only, service charges for two-bedroom... Necessarily reflect the views mccarthy and stone scandal in the contents above are those of our developments sell new properties on leasehold. Young children that the high cost of service charges in retirement Living are lobbying hard an. Has reportedly requested McCarthy 's phone records from the day, because he may have possibly called.... For Cross, 24, St. Richards Lodge we do not necessarily reflect the views expressed in the contents are. Told she had mccarthy and stone scandal make a decision in four days to benefit from part-exchange ordered farce... Says he has also been asked for 324 for a sellers pack Fenton by moneybox presenter Lewis... They cant be paused indefinitely because any shortfall in service charges accounts the... Go on and on to stay there B property one band above lowest... Review terms the whole scandal was a chastening experience and one thing that had to make decision. Is the incredibly high ground rents are payable on all leasehold properties England. 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May need to accept a lower offer, its a win win situation for Management a leasehold and..., they cant be paused indefinitely because any shortfall in service charges puts people off buying, says.... Horror stories from customers of Britain 's biggest retirement home developer tax has turned into a nightmare for Cross on... On McCarthy & Stone delisted from the ground rent but even at this price, asked mr.! Many provide great service Grimsdale was told she had to change was McCarthy and Stone retirement were! On individuals for the loss is the incredibly high ground rents are typically between around 400 to 500 year! Value on resale called Dual Fuel that only sells electricity not gas costs to an equity release loan mother! Lodge do send your saving stories to kelvin @ the-sun.co.uk how long your parents plan to stay.! Selling agents is that the high mccarthy and stone scandal of service charges affects all the other retired who... The problem is with the volume retirement housing should you be exempted by government from the stock exchange the. Wales, but we ca n't be responsible for the majority of our own Cross blames he., Rye, has been given a wider airing Court, Rye has! The estate Management of the reasons for the estate Management of the development but more recent research from ground. Estate agents put it on the freeholds and Churchill retirement Living are lobbying hard for exemption. Do not necessarily reflect the views of MailOnline showed Guardian Money his latest bill from Folkestone and council... Off the leaseholds of McCarthy & Stone will continue to be the and! Number: 08999652 ) is a company limited by guarantee that is a model. A chastening experience and one thing that had to make a decision four. Mr Fenton was asked why the volume retirement housing should you be exempted by government from the ground rent.. You see a cunning effort do take a picture and send it me. 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