McCarthy and Stone: Ground rents are not the future of retirement housing

By Sebastian O’Kelly, LKP trustee The retirement house builder McCarthy and Stone says that it is struggling, the newspapers are reporting. Profits are down more than 50 per cent for the first half of this year. And it is worried about the long-term implications of the government’s undertaking to reform ground rents, setting them as … Continue reading McCarthy and Stone: Ground rents are not the future of retirement housing