Ministry of Housing, Communities and Local Government written question – answered on 16th November 2020.
To ask the Secretary of State for Housing, Communities and Local Government, what progress his Department has made on commissioning research on establishing an online database to provide information for prospective buyers on event fees associated with leasehold retirement properties.
To ask the Secretary of State for Housing, Communities and Local Government, what progress his Department has made on a consultation on the implications for consumers and buyers of spouses’ and live-in carers’ succession rights to stay in a leasehold retirement property, without payment of an event fee.
In 2017, the Law Commission published a report of their review of event fees on behalf of this Department. The Law Commission made a number of recommendations in its report, which can be downloaded at http://www.lawcom.gov.uk/project/event-fees-in-retirement-properties.
The Government responded to the Law Commission, thanking them for the report and agreeing to implement the majority of the recommendations. The Government is further considering two recommendations, on succession rights and a database of leasehold retirement properties with event fees, and will make an announcement in due course.
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