{"id":160696,"date":"2025-09-09T13:00:06","date_gmt":"2025-09-09T06:00:06","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developer-wants-63-of-retirement-flat-sale-price\/"},"modified":"2025-09-09T13:17:46","modified_gmt":"2025-09-09T06:17:46","slug":"developer-wants-63-of-retirement-flat-sale-price","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developer-wants-63-of-retirement-flat-sale-price\/","title":{"rendered":"Developer wants 63% of retirement flat sale price"},"content":{"rendered":"


\nMy widowed sister-in-law has dementia and we need to sell to fund her care home, but the charges seem excessiveThe sheltered housing provider Anchor is taking more than 60% of my widowed sister-in-law\u2019s nest egg, which she needs to fund her care home.She and her late husband bought a \u00a359,995 retirement flat at an Anchor development in Leominster in Herefordshire in 2004. She now has dementia and has had to move out of the flat into full-time care. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Developer wants 63% of retirement flat sale price<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

My widowed sister-in-law has dementia and we need to sell to fund her care home,...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-160696","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-FNS","jetpack-related-posts":[{"id":149378,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/i-had-to-sell-my-fathers-retirement-flat-at-less-than-half-price-and-that-took-six-years\/","url_meta":{"origin":160696,"position":0},"title":"I had to sell my father\u2019s retirement flat at less than half price \u2013 and that took six years","date":"February 4, 2025","format":false,"excerpt":"\r While we were waiting an age for a sale, keeping it cost us \u00a34,000 a yearIt has taken me six years to sell my father\u2019s retirement flat for less than half of what he paid for it. For most of that time we have had to pay annual service\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":86705,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/do-retirement-villages-live-up-to-the-glossy-hype\/","url_meta":{"origin":160696,"position":1},"title":"Do retirement villages live up to the glossy hype?","date":"April 28, 2018","format":false,"excerpt":"\r The brochures promise a \u2018first class\u2019 lifestyle, but buying there may not make sense financiallyDenise Eede\u2019s parents were among the pioneers of a new form of housing when they bought a flat in Britain\u2019s first privately owned US-style retirement community, a 28-acre complex outside a leafy Surrey village. Her\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146823,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/my-brother-has-fallen-victim-to-the-retirement-home-transfer-fee-money-grab\/","url_meta":{"origin":160696,"position":2},"title":"My brother has fallen victim to the retirement home transfer fee money grab","date":"August 26, 2024","format":false,"excerpt":"\r He and others continue to be fleeced by an \u2018indefensible revenue stream\u2019 set up by freeholdersIn 2022 my brother bought a flat in a retirement complex built by McCarthy Stone. A year later he had to move to a care home because of cognitive difficulties, and I am now\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":93461,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/studio-flat-in-hong-kongs-north-point-on-sale-for-record-hk10-million-as-shkp-shrugs-off-carrie-lams-new-cooling-measures\/","url_meta":{"origin":160696,"position":3},"title":"Studio flat in Hong Kong\u2019s North Point on sale for record HK$10 million as SHKP shrugs off Carrie Lam\u2019s new cooling measures","date":"July 6, 2018","format":false,"excerpt":"\r A tiny studio flat in Hong Kong\u2019s North Point district has gone on sale for more than HK$10 million (US$1.27 million), thought to be a record for the area, as developer Sun Hung Kai Properties appeared to shrug off new cooling measures introduced by Chief Executive Carrie Lam Cheng\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":67340,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/property-agent-punished-for-flouting-cea-rules\/","url_meta":{"origin":160696,"position":4},"title":"Property agent punished for flouting CEA rules","date":"September 25, 2017","format":false,"excerpt":"\r In the latest case, a PropNex agent was suspended for almost one year and fined $6,000 for flouting the rules when representing an elderly couple in the sale of their HDB flat. (Photo: CEA) For violating the Code of Ethics and Professional Client Care (CEPCC), the Council for Estate\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":101430,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-to-provide-more-help-to-seniors-looking-to-unlock-flats-value\/","url_meta":{"origin":160696,"position":5},"title":"HDB to provide more help to seniors looking to unlock flat\u2019s value","date":"November 19, 2018","format":false,"excerpt":"\r More personalised information could soon be provided to help seniors make better retirement decisions, such as the estimated proceeds from the sale of their flats. Unlocking the value of one\u2019s HDB flat can prove to be a complex task, wrote National Development Minister Lawrence Wong in a blog post.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/160696"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=160696"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/160696\/revisions"}],"predecessor-version":[{"id":160697,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/160696\/revisions\/160697"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=160696"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=160696"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=160696"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}