Yorkshire pensioners are facing eviction after discovering their retirement homes are in fact holiday bungalows.
Around 200 people in Beverley, East Yorkshire, invested in properties in Lakeminster Park, believing the site was a retirement complex, the Daily Mail reports. However, East Riding Council has informed the pensioners the site only has planning permission for holiday homes, meaning they are not allowed to live there full time. The council claims the site's developer, Flannigan Estates, has purposefully mis-sold the two-bedroom bungalows. Residents received letters last week informing them the council is pressing ahead with "enforcement action" against them. A council spokesperson...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes