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Episode details

Radio 4,23 Jun 2018,30 mins

New property ground rents ban

Money Box

Available for over a year

Retirement home developers are fighting back against government plans to ban the sale of new homes on a long leasehold basis and also to scrap regular payments from leaseholders to freeholders in England. The move would shut down a key source of income for some companies which had been hoping they would be exempt. Guest: Clive Fenton, Chief Executive Officer, McCarthy & Stone plc. The owner of Clydesdale Bank and Yorkshire Bank has announced plans to buy Virgin Money for £1.7bn. What might the deal mean for the banking sector? Guest: independent banking commentator Frances Coppola. Dennis Hall from Yellowtail Financial Planning and Lesley James from Simplified Money discuss why finding and comparing the cost of financial advice isn't a straightforward process for many potential clients. At what point should price transparency for consumers start? Presenter: Paul Lewis Producer: Charmaine Cozier Editor: Andrew Smith.

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