Health9/9/2025The Guardian

Developer wants 63% of retirement flat sale price

Developer wants 63% of retirement flat sale price

The article discusses a case where a developer, Anchor, is taking a significant portion of the sale price of a retirement flat owned by a widowed sister-in-law with dementia. The flat, purchased for £59,995 in 2004, is now being sold to fund the woman's care home costs. However, Anchor is reportedly taking more than 60% of the sale price, which the family finds excessive. The article highlights the financial burden faced by the family as they try to provide care for the woman with dementia.

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