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Retirement Property Management Companies: Regulation

08 September 2026

Lead MP

Simon Hoare

Debate Type

Adjournment Debate

Tags

EconomyStandards & Ethics
Other Contributors: 1

At a Glance

Simon Hoare raised concerns about retirement property management companies: regulation in the House of Commons. A government minister responded. Other MPs also contributed.

How the Debate Unfolded

MPs spoke in turn to share their views and ask questions. Here's what each person said:

Lead Contributor

Opened the debate
Simon Hoare, MP for North Dorset, highlighted the issues faced by residents of retirement properties managed by companies like Cognatum Estates. He cited multiple cases where residents were ignored and felt powerless to raise concerns, especially due to their age and health conditions. Hoare emphasised the need for transparency, accountability, clear communication, and independent audits of financial records. He called for a thorough assessment of the Association of Retirement Housing Managers and urged the government to address the lack of enforcement under the Landlord and Tenant Act 1985.

Government Response

EconomyStandards & Ethics
Government Response
Florence Eshalomi, responding for the government, acknowledged the concerns raised by MPs and pledged to work towards enhancing provisions and choice in the residential market for older people. She highlighted the need for better management practices and transparency in retirement property management. Eshalomi committed to reviewing recommendations from the Lord Best report on managing agents and to introducing a code of practice setting out minimum standards expected of residential property agents. She also committed to consulting on mandatory professional qualifications for managing agents and replacing poor performing managing agents. The Minister emphasised the importance of protecting consumers and residents in the retirement sector, and promised to engage further with Members on these issues.
Assessment & feedback
Summary accuracy

About House of Commons Debates

House of Commons debates take place in the main chamber of the House of Commons. These debates cover a wide range of topics including government policy, legislation, and current affairs. MPs from all parties can participate, question ministers, and hold the government accountable for its decisions.