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The acquisition of Peverel by Chamonix Private Equity and Electra Partners LLP has taken place recently. This has brought to an end a period of uncertainty and speculation which can only be a good thing for Peverel’s customers and staff.
Peter Girling, Chairman of Girlings Retirement Rentals comments: “The increase in the number of renters reported by Countrywide is mirrored in the over 55s market. A greater number of the retired and semi-retired are realising the financial benefits of renting in retirement. They no longer want home ownership; they want to access their capital and are either selling their homes to downsize or moving from mainstream rental accommodation into purpose built retirement developments to benefit from a more social and community-led way of life."