Developer wants 63% of retirement flat sale price

My widowed sister-in-law has dementia and we need to sell to fund her care home, but the charges seem excessive

The sheltered housing provider Anchor is taking more than 60% of my widowed sister-in-law’s nest egg, which she needs to fund her care home.

She and her late husband bought a £59,995 retirement flat at an Anchor development in Leominster in Herefordshire in 2004. She now has dementia and has had to move out of the flat into full-time care.