Retirement dreams shattered by property scam?

Updated
Elderly man at home
Elderly man at home

100 pensioners have told an inquiry that their retirement dreams have been shattered, after they spent up to £135,000 on mobile homes, in order to live out a stress-free down-sized retirement in East Yorkshire. It was only after they parted with the money that they discovered they were not allowed to live in the properties.

So what went wrong, and what do you need to watch for when you're considering downsizing?
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