The Benefits of Retirement Living
If you are looking to buy a retirement property, but don't know where to start? Then review our summary below:-
Retirement properties are built “bespoke” to suit occupiers in the 55+ age group. There are many developers now providing this type of accommodation to appeal to the ageing population in the UK.
Due to such high demand for retirement properties developers are offering an array of build types which include small blocks of apartments located in small towns and villages. Retirement villages are usually situated within walking reach to a post office, bank and supermarket.
Retirement properties are normally are designed for convenience to the occupiers and provide:
- house manager or warden.
- communal lounge.
- communal launderette.
- communal gardens and/or courtyard.
- integral alarm system from all properties/occupiers.
The warden will provide assistance for residents and supervision of the property and its grounds.
Retirement flats usually have a minimum occupancy age of 55.
Retirement flats are usually leasehold rather than freehold.
Once all retirement properties are sold the responsibility for the management of the block usually passes from the developer to a Managing Agent who specializes in retirement property management.
For Managing Agents in your area see www.flat-living.co.uk/services/managing-agents.htm
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