Have you considered renting a retirement property?
More and more people are reaching their retirement years and considering renting when it comes to making their last property move.
In line with this growing trend, we have introduced two rental options that you may want to consider further, as alternatives to buying.
Rental options in retirement
We recognise that everyone’s personal circumstances and financial retirement plans are different, so to help meet individual requirements, we have two rental packages available.
Our Rent to Buy scheme
Our rent to buy scheme allows you to move into your new home much sooner which means you can start to enjoy village life immediately.
It works like this:
- You exchange contracts on your new Retirement Villages property and pay a 10% deposit.
- You move into your new home and enjoy six months, rent free.
- You then have between 6-24 months paying full rent until completion.
Rent to Buy removes some of the time pressure from selling your existing home. It also means you can enjoy six months rent-free living – the only additional costs are your council tax and utility bills.
If you’re not 100% sure which UK location you want to put down your permanent retirement ‘roots’ then a long-term rental could be the perfect option for you.
Equally, it gives you a great opportunity to try out a retirement living lifestyle without having to make a permanent commitment at the outset.
How does this work:
We offer a minimum 12-month assured shorthold tenancies. The monthly rental fee includes full use of all of our exclusive village facilities. The only additional costs incurred will be your council tax and utility bills.
Of course, the great benefit of a long-term rental is no Stamp Duty to pay.
Only properties owned by Retirement Villages are available through a rental package. Rental properties are available at the following villages:
- Charters Village
- Debden Grange
- Elmbridge Village
- Gittisham Hill Park
- Lime Tree Village
- Roseland Parc
- The Priory
For more information about our rental options please contact our head office sales team on 01372 383950 or complete the form below and we will be back in touch with you.