Buying a retirement home – What you need to know

Retirement homes can be an excellent option; they can ensure you have independence as well as support and a community around you. But as always when it comes to purchasing a property there are things to consider and be aware of before making your decision. Andrea Tankel explores top things to be aware of when looking at purchasing a retirement property.

Retirement properties often come with a number of excellent amenities – some of the top-class facilities in the UK have swimming pools, on-site salons and cafes, for example.

People are also drawn to this way of living as it offers support but also independence – you still own your own home in a community of like-minded people who share your interests.

However, as a result of these additional benefits of a retirement property, there are a number of issues to be aware of when looking to purchase a home in one of these developments – and a number of pitfalls to be aware of so you’re not caught out – or left out of pocket.

Andrea Tankel explains what you need to know before buying a retirement home with publication themoneypages.co.uk.

Click here to read Andrea’s tips including ground rent and services charge concerns.  

Ten Tips for Buying A Home
Views & Insights

Ten tips for buying a home

Residential Conveyancing expert Steve Kenneford shares his top tips to consider when purchasing property.

Contact Andrea

If you would like more information about how we can help you with matters relating to this topic, please do not hesitate to contact Andrea on 020 7183 5683.

© SA LAW 2020

Every care is taken in the preparation of our articles. However, no responsibility can be accepted to any person who acts on the basis of information contained in them alone. You are recommended to obtain specific advice in respect of individual cases.