Our affordable retirement apartments are part of what’s known as the Leasehold Scheme for the Elderly (LSE). You can usually buy one of these homes if you’re 55 or over, not elderly at all!
Apartments were built under the LSE using money from the Government, so we’re able to sell them at an affordable 70% of the current market value. This makes them a good value home for life.
If you buy a retirement apartment you don’t have to pay any additional money to us, other than the standard service charges that everyone pays for things like communal gardening or cleaning.
What are the advantages of living in a retirement apartment?
You pay a subsidised price for your home and live with peace of mind, knowing your home and gardens around you are looked after by us. You’ll also:
- live close to people of a similar age, so there’s lots of opportunities to make new friends!
- be close to local shops and transport
- have comfort knowing that if you decide to sell your home, the lease says we’ll buy it back from you (if you don’t find a buyer yourself after six months from the date you let us know you wish to move).
Ready to find your retirement home with us? Find out more on our Independent living for older people page.