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16/08/2022 Wadswick Green, Siddington Park, Homewood Grove, General
For many retirees, the thought of moving home can be an unsettling process, particularly when factoring all the additional and often hidden costs, this coupled with the ever-increasing cost of living, can be a deterrent for many.
Retirement living specialist Rangeford Villages at Siddington Park in Cirencester, Wadswick Green* in Wiltshire and Homewood Grove in Chertsey has introduced a range of different buying options and solutions to make the buyer moving journey as simple, stress free and flexible as possible.
A recent survey conducted by fund manager Schroders showed there is a significant gap in expectations of what life in retirement will cost and the actual reality. The report found in the UK, savers expect living expenses to account for 38% of their yearly incomes, however in reality, retirees say they spend around 53% to cover their costs.”
With this in mind, and to help make moving more affordable, Rangeford offers four different fee options. By ensuring that all fees are completely transparent, increasing only once a year based on the Retail Price Index (RPI), Rangeford guarantees there won’t be any unforeseen increases for residents. Furthermore, the cost effective and comprehensive fee structure, may also work out lower than what buyers might expect to pay on the upkeep of their current homes.
Howard Nankivell, Chief Executive Officer at Rangeford Villages commented:
“Our fee structure has been designed to give buyers complete peace of mind in these uncertain times. We understand the ever-increasing cost of living and the additional costs associated with buying a home can be a real concern for many. Our fee structure is both transparent and flexible, putting buyers in control, by offering a range of ways to pay, based on their individual circumstances, letting them have more money in their pockets at a time that’s right for them.”
The four different fee options allow buyers flexibility to suit their individuals’ financial situations and personal preferences, including paying as little as 25% of the monthly Community Fee and a Deferred Community Fee of 4% of the Indexed Value per year capped at 30%.
With Village services and amenities also included as standard for the benefit of all residents, including Spa facilities for residents’ friends and families, 24-hour emergency support services, concierge and scheduled transportation, and the upkeep and maintenance of communal areas, buyers can relax knowing that everything is covered and there will be no unexpected additional hidden costs.
Optional additional services, including the village’s domiciliary care agency Rangeford Care. Housekeeping, and Wellbeing Team, are also available for those who need it, at an additional charge.
For further details about the full range of fee options available please call the friendly team at Siddington Park on 01285 580920 Wadswick Green on 01225 584 500 or Homewood Grove on 01932 645570 or visit www.rangefordvillages.co.uk
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