Owner Management

The Management Company is wholly owned and controlled by the leaseholders, which gives them a real voice in decision making and it is this fact perhaps more than any other which sets our Very Sheltered Housing model apart from other assisted living or extra care concepts. It is the fundamental way in which the true independence of Owners at the Courts is protected.

Owners Image

At each Court there is an Owners' Company. The Owner of each apartment or bungalow automatically holds one share in the Owners’ Company and the Owners are the only shareholders.

Shareholders elect their own Board of Directors who meet regularly to take the necessary decisions for the running of the Court and they are the employers of the staff. The Directors are closely supported by the staff of Retirement Security Ltd, the managing agents, which also acts as Company Secretary.

Perhaps most importantly, the Owners’ Company at each Court controls the service charge level and how it is allocated annually.

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Latest News

New Blog Post: England's Housing Strategy

29/11/2011

The Government has recently released its...

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Latest Blog Post: Fairness to Leaseholders

01/04/2011

In his most recent blog post, Stephen La...

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New Blog Post on The National Dementia Strategy

20/01/2011

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7 Steps To Winter Wellbeing

10/12/2010

The recent cold snap has served as a rem...

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Follow our Chief Executive’s Blog

26/11/2010

Retirement Security’s Chief Executive, S...

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