The lease provides that a transfer premium is payable to Retirement Security on resale of a property. The maximum premium payable is 3% of the sale price depending on the length of time an Owner has lived at the property. Further information is available from the Court Manager.
About Osborne Court
Osborne Court is a development of five individually designed lodges comprising 40, spacious, two bedroom apartments. The Court lodges are named after some of the original architects who worked on the unique designs of Port Sunlight Village in the late 19th and early 20th Centuries. Lockwood lodge houses the Court’s comfortable Owners’ lounge and restaurant.
Osborne Court was built in 1999. The original leases were granted for 125 years but the actual period available will depend on the current date and whether any past owner has extended the lease.