Safeguard your capital
The Retirement Security approach helps owners to safeguard their capital in several ways.
Control costs within your property and for the court
Each property has its own independent heating and utilities supply. Being equal share owners of the management company, owners also, collectively, control overall costs and ensure their court is run efficiently.
You purchase your apartment on a leasehold basis, just like any other leasehold property. This means that when you sell the property the only other consideration is a maximum 3% transfer fee payable to the freeholder (see Transparent Costs). This means that you are able to retain the maximum proportion of your capital and pass it on to family.
At courts managed by Retirement Security Ltd, extensions to original 99 year leases are available without the usual premium charged. Please see: Not for Profit
Your costs are often lower than before
As an owner, your monthly service charge covers many items which you now pay for separately, such as building maintenance, gardening and home help. Indeed, especially after factoring in the allowances we help and encourage all owners to claim, they are often better off, every month.
Each of our courts is a not-for-profit company, reinvesting into the up-keep and improvement of the property. Your investment remains protected.
Our priority is always value for money and helping owners to retain their hard earned capital.
It’s easier to be happier and healthier in a Retirement Security court
Freed from many day-to-day concerns and living in a more sociable environment, owners tend to be healthier and happier and stay completely independent for longer.
Reduce the likelihood of needing to move into a care home
Should you ever need extra care, all of our courts are designed to facilitate extra care through 24 hour managers on call, additional restaurant, laundry and home help services. In addition, the majority of courts are Care Quality Commission registered and can help to draw up a personal care service plan and find good quality service providers.