Retirement properties at Fairmile
Each retirement home, cottage or apartment in one of our communities is set in a beautiful and secure environment, surrounded by exquisite grounds and facilities, including restaurant, health club and a care and support team.
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Note: A Monthly Management Fee (MMF) and Deferred Management Charge (DMC) apply to the sale of all properties.
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A monthly management charge and deferred management fee apply to all properties sold in an Audley village. At Audley Fairmile we offer two flexible options when purchasing your new property. Option 1 includes a higher monthly management fee but a lower deferred management charge when the time comes to resell your property. Option 2 includes a lower monthly fee, with a higher deferred charge at the time of reselling:
- a monthly management fee of £1,448.16 and a deferred management charge of 5% per year or part-year for years 1-5, 3% per year or part-year for year 6 (up to a maximum of 28%) applies when choosing Option 1.
- a monthly management fee of £724.08 and a deferred management charge of 6.25% per year or part-year for years 1-5, 4.25% per year or part-year for year 6 and 1.25% from year 7 apply when choosing Option 2.
Full details are shown on each property listing below and full details are also shown in our Key Facts and Costs Explained documents, as shown on our fees page.
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How it works
When buying a retirement property in an Audley village you buy and own your own retirement home, in a beautiful and secure environment. Plus, you have the added luxury of having your gardens and property maintained for you. Each retirement property in one of our villages is sold with a lease of up to 250 years (length of lease varies by village). A monthly management fee and deferred management charge apply to all properties.
