Retirement properties at Redwood
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. Note: A Monthly Management Fee and Deferred Management Charge apply to the sale of all properties. About fees.
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Note: A Monthly Management Fee and Deferred Management Charge 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 Redwood we offer flexible options when purchasing your property (please note, this may vary). 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:
- Option 1: a monthly management fee of £1,401.53 and a deferred management charge of 5% per year or part-year for years 1-6, up to a maximum of 30%
- Option 2: a monthly management fee of £700.77 and a deferred management charge of 6.25% per year or part-year for years 1-6, and from year 7, 1.25% per year
Full details are shown on each property listing below and full details are also shown in our Key Facts and Costs Explained documents, as seen 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 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. For properties being sold by an Audley owner or where Audley is acting as an agent for the vendor, a monthly ground rent may be charged.
