Retirement properties at Willicombe Park
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 a 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 Willicombe Park the Monthly Management Fee (MMF) and Deferred Management Charge (DMC) is dependent on the property as per the lease, please refer to the individual property listing below.
A Deferred Management Charge (DMC) is payable on change of occupier and based on the final achieved sale price or the open market value, whichever is greater. 1.5% per year of the final achieved sale price, or the open market value, whichever is greater, in year 1 followed by 0.5% per subsequent years up to a maximum of 5%.
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.
