I am interested in downsizing and buying a retirement property, what do I need to know?
Many people decide to buy into retirement housing due to the desire to downsize from, what is often, the family home. This move can release some capital whilst also providing a method of investing your assets into another property. However, as nearly all retirement housing to buy is only available on a leasehold basis, there are some key differences that you should be aware of when buying your new home.
Our factsheet on buying a retirement property talks you through the process of buying an age-exclusive home and highlights some of the main issues to consider and questions to ask.
With regards to searching for leasehold retirement housing in your area, you may wish to begin by using the search facility on our website. When you view details for any of the developments listed on HousingCare you will find contact details for the managing agents, who can provide you with further information. For some developments on our website you may also find information on current properties that are for sale.