Have your cake and eat it too!
Lifestyle Villages Tasmania offers you the unique opportunity to own your home and save money.
You own your home in a Lifestyle Village, but you rent the land. This combination provides for:
- capital growth on your home
- an asset to bequeath to your loved ones
- low rent
- possible eligibility for rent assistance for recipients of certain Centrelink payments
- the opportunity to access part of the capital tied up in your existing home for an improved lifestyle.
There are also:
- No body corporate fees
- No deferred management fees
- No stamp duty
- No conveyancing fees
- No Council rates
- Low selling fee(5%)
SAVE over $ 200,000 over 10 years from old style Retirement Villages - and have a better LifeStyle as a Lifestyler (R) at Clarence LifeStyle Village call 1800 559 037 to ask us how.
Need a helping hand?
There are a number of opportunities to assist you to purchase your Lifestyle Village home as well as meet operational expenses in the communities.
Specifically, the opportunities are:
- Assistance in the capital purchase of your new home.
- Any capital purchase of the home may have a shortfall of capital or you may wish to borrow against your home. There is an opportunity to borrow up to 50% of the purchase price of the home.
- The home unit will be the security.
- Rates will be the NAB lending rate + 1% admin fee.
- Interest and/or capital may be paid at any time or alternatively the amount owing may be deducted from a future sale of the home.
- Assistance in the rental payment in the Lifestyle Village locations - it may be a strain to pay the operational rental fees for the community.
- LifeStyle Villages Tasmania residents may be eligible for rental assistance from Centrelink.
- The rental fee may be offset against the capital value of your home by a loan against its value.
- The maximum loan amount is 60% of the rental fee.
- The home unit will be the security.
- Rates will be the NAB lending rate + 1% admin fee.
- Interest and/or capital may be paid at any time or alternatively the amount owing may be deducted from a future sale of the home.
- Assistance with short term finance to cover the "GAP" between a new home on site and the sale of the your home.
- Short term bridging finance may be available if you experience a delay in the sale of your existing home.
- Monies will be secured to purchase the home.
- The home unit will be the security.
- Rates will be the NAB lending rate + 1% admin fee.
- Interest and/or capital may be paid at any time or alternatively the amount owing may be deducted from a future sale of the home.