No Stamp Duty
No Council Rates
No Exit Fees*
Retain Capital Gains
rent assistance
Shared Equity
An affordable retirement solution.
At Hampshire Villages, we offer an affordable retirement living solution for the over 50’s. One of the reasons why houses in our villages are more affordable than many other retirement living options is that the ownership of the land and home is separate. Although you will own your home, you do not own the land.
When you purchase your home you will enter into a residential site agreement which gives you the exclusive right to occupy the land and to enjoy the villages’ facilities and services.
Financial
Benefits
No Stamp Duty
When you purchase a home in a Hampshire Village there is no stamp duty to pay, this saves you thousands of dollars in purchase costs.
No Council Rates or Taxes
You can say goodbye to ongoing expensive council rates and charges when you move into a Hampshire Village.
No Exit Fees*
Unlike retirement villages when you decide to sell your home you won’t be charged with expensive exit fees or deferred management fees.
Retain Capital Gains
When the time comes to sell your house and move on, you can keep any capital growth.
Rent Assistance
If you're eligible for the pension, you can take advantage of Commonwealth Rent Assistance which acts as an effective subsidy on the site fees.
Shared Equity
Our unique shared equity offering lowers your purchase price, which means more money in the bank to enjoy your retirement.
* Exit fees are payable at some of our Villages and to those who purchase a home by way of a shared equity arrangement.
In this instance, exit fees are applicable. Please contact your local sales consultant for full terms & conditions.
Shared
Equity
“It has put more money in our pockets selling our family home and buying in a Hampshire Village. We explored different retirement living options but buying a home using shared equity freed up so much extra cash which has enabled us to travel and really enjoy our retirement”
Jan Watson
Don’t want to pay full price?
Rather than paying the full purchase price of a house on settlement, shared equity allows you to pay from 75% to 99.99% in return for an identical percentage ownership of the home*. For example, if you choose to pay 85% of the total purchase price then you essentially own 85% of the home.
While ownership of the asset is shared between you and our company, you have exclusive use of your home, and the right to decide when — and for how much — to sell. By using shared equity you can free up capital from your current residence so you can better enjoy your retirement without compromising your lifestyle.
Questions?
Speak to our sales team
For more information on the financial benefits including our unique shared equity offering get in touch with our friendly team today!
