Why Buy New?

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REAL OPTIONS
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SMARTSIZING RELEASE
EQUITY
BRAND NEW
APPLIANCES
REDUCE MONTHLY
BILLS
ENERGY
EFFICIENT
WHY A NEW BUILD IS BETTER FOR YOU
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ADAPTING TO YOUR NEEDS
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Downsizing after retirement case
study
When Mr Austin visited his brother
in South Africa, he was very
impressed by the retirement village
his brother lived in. So impressed
in fact, that as soon as he returned
home, he immediately began
looking for a similar place for his
wife and himself. Mr Austin and his
wife, recently retired, had already
been thinking about downsizing
and moving into a property that
was more adapted to their present
and future requirements. They
looked at a number of places
before settling for The Croft in
the charming village of Baston in
South Lincolnshire. Built exclusively
for those over 55, The Croft is a
development comprising of 49
new houses. Mr and Mrs Austin
are now delighted they made the
move and are very happy with
their new surroundings. As Mr
Austin said: “We are enjoying
our new home very much. Our
bungalow completely lives up to
our expectations and we love living
here.”
The development has a ‘Club
House’ which is used a residential
centre. It’s a place where residents
can meet up with friends and
family or else just be a place
they can relax and have a tea or
coffee. By buying a new house
in a custom built retirement
complex, it’s allowed Mr and
Mrs Austin to personalise their
home. An example of this is the
Citigrass they’ve installed, a type
of artificial lawn. It’s weed free
and needs minimal maintenance
which particularly appealed to
Mr Austin. They’ve also extended
their patio. Mr and Mrs Austin’s
situation is typical in showing that
‘downsizing’ for retirement can
mean many things. By finding the
right property, as well as it being a
good move financially, it can be a
chance for improving your overall
qual ty of life. Mr and Mrs Austin
would certainly agree with that.
“For those downsizing to a new
bu ld retirement property, there
are many upsides. You can
find a home that’s designed
especially for you in later
life and experience greater
companionship, living among
friendly neighbours. And as
well as helping to maintain
independence, it’s also a great
opportunity to release some
well-earned equity. So rather
than downsizing, it’s better
to think of ‘rightsizing’ or
‘smartsizing’ to your brand new
home.”
-Clive Fenton, Chief
Executive Officer at
McCarthy & Stone
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