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RETIREMENT HOUSING EXPLANATIONS to help you find your perfect
retirement property.
They are listed A-Z. Click on a letter to view the lists...
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Management Fees |
These can be up to 15% or 20% of the total service charge costs on a development dependent on the level of services provided. Sometimes the charge is a fixed amount per property which dosen't seem as fair as a percentage as some schemes take significantly more management time than others. The Housing Corporation sets guide figures for Housing Associations.. |
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Management Organisation. |
Sometimes the landlord or specially appointed agents who can be private companies, chartered surveyors, housing associations elat.. |
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McCarthy & Stone |
One of the most well known companies building retirement housing.. |
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Meals on Wheels |
Provided by Voluntary Organisations.. |
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Medical Insurance |
Should be no upper age limit.. |
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Mental Frailty |
Should someone become a disturbance to other residents family is the first point of contact followed by social services and the management organisation.. |
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Mini-bus transport |
Provided on some schemes especially where it is some distance to the shops. Funded out of the service charge with the capital cost having first been given by the developer.. |
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Mobility Features |
Apart from the obvious such as ramps and rails there are companies providing mobility solutions especially for the kitchen as well as bathrooms and elsewhere. For example SpaceAce Limited has a new storage system that helps anyone who has difficulty with reaching and stretching. Keep Able is a company that has a number of shops providing useful kit for the elderly.. |
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Monitoring Centre |
Receives calls from alarm systems in retirement housing schemes and private houses and they then contact appropriate help.. |
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Mortgages |
Increasingly available along with 'roll up' loans and other forms of equity release. Always seek independent financial advice.. |