Whilst the nature of the property involved may not differ from a standard sale or purchase, the motivation for the moving later in life is often very different.
If you are buying a property later life, you may be considering purchasing a property in a new block with a new lease with all the pressure of deadlines, be that you are downsizing, having lived in the same property for decades, or looking at a property that has age restrictions for buyers
We understand that often this is likely to be the first time you have been through the process for many years, and it can be a daunting prospect. With our experience in dealing with these types of transactions, we can guide you through the process smoothly and ease the stress.
For a transparent quote, please contact our residential property lawyers in Lower Earley, Reading on T: 0118 975 6622 or Henley-on-Thames on T: 01491 570 900, complete our website form below or email residentialenquiries@thpsolicitors.co.uk.
Some retirees choose to purchase retirement properties that are only available to buyers over a certain age, often 55 or older. These properties can be cheaper than the regular market value of equivalent properties. Conversely, they can be harder to sell, as the age restrictions narrow the number of buyers available.
Retirement properties are typically leasehold, and will require the owner to pay service charges, which cover maintenance, upkeep, and potentially amenities like 24-hour emergency systems. We can help you understand the lease terms, including the freeholder’s requirements for renting and any associated fees.
Moving house can seem stressful at any age, but if you are elderly, it can seem a complex and daunting process. Our patient and compassionate property team can try and make the process as stress-free and smooth as possible, providing all the support that is required.
Our conveyancing solicitors understand the importance of clear, plain English communication and can also arrange a home visit if required.
We also have an experienced Wills, Trusts & estate team who are members of the Association of Lifetime Lawyers (previously known as Solicitors for the Elderly) who can assist should issues like Lasting Powers of Attorney or care fees are involved.
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