We offer a 90-year secure lease on the land on which your home resides.
When you purchase a home at Lifestyle Communities, you will receive a 90-year lease on the land that your home is on. With a 90-year land lease you can feel confident that your community is maintained including front gardens, roads and other community services without paying for these services individually.
It might be a different kind of home ownership than you’re used to, but it comes with benefits that help you keep more money in your pocket.
- Lower upfront costs: purchasing a home under a land lease model is more affordable than a traditional freehold home, making it easier to free up equity from your previous home.
- No stamp duty: Enjoy the savings of budgeting for stamp duty costs.
- Access to resort-style amenities: As part of a land lease community at Lifestyle Communities, you have full access to on-site amenities, built for the enjoyment of all homeowners.
By not investing your cash into a land asset, you have more equity to spend how you choose. It’s a simple, smart way to free up more money for you to enjoy on your own terms.
What happens when I sell my home?
When you sell your home, your lease ends, and a new 90-year lease begins between Lifestyle Communities and the buyer. This means that you never have to worry about renewing your lease.
* The above does not constitute financial advice and is intended to provide general information only. You should obtain independent advice from your own financial advisors before making any investment decision. The above information does not take into account your individual needs, investment objectives and specific financial circumstances.
