
Deferred Management Fee
What is the Deferred Management Fee?
The Deferred Management Fee (DMF) covers the cost of improving and contemporising your community over time. The DMF allows us to keep the cost of purchasing a home as low as possible and ensures we have a vested interest in growing the value of your property. The DMF is only payable when you sell your home.
How the Deferred Management Fee is calculated.
The Deferred Management fee is capped at 20% after five years, regardless of how long you stay, allowing you to benefit from continued capital growth. You’ll pay 4% of the home purchase price for each full year. If you sell part-way through a year, you’ll pay a pro-rata amount of the 4% annual increase. This gives you certainty in the cost of the DMF when you leave Lifestyle Communities.