New research into ‘traditional’ leasehold retirement
housing shows that recently built properties, on average, increase their value
on resale. Drawing on available Land Registry data, matched to its own
database of retirement developments, Elderly Accommodation Counsel (EAC) has
begun to shed light on a topic that has raised questions from prospective
purchasers for many years. “This report shows that recently built traditional
‘sheltered’ properties have, on average, improved their values upon resale,”
said Adam Hillier, the report’s author and EAC deputy chief executive. Read
more on 24housing.
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