What considerations should be made when deciding?
A:This depends on the individual as there are benefits to both models. Life right is more affordable but outright purchase provides capital growth on one’s investment.
– Phil Barker, managing director of Renishaw Hills
A:There is no one answer to this question – it is a personal matter. Life rights hold significant advantages that should be investigated by those looking for a troublefree retirement without the hassles and costs related to owning, maintaining and disposing of a property.
– Rob Jones, retirement living consultant to The Somerset Lifestyle and Retirement Village