Selwyn District is becoming the place to be for living and investing in Canterbury, holding the title as the fastest-growing territorial authority area, increasing more than 30% to 44,595 people, the 2013 census shows. Growth occurred throughout the district, but the lion’s share was in the “commuter belt”, close to Christchurch. This high-growth area includes West Melton, Rolleston, Lincoln, Springston, Prebbleton and many rural “lifestyle blocks” and is addressed by the Greater Christchurch Urban Development Strategy. As the gateway to the lakes, Arthurs Pass and the west coast Selwyn encompasses Lake Ellesmere and Rolleston, Darfield and Lincoln. There’s plenty to do here, www.selwyn.govt.nz
Barton Fields Lifestyle Village, building freehold retirement homes that you own
Educating yourself to know the differences between Retirement Villages and Freehold Lifestyle Villages is crucial. A retirement plan based on building assets rather than spending savings is the first step to living the lifestyle you deserve.
Freehold titles are the best alternative to existing models, inherently superior to Licence to Occupy arrangements or Life Interests.
The main practical advantages are that purchases of Barton Fields Villas:
- Avoid the financial penalties that are attached to the usual retirement village offerings under the “licence to occupy” or “deferred management fee” options available in other retirement villages in Canterbury
- May borrow against their title if they choose to,
- May pass title on to descendants or family trusts, and
- Remain fully entitled to any capital gains made upon sale.
- In addition to your freehold title you also share in the ownership of Barton Lodge
10% deposit is required to secure the build, nothing more until completion. Depending on your finance arrangements, this would take the form of equity in your home.
Each year, the Barton Fields Residents Committee will work with the Body Corporate Manager to compile a budget for the operational costs of running and maintaining the village. This is divided by the number of villas, and a weekly fee per villa is derived. The only other additional costs would be individual villa utilities, telephone and rates.
Get the full list Barton Field Villas frequently asked questions Retirement villages versus Freehold lifestyle to learn more about the benefits of Freehold Lifestyle Villas.
To speak with a sales agent contact Barton Field Villas to discuss your freehold lifestyle villa.
Mike Greer Homes offers you the latest in appliances, finishes and colour palette, add the landscaped gardens and you have the reason why Barton Fields Lifestyle Villas is becoming the number one choice for active over 55s looking for a new home in Canterbury.
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