Flexible Tenure Retirement Schemes

luv-2-no | 08:54 Tue 28th Dec 2010 | Home & Garden

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Hello, Does anyone know about the flexible retirement schemes run by various Housing Associations whereby you buy a minimum of 5% share of the flat house and pay rent on the remainder....i.e. is this a good scheme to get into if you are over 55 or can it prove costly at the end of the day ?

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madmaggot

Read the small print very carefully; you can find that there are a lot of extra costs.
Get a solicitor to fully explain exactly what you are signing up for.

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