A CHECK­LIST FOR BUY­ERS

The Daily Telegraph - Property - - Retirement -

How at­trac­tive will the prop­erty be in 10 years? Is it near good trans­port links and the high street?

Will a fu­ture owner face steep ground rent in­creases?

How in­volved is the house­builder in man­ag­ing the de­vel­op­ment?

Does the flat have good views, bal­conies and spa­cious rooms that will be more at­trac­tive to a buyer? What about gar­dens, com­mu­nal ar­eas and suf­fi­cient park­ing?

Has the lo­cal town suf­fered a down­turn eco­nom­i­cally?

How wel­com­ing is the own­ers’ lounge? What other fa­cil­i­ties are of­fered?

Does the de­vel­op­ment of­fer care ser­vices or meals that will ap­peal to older buy­ers?

A de­vel­op­ment that has exit fees gives the op­er­a­tor an in­cen­tive to keep val­ues high, as they ben­e­fit, too.

De­vel­op­ers will help you buy one of their prop­er­ties, but what re­sale sup­port do they of­fer (apart from rec­om­mend­ing their pre­ferred es­tate agent)?

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