Life rights

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What are life rights?

A quick explanation of what life rights means is:

You own the unit as long as you are alive.
Once you pass on the unit will be sold to another occupant.

(no money goes to the estate)

This is the reason that buying a Life-rights unit is so much less expensive to purchase.

Our cottages are offered with Life-long Rights. The cottages are solely available to people of 60 years and over.

However, there are running costs which DO have to be paid. E.g. Levies, electricity, water, telephone and refuse.

When you purchase a Rynpark Association cottage you will have life-long occupancy of a lovely one, two or three bedroom cottage in exchange.

The cottages are maintained on the outside by Rynpark Association and the inside by the Occupant.
The cottages mostly stand apart from each other surrounded by beautiful gardens. It is a Retirement Estate with a difference. Our residents are extremely proud of their cottages and gardens.