Residential Property

Key Considerations When Selling a Retirement Property

A retirement apartment or house in a dedicated retirement village can reduce the practical burdens of home ownership, like grounds maintenance, and provide access to additional services such as social events. Alongside accommodation for independent living, there may also be options for supported living and further healthcare services, enabling someone to remain in a familiar setting, even if their health support needs increase.

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What Help is Available for First-Time Buyers?

According to the BBC, the average age for a first-time buyer is now 34, the highest in decades. Only six per cent of first-time buyers are under 25, compared to a quarter of those buying their first homes in the 1990s. Given the difficulties for young people getting onto the property ladder, Alice Solomon, an Associate, Chartered Legal Executive in the Residential Property team with Sills & Betteridge explains some of the help available to first-time buyers in terms of government-backed schemes and other sources of support.

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