image

Costs & fees

Costs & fees

Levande is committed to fairness with our retirement living fees and costs.

The three types of costs and fees

Learn about upfront costs, ongoing costs, and management fees.

Upfront costs

The initial price you pay for your retirement village home.

Ongoing costs

Charges relating to village operation, maintenance and management.

Management fees

A one-off cost payable when you enter or leave your retirement village home.

Upfront costs explained

Delivering peace of mind and certainty around your finances.

What they are

The main upfront cost is the price you pay for your home. There is a wide variety of Levande community home types available at a range of prices. Upfront costs can also include third-party payments like legal fees and removalist charges.

We encourage you to speak to a Levande Sales Professional to gain a clear understanding of the financial aspects of moving into your chosen village. We also recommend that you seek independent legal advice on the form of contract you will be required to enter into.

What they mean

Understanding upfront costs helps you plan your finances

Our Six-Month Guarantee* means we will refund all payments made to us if you change your mind.

Ongoing costs explained

Understanding your day-to-day retirement village expenses.

What they are

You will be charged an ongoing amount (usually monthly) towards the costs relating to the ongoing operation, maintenance and management of your village. You will also need to pay for the likes of electricity, gas, telephone and internet.

What they mean

Understanding ongoing costs helps you budget during your retirement.

By paying the operational, maintenance and management costs, you contribute to improvements in your village, which in turn will give you a better quality of life in retirement.

The Management Fee explained

Pay Upfront, Pay Later & Capital Share

What it is

The Management Fee is a one-off cost that is payable either when you enter or leave your retirement village home.

What it means

You may choose to offset the cost of retirement living by deferring the Management Fee until you leave. Alternatively, it may suit you to pay a discounted Management Fee upfront. It's your choice!

Costs and fees FAQs

We’ve put together a list of questions and answers about our costs and fees. Feel free to contact us through any of the methods listed below if you have any further questions.

Contact Us

Get more information or take the next step on your retirement journey.

1800 72 71 70

More from Vermont

A new definition of living