This is what makes Summerset special

All up, you’ll find that life in a Summerset village is a life that you define. You have everything you need, including a beautiful and welcoming home, a busy community, lots of activities, and the freedom to come and go as you wish. And you’re set up for whatever lies ahead, with great services, caring staff, a range of facilities, and a clear and transparent financial arrangement.

Deferred Management Fee

Summerset Sure guarantee

No more than 25% (unless otherwise agreed with you)

Your home comes with our Summerset Sure 90 day guarantee. This means if you decide 90 days after moving into your Summerset independent living home or serviced apartment that Summerset isn’t right for you, we’ll refund your ingoing contribution without deducting the deferred management fee (some conditions apply)

Capped increases to weekly fees

Responsibility for weekly fees

Capital repayments

Any increases will be the percentage increase in CPI*

You stop paying weekly fees as soon as you permanently vacate your home and return your keys

We’ll return your capital as soon as your home is reoccupied or six months after you have moved out, whichever comes first

No further capital payments

If you transfer from an independent living home to a serviced apartment at the same village and it costs more than the equity in your current home, you won’t have to make a capital payment

No capital loss

No costs when selling your home

If there is any capital loss on your property, we’ll absorb that

There are no charges, other than for refurbishment for damage beyond fair wear and tear

Act.

Can be as high as 40%

There is no money-back guarantee; once you’ve bought, you’re committed

May ask you to accept increases above the cap

You may continue paying weekly fees for up to six months

Sometimes, your capital won’t be returned until your home is on-sold

If you transfer to a serviced apartment and it costs more than the equity in your current home, you will have to pay the capital difference there and then

You may have to pay any capital losses

You may have to pay for a range of things, including refurbishments, marketing and other costs

Staffing

No legal costs

Summerset

You’re welcome to seek your own legal advice, which you will need to pay for. However, we don’t automatically charge you legal fees for drawing up the Residence Contract

Access to more care

Summerset

Many others

You may be charged legal fees

Getting more care in the same village

Our continuum of care approach means you have priority to transfer (subject to availability) to a serviced apartment or into the care home (with a dedicated dementia household)

Many others

Very few others offer a full range of living and care facilities within the one village, meaning you may have to move to another village