Retirement Villages

Retirement Villages Ltd is a British residential property developer based in Surrey, England. Residents have to be 55 or over to live in their developments.

History

The company was founded in 1981 and the first development to be built was Elmbridge Village in Surrey. HRH Princess Alexandra officially opened Roseland Parc, a new retirement village in Cornwall, in 2008.[1]

Developments

The company’s Head Office is based in Epsom, Surrey. Regional developments are located in Cornwall, Devon, Essex, Hertfordshire, Lincolnshire, Oxfordshire, Somerset, Surrey and Warwickshire.[2]

It owns 14 villages across Britain with 1,609 residents. 8 contain care homes with a total of about 300 residents. in 2014/5 the firm had sales of £35 million and paid its six directors a total of £498,000.[3]

Operations

This is a scheme where residents live in private housing without direct care provision. However, services can be bought in and 24-hour emergency cover is in place.
This is a concept based on living within the grounds of an existing care home. Residents live in separate properties, and services (including care) can be provided if and when required.
Some developments provide residential care for people who cannot continue living in their own home, even with home care services.
Some developments provide respite care, which gives temporary relief for primary carers.

References

External links

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