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Presentation transcript:

Welcome!

The Facts Development Cost: £39m Development Partners: Birmingham City Council Bournville Village Trust HCA: £1.232m The ExtraCare Charitable Trust Eligibility: Predominantly local older people

The Facts 18 Health & Leisure Facilities 212 Apartments and 300+ Residents Outright purchase: 70 Shared ownership: 98 Rent: 44

Key Services Care, including: Support with Dementia Well-being Service On-site ExtraCare Team

Key Services Hospitality: Café Bar Housekeeping: Village and Home

Key Services ExtraCare Activity: Volunteering Fitness Gym ‘Interest Groups’ linked to facilities Village events and ‘traditions’ Volunteering Resident involvement Charity Shops

Prices Typical prices at opening (excluding charges): 1 bed apt (50% shared ownership): From £99,975 2 bedroom apt (full purchase): From £239,950 1 bedroom rental apt: From £114.67pw 2 bedroom rental apt: From £136.69pw

Leaving The Village Purchasers (or their estate) receive: The price they paid for their apartment minus: A long term maintenance charge (1% p.a. capped at 10 years) Administration fee

Additional Charges For Example: Affordability: Management and maintenance, service and community, amenity, estate management Depending on circumstances and tenure: £34 to £108.13 p.w. Affordability: For a tenant on max pension credit the overall rental cost is £34p.w.

“I’m moving in November 9th” – Margery