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Retirement Villages

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Profiles

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

Contents

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.

Developments

The company’s Head Office is based in Leatherhead, Surrey. Regional developments are located in Cornwall, Devon, Essex, Hertfordshire, Lincolnshire, Oxfordshire, Somerset, Surrey, Wiltshire, West Sussex and Warwickshire.

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.

In November 2016 it announced that it was planning seven more villages with a gross value of £200 million over the next five years. The new developments will be at Lower Shiplake, Saffron Walden, Gradwell, East Sussex, Merstham and West Malling.

Operations

  • Independent living
  • 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.
  • Assisted living
  • 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.
  • Residential care
  • Some developments provide residential care for people who cannot continue living in their own home, even with home care services.
  • Respite care
  • Some developments provide respite care, which gives temporary relief for primary carers.

    References

    Retirement Villages Wikipedia


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