Retirement Living Financials Explained (NSW & ACT)

Loan Licence Agreement

BaptistCare Retirement Villages offers Loan Licence Agreements, whereby your ingoing contribution is paid to us as an interest-free loan. There are many benefits to this type of agreement, including:

• No Stamp Duty
• No capital replacements (unlike strata titled arrangements)
• No refurbishment or resale costs when you leave
• Free up cash for your lifestyle
• Guaranteed fixed return (no capital gain or loss to share)
• Flexibility to change your mind and receive a refund up to 90 days after moving in

Flexible Entry Payment Options

Standard Option. 70% Return.

If you choose the standard option, you will receive a guaranteed 70% return of your entry payment if you stay 6 years or more.^{2 3} The remaining 30% will be deducted as a deferred management fee including:

Applicable to NSW only:

• 5% non-refundable for the first year (if you stay 90 days or more)
• 25% for years 2 to 6 calculated daily

Applicable to ACT only:

• 30% for years 1 to 6 calculated daily (if you stay 90 days or more)

Pay More. Full Return.

If you choose to pay a higher entry payment, you can reduce your DMF or receive a maximum refund when you leave.

Pay Less? Talk To Us

We want retirement living to be as affordable as possible. To accommodate your individual circumstances, if you would rather pay a lower entry payment and receive a lower return when you leave, we can talk you through a range of options for you to free up the equity you need to live the retirement lifestyle you deserve.