Retirement Villages

From Wikipedia, the free encyclopedia
Jump to: navigation, search

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.

History[edit]

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[edit]

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.[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.

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.[3]

Operations[edit]

  • 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[edit]

External links[edit]