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LATER

Our Deferred Management Fee Option

We make it easy for you to find a place to call home and offer flexibility in how you pay for it when you do. Later, one of our payment options, enables you to defer your management fee, with funds left in the bank to do the things you love now.

The Later payment option is available for both independent living and serviced apartment residences across most Aveo leasehold and license communities.

Take your next step with confidence

For those that want to enjoy life to the fullest now, our Later payment option affords you the benefit of deferring your management fee until you leave your community.

Leave additional funds in the kitty to enjoy life throughout your retirement journey.

View the video on the right to learn more about our Later payment option.

    • Later v1
    https://player.vimeo.com/video/609500161

    How does the Later payment option work for you?

    Guarantees for confidence
    Backed by a range of guarantees that give you complete confidence in your move.
    Greater affordability
    Generally more affordable than buying a residential property, as you can defer your management fee until you decide to leave.
    Complete financial clarity
    No stamp duty, capital loss, property market fluctuations, or marketing and sales costs, meaning you’ll know exactly what you pay and when, as well as how much is returned and when.

    How it works

    Moving In

    Under our Later payment option, you’ll make a one time entry payment of the listed property price upon moving in. Enjoy life to the fullest now, knowing your management fee will be settled after you leave your home.

    Living In

    Every resident contributes a monthly service fee to ensure the upkeep of all facilities, activities and community staff that are available to you.

    Leaving

    When it's time to leave your community we make sure it's a smooth transition. Under our Later payment option, you will receive the return of your entry payment less your accrued management fee within six months.

    Financial clarity, always

    Even before you move, you’ll know exactly what you pay and when, as well as how much is returned and when.

    No stamp duty
    Unlike residential property, you won’t pay any stamp duty, and you won’t be exposed to capital loss or property market fluctuations.
    No sales or marketing costs
    We also accept full responsibility for any marketing or sales costs if you decide to sell your Aveo property.
    Service fees stop
    Service fees will cease one month after you give vacant possession of your home.

    Later Payment Calculator

    The following calculator allows you to easily understand the moving in and leaving costs of our Later payment option.

    CALCULATOR

    Giving you choice in how you pay

    Unsure if this seamless approach to retirement living is right for you? We offer two other unique payment options to give you choice in how you pay. All backed by our promises for peace of mind, you’ll be able to take your next step with confidence.

    Our discounted management fee option

    Ideal for those that like to plan ahead, this gives you access to a discounted management fee rate when you choose to settle this payment upfront.

    LEARN MORE

    Our deferred management fee option

    For those that want to enjoy life to the fullest now, this affords you the benefit of deferring your management fee until you leave your community.

    Our no management fee option

    Perfect for those with the funds to move now, this affords you the benefit of not paying the management fee by paying a refundable premium entry payment and a non-refundable establishment fee on entry.

    LEARN MORE

    Still have questions?

    Get in touch with our friendly team or visit our frequently asked questions.

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    Disclaimer

    Please refer to the contract for the full terms and conditions. The entry payment and other fees payable on entry depend on the contract option you select and will be calculated based on the listed property price (also known as the 'standard ingoing contribution') for a home. If your contract is a Later contract, you will have to pay a departure fee when you leave this village. Availability of payment options will depend on the type of home you choose. The payment options are current as at 08/09/21, but may change without notice - please contact the community sales consultant for more information.