1. Village tariff fixed for life
We appreciate that residents are on fixed incomes and require some certainty over possible weekly fee increases. When you m
ove to the Village, the full village tariff will never increase while you live in the village. In addition, residents will pay a reduced village tariff until the first stage of communal facilities are completed.
2. No double dipping
We do not charge multiple village contributions if you move within the village i.e. from a villa to a terrace house. The amount of the village contribution payable depends on the relative entry payments of your original unit and your subsequent unit.
3. Your health is our priority
We have designed the village to enable residents to “age in place” for as long as possible. We know residents enjoy their homes and we commit to do everything possible to deliver care, meals and other services for as long as you can practically stay in your home.
Notwithstanding this, we will prioritise your access to hospital facilities at either of our Bay of Plenty villages should you or your partner require more specialist care and attention.
4. Village tariff ceases when you leave the village
We want to assure residents that we will do our utmost to ensure a rapid relicensing of your unit when you leave the village. Accordingly, your village tariff payment will stop when your occupation right agreement terminates and your unit has been vacated.
The Retirement Villages Act requires weekly tariffs to reduce by 50% after six months; we have gone further, ceasing the village tariff completely on termination and vacation.
5. No capital loss on relicensing
We undertake that on relicensing of your unit the amount paid to you will not be reduced as a result of a lower Entry Payment being paid by the incoming resident if unit prices have fallen. If there is a “capital loss”, we suffer this loss, not you.
6. No hidden fees on relicensing
Pacific Lakes Village accepts full responsibility for the refurbishment, marketing and relicensing of your unit, minimising costs and inconvenience to you.
There are no hidden costs when you leave, you will not be charged any commissions, selling fees, legal fees or marketing costs when we relicense your unit. In addition, you will not be liable for costs to refurbish your unit unless you have caused damage beyond reasonable fair wear and tear.
7. Relicensing your unit
We want to demonstrate our commitment to minimising the length of time taken to relicense your unit when you leave the village. Consequently, if we have been unable to relicense your unit within nine months, we will rebate your village contribution back to you from that date at the same rate as it accrued to us.
We say “if we have charged you a village contribution over time, then if we have not sold your unit after nine months, it’s only fair we reimburse you for this at the same rate,” We are unaware of any other village operator that makes this level of commitment.
8. Resident input
It is important that residents have input into their community and we commit to regular meetings with the Residents’ Committee and where possible, incorporate suggestions to improve the way we operate the village.
9. Satisfaction guaranteed
If you are unhappy after your move to the Village and you choose to leave within three months, after giving us notice in writing, and on relicensing of your unit, we will refund 100% of the Entry Payment and make no deduction for any village contribution accrued.
10. Financial support
If a resident is faced with a situation of financial difficulty, we will consider providing financial assistance to the resident.
11. Standards
Residents move to a retirement village for a variety of reasons but one main driver is often the quality of the village, particularly the buildings, facilities and gardens. We give our commitment to maintain that level of quality in everything we do, whether in design, construction or operation of the village.
12. Respect
Above all else, we give our absolute commitment to listen to you, to try to do our best, and at all times, to treat residents with the respect that they, our valued customers, deserve.