Some retirement villages require you to pay a fee to join their waiting lists.
If you are committed to entering a particular retirement village, it may be worthwhile to think about adding your name to the list.
Before you do, find out:
- how much it costs to join a waiting list
- the average waiting time
- whether part or all of the fee will be refunded:
- on entering the village
- if a place does not become available within a certain time
- if you change your mind about this retirement village.
If the retirement village operator says the fee is refundable in certain circumstances, ask for details in writing before handing over any money. Always get a receipt if you pay a fee.
Last updated: 21/05/2012