FAQ

The information contained on this page has been provided to you in good faith and on the basis of the best information that we have available at the time editing this website. This information does not

constitute an offer and Frimley Lifestyle Village Ltd reserve the right to update this information and make changes to the development if deemed necessary.

WHAT IS FRIMLEY VILLAGE?

Frimley Village is a boutique, gated, lifestyle village comprising both two and three bedroom villas all with their own freehold unit titles set within approximately 3.25 hectares of land between Matariki Avenue and Ikanui Road, Frimley. The Village is open to residents 55 years and older and has a full-time manager who lives on site. The Village will have a Community Centre – a building specifically designed for the residents use to create their own activities and hold gatherings or social events. The Community Centre is architecturally designed, north-facing, and will provide a kitchen, lounge area, library, gym, and BBQ area for residents. Work on the Community Centre has commenced and is expected to be completed mid 2017. At the northern end of the village the Hastings District Council will develop a reserve and walkway/cycleway in the near future.

WHAT ARE THE DIFFERENCES BETWEEN FRIMLEY VILLAGE AND A REGISTERED RETIREMENT VILLAGE?

Owning a villa in Frimley Village gives you a freehold unit title (also called a Stratum in Freehold title) for the property. A freehold unit title is issued under the Unit Titles Act 2010. Owning a villa in a registered retirement village only gives you a licence to occupy the property. The significant advantages of a freehold unit title villa in Frimley Village are financial and your ability to deal with your property as your own. We have set out the financial advantages on a separate sheet and you will see from the following questions and answers the degree of flexibility you get from owning your own home.

WHO IS FRIMLEY LIFESTYLE VILLAGE LIMITED?

Frimley Lifestyle Village Limited is the developer of Frimley Village. It is a new company within the Tumu Group which purchased the partially completed village from the previous developer in March 2016. After a period of “tidy up”, we recommenced marketing villas in August 2016.

The Tumu Group is a Hawke’s Bay based business, locally owned and operated. You can see more details about the Tumu Group at our web site – www.tumu.co.nz

WHAT ARE THE ADVANTAGES OF FREEHOLD TITLE?

Freehold title is the best form of tenure for land that you can get and is superior to licence to occupy arrangements or life interests. The main

practical advantages are that purchasers of our villas:

avoid the financial penalties that are attached under the “licence to occupy” or “deferred management fee” options available in registered

retirement villages;

may borrow against their title if they choose to;

may pass title on to descendants or family trusts; and

remain fully entitled to any capital gains made upon sale.

HAS A RESOURCE CONSENT BEEN ISSUED?

Yes, the resource consent to develop the village was issued by the Hastings District Council on 21 February 2013. You can obtain a copy of this consent from Hastings District Council itself. The phone number is (06) 871 5000.

WHAT IS CIVIL CONSTRUCTION?

Civil construction is the process of subdividing the original “green-fields” block into individual sections and putting in roads, access ways, kerbing, grass verges, and then establishing water, storm water, sewers, power and tele-communication connections to each site. This usually takes 4 months to complete. All of the civil construction has been completed for Stages 1 & 2 and planning and design is underway for Stage 3. Stage 1 villas are all sold and stage 2A villas are for sale now.

WHEN WILL TITLES BE AVAILABLE?

Under the Unit Titles Act 2010, titles may issue once the floor slab for each villa is down and the roof is on. We don’t foresee any holdups on titles issuing, but this is dependant on the Council consenting process.

WHEN WILL VILLAS BE AVAILABLE?

The first stage in the building process is obtaining building consent for each build (2 duplex villas is under one building consent. Legislation provides that the consent must be issued by Council within 20 working days of application. We will submit each application as soon as possible after each build is sold unconditionally. Once consent is issued the foundation can be poured. Villa construction takes approximately 20 weeks once the floor slab is down which allows time for Code of Compliance to be issued. This timeline assumes prompt and timely co-operation from the Council and the weather. While we make every endeavour to ensure we meet this build timeline we can cannot offer any undertakings or guarantees in what is a very buoyant building market where there is significant demand on the sub-trades that are used e.g. foundations, roofing, bricking. The priority we apply to builds will be a combination that aids efficiency of construction and the number of of unsold duplex villas we are prepared to hold. Unconditional sales of single villas and duplex villas with both villas sold may expect to take priority.

WHO IS BUILDING THE VILLAS?

The villas will be built by Frimley Construction Limited, which is also a part of the Tumu Group.

WHAT WILL THE VILLAS BE LIKE IN FRIMLEY VILLAGE?

There are 8 different villa designs – allowing residents to choose from two or three bedrooms, single or double garages, and different bathroom configurations. All have ensuites – some are dual entry allowing guests to share the use of a bathroom, others have a full second bathroom, while others have a separate guest toilet. All villas have been designed to be what we call “future friendly” – with turning bays in the kitchen, wider hallways and design capability to add options in the future should you require them such as handrails or a higher toilet.

WHAT INPUT CAN I MAKE TO MY VILLA IN THE BUILD PROCESS?

We have worked closely with suppliers and sub-contractors to ensure that Frimley Village is both a quality and affordable development. To maintain the efficiencies of building we have provided and extensive list of options so that you can put your personal touch on your villa. For example, you can work through your kitchen design with our specialist provider, add tiled showers and bathroom walls, upgrade kitchen appliances, choose your interior paint colours, and upgrade bathroom fittings and floor coverings. However please note that your build choices must fit within the options provided - we will not enter into variations beyond these as it impacts the efficiency of the build process. A full list of options will be provided once the sales process gets under way.

WILL THE DEVELOPMENT BE STAGED? .

Yes. Frimley Village is being developed in 3 stages as follows:

Stage 1 comprises 23 villas starting from the entrance on Matariki Avenue. The civil construction of Stage 1 is complete. The Community Centre has commenced development and is due for completion mid 2017. As at February 2017 there are 14 villas completed and there are 14 villas completed, the remaining 9 under construction.

Stage 2 comprises 22 villas and has begin construction.

Stage 3 will comprise 21 villas. The start date is yet to be determined, but it is unlikely these will be available until 2018.

WHAT WILL IT BE LIKE TO LIVE IN FRIMLEY VILLAGE?

Living in Frimley Village will, in many ways, be just like living in your own home in the wider community. You can come and go as you please,

decorate your villa and gardens in whatever way you wish, and live as quiet or as social a life as you wish. The major difference is that at Frimley Village you will be able to:

Spend more time relaxing as our Village Manager will mow your lawns.

Enjoy the company of like-minded people in your neighbourhood – there is no chance of loud music coming from teenagers in the Village!

Feel secure knowing the gates to the Village will be locked at night, so only residents or their friends can get in using the security code at the

gates.

Enjoy the activities and the lifestyle the Community Centre will have to offer.

WILL THERE BE A VILLAGE MANAGER ON SITE? WHAT WILL SHE/HE DO?

Yes, the Village Manager, James Rosenberg, (who is also our sales representative), will live in villa 1 by the entry gate on Matariki Avenue. The Village Manager will be responsible for:

Mowing the lawns and maintaining the common gardens around the Village.
Regularly cleaning the Community Centre and ensuring it is maintained to a high standard.
Overseeing the collection of your rubbish one day a week.
Keeping an eye on your villa if you are away, feeding your pets (if required) and collecting your mail.
Maintaining the exterior of the villas.
Arranging the sale of your villa if you wish to sell.

HOW DO THE FINANCIAL ARRANGEMENTS OF FRIMLEY VILLAGE WORK WHEN YOU PURCHASE A VILLA?

Buying and selling a villa at Frimley Village is very similar to buying and selling a home in the community. There are no complicated licence to occupy agreements to read and digest, rather you enter into a straightforward sale and purchase agreement where you get “old fashioned” ownership of a freehold unit title to your villa. Simply follow the steps below:

1. First you should talk to the Village Manager to see what

villas are available, the pricing of the villas and when you

can expect to move in if you uy one. The Village Manager

will give you all the information you need to choose the villa

you want.

2. You then sign a reservation agreement which requires you

to pay a refundable reservation deposit of $5,000 into our

solicitors’ trust account.

This reserves the villa for you while we work with you to

prepare a sale and purchase agreement with any agreed

conditions for you to take to

your solicitor.

3. You will have 5 working days from the date you sign the

reservation agreement to sign the sale and purchase

agreement and submit it to us

as a formal offer to buy your villa.

4. You may include conditions in your offer (for example,

finance, due diligence or the purchase being subject to the

sale of your home) which we

may or may not accept. We will only accept offers which

include conditions that take no longer than 5 working days

to satisfy, with the

exception of selling your home. As soon as you satisfy your

5 working day conditions (if any) or if the only condition in

the agreement is that you sell your own home, you will be

required to increase your deposit to $30,000 by paying an

extra $25,000.

5. Generally we will only commence building the villa after

you have satisfied all of your conditions and the balance of

your deposit has been paid in full, although in some

circumstances we may commence building even if you

have included a condition making the agreement

conditional upon you selling your own home. Note though

that the priority for construction will be on unconditional

sales of single villas and both villas in a duplex. You

should discuss our priorities with the Village Manager at

the time.

6. If we are building for you based on a conditional

agreement and we receive another offer on your villa, we

may exercise the “cash-out clause”

in your sale and purchase agreement which will allow you

5 working days to go unconditional by satisfying any

conditions in your agreement or

your agreement will be terminated. At that point you can

ask for your deposit to be refunded or by agreement you

can transfer your reservation to another villa in the Village.

7. Note if you withdraw from the purchase after the sale and

purchase agreement has been signed by both parties, but

before it becomes unconditional, and we have incurred

additional costs to meet your specific needs, then we will

deduct these costs from the deposit you have

paid.

8. If you need to sell your own home we can help you with

this. The Village Manager can refer you to a real estate

agent who will advise you on your sale. If you need to raise

finance we can refer you to our bank where we have

arranged for a specialist to assist with your needs. It is

important to keep in mind that the central goal is to get

your purchase unconditional as soon as you possibly can

so that you can be certain about your purchase and have

input in regard to villa design and upgrade options.

9. The final step in the process is the handover of your villa.

This will take place after the Unit Title has issued for the

villa, a code of compliance certificate has been issued by

the Council and the villa has been fully completed. Upon

settlement of the balance of the purchase price, the

freehold unit title passes to you and we hand over the

keys.

IMMEDIATE UNCONDITIONAL SALE AND PURCHASE AGREEMENT

If we accept an unconditional offer or an offer which only includes 5 working day conditions and you have the funding available to pay instalments during the build, we will discount the purchase price by $5,000. This will better enable you to participate in the upgrade options, furnishing options and colour schemes as the build proceeds. If you choose this option your payments will be as follows.

Reservation deposit $5,000

On signing unconditional agreement or when 5 working day conditions are satisfied, whichever is later.

$25,000 (total deposit of $30,000)

Foundations complete Sufficient funds to increase payments made to equal 30% of purchase price

Roof on 25%

Internally lined and paint ready 25%

On settlement 20%

WHAT HAPPENS IF I CAN’T SELL MY HOUSE IN THE TIME ALLOWED?

We would normally want to know a little more about what you are doing to make the sale. For example, have you priced it realistically? Is your marketing programme adequate? We can then discuss with you whether an extension of time can be granted.

WHAT HAPPENS IF I HAVE TO SETTLE MY HOUSE SALE BEFORE YOU HAVE COMPLETED MY VILLA?

If you need accommodation while your villa is being completed, we can recommend you to local motels that are happy to offer competitive long term rates.

SO WHAT PROFIT DOES FRIMLEY LIFESTYLE VILLAGE LIMITED MAKE?

We make a margin on the land value and on the construction of the villas.

CAN I PURCHASE MY VILLA WITH A FAMILY TRUST?

Yes – you can purchase your villa in any entity you wish. We may though require guarantees for the performance of the agreements from the principals involved.

AM I ABLE TO TAKE OUT A MORTGAGE ON MY VILLA?

Absolutely – just as you can mortgage your own home, you can also mortgage your villa. Having your bank help you fund your build or your purchase may be the easiest option for you in the short term. The Village Manager can refer you to appropriate providers.

WHAT IS THE BODY CORPORATE?

All villa owners will become members of the Body Corporate. The villa owners appoint a Body Corporate Committee to represent them. The Committee comprises 5 members, elected by majority vote each year at the Body Corporate AGM. The Committee conducts activities such as contracting the Village Manager, setting the budget and the weekly fee for the year and is responsible for making major decisions for the Body Corporate. The Committee is ultimately answerable to the villa owners.

HOW IS THE WEEKLY BODY CORPORATE FEE SET AND WHAT DOES IT COVER?

Each year, the Committee will work with the Village Manager to compile a budget for the operational costs of running the Village. The villa owners will be charged a weekly fee to cover these costs.

The weekly fee will cover:

• Rates, power and insurance for the Community Centre

and common property.

• House insurance for each villa.

• Maintenance of security fencing, gates and lighting.

• The Village Manager’s incidental outgoings.

• The Village Manager’s remuneration package which

covers:

- Gardening of common areas and mowing of all lawns in

the Village

- External maintenance of each individual villa

-General maintenance around the Village

- Weekly Rubbish Collection

The weekly Body Corporate fee is currently set at $79.00 and is payable four weekly in advance.

DOES THE DEVELOPER MAKE MONEY FROM THE WEEKLY FEE?

Absolutely not – this is another fundamental difference between Frimley Village and registered retirement villages. The operation of Frimley Village is not-for-profit with all weekly fees paid directly to the Body Corporate’s bank account. This contrasts with registered retirement villages where a portion of the fees is required to provide a return to the shareholders which is one reason why Frimley Village’s fees are more affordable than registered retirement villages’ fees.

OTHER THAN THE WEEKLY FEE, WHAT ADDITIONAL COSTS ARE INVOLVED?

The only additional costs you will have to pay are your rates, power, and contents insurance. The rates on the completed villas range from $2,000 to $2,200 per annum. Your power will be billed according to your usage just like in your own home and you are free to choose the provider of your choice. Similarly you can choose who you insure your contents with.

WHO IS RESPONSIBLE FOR INSURANCE?

The Body Corporate is responsible for insuring each individual villa and all common property in the Village. The cost of this insurance is covered in the weekly fee. The cost of insurance will be reviewed each year in the annual budgeting process carried out by the committee and the Village Manager. Note though that villa owners are responsible for their own contents insurance.

WHO IS RESPONSIBLE FOR INTERIOR AND EXTERIOR MAINTENANCE?

You are responsible for all interior maintenance. The Body Corporate is responsible for exterior maintenance, which is carried out by the Village Manager and paid for by the Body Corporate. As you would expect with a new home, there shouldn’t be any significant exterior maintenance costs in the early years.

IS THERE AN ENTRY AGE FOR FRIMLEY VILLAGE?

Yes – at least one person occupying a villa must be aged 55 or over for you to live permanently in the Village. A spouse or partner may be younger than 55.

HOW DO I SELL MY VILLA WHEN I WANT TO LEAVE THE VILLAGE?

As part of your agreement with Frimley Lifestyle Village Limited, we will promote a secondary market for resale and receive a fee of 3% (GST inclusive) of the sale price. This is extremely competitive with real estate agent providers.

HOW MUCH DOES FRIMLEY VILLAGE TAKE FROM THE SALE OF MY VILLA?

Apart from the 3% fee taken by Frimley Lifestyle Village Limited for brokering your sale - absolutely nothing – this is one of the major differences between Frimley Village and registered retirement villages. There is also no deferred management fee. You will receive all of the benefit of any capital gain made on the sale of your villa.

CAN I RENT OUT MY VILLA OR LET MY CHILDREN LIVE IN IT?

Yes, you may rent your villa but one of the occupiers must be aged 55 or over. Your children may live with you while you occupy the villa, but they cannot live in it by themselves unless they are over 55.

WILL MY INDEPENDENCE AND PRIVACY BE RESPECTED?

Absolutely, just as it would be in your own home in the wider community

WILL MY VILLA BE SAFE IF I GO AWAY FOR A WHILE?

Because the Village Manager will be regularly moving around the Village, he will keep an eye on your villa and the Village as a whole. You should let the Village Manager know if you will be away for more than a week and leave a contact address or phone number. You may arrange with neighbours to collect your mail, feed your cat or water your plants. If you want the Village Manager to do this, there may be a small additional charge.

CAN MY PET LIVE WITH ME?

Your domestic pets, within reason, are very welcome provided they don’t become a nuisance to others in the Village. Cats and birds are normally fine. Small dogs will generally be okay, but as a precaution, the Village Manager will need to “meet” your pet beforehand. Dogs must be kept tied up when they are outside and not left to roam around the Village. Large dogs unfortunately are not able to live in the Village.

IS THERE A BUS SERVICE TO TOWN?

Yes, there is a bus stop with a regular bus service into Hastings City from outside the hospital on Omahu Road. There is also a regular service from the hospital to downtown Napier via EIT.

CAN I MAKE STRUCTURAL ALTERATIONS TO MY VILLA?

You can only make structural alterations to the interior of your villa with the written permission of the Body Corporate. In addition, you may need a building consent from the Council which will be organised by the Body Corporate at your expense.

CAN I REDECORATE THE INSIDE OF MY VILLA?

Absolutely – it is your own home and you may redecorate inside as you please.

CAN I REPAINT OR ALTER THE OUTSIDE OF MY VILLA?

No, the external appearance of all villas is set and controlled by the Body Corporate in order to maintain high standards within the Village. Those standards may be reviewed from time to time by the Body Corporate. You are not able to alter the exterior of the villa. The overall size of buildings on site is limited by the resource consent that established the Village.

CAN I ERECT A GARDEN SHED?

Yes, you may have a garden shed on your property, but the size, colour, and placement of the shed are controlled by the Body Corporate who must approve it before it is constructed. During the sales process you will be provided with an information pack that lists the sheds approved by the Body Corporate including pricing for installation if required.

CAN I GIVE MY VILLA TO FAMILY OR FRIENDS IN MY WILL?

Yes, you can give your villa to family or friends – but at least one person occupying it must be aged 55 or over to live permanently in the Village.

WHO OWNS THE TITLE TO THE LAND?

You do – this is another MAJOR difference between Frimley Village and registered retirement villages. When you purchase your villa, you are buying a freehold unit title which includes the villa and the land defined around it.

WHAT WILL BE DONE TO MAKE FRIMLEY VILLAGE SAFE AND SECURE?

When completed, Frimley Village will be fully fenced around the perimeter, with gated entries. These gates will be opened at 7:00am and closed at 8:30pm every day. There will be a coded entry when the gates are shut. Residents can let their family or friends know the code so they can let themselves in after hours if required. Residents will be provided with an automatic gate opener which they can keep in their car.

While the Village Manager is not required to be on site 24 hours a day, he will have a constant presence in the Village. While on site the Village Manager will be aware of comings and goings, residents and their guests.

WILL THERE BE CONSTRUCTION TRUCKS DRIVE PAST MY HOME ALL THE TIME?

Stage 1 is nearing completion and while this is being finished there will be an imposition on villa residents. However Stages 2 and 3 will be accessed from an alternative entrance near the rear of the site and this will eliminate the need for subcontractors to use the main entrance on Matariki Ave. For those residents buying in Stage 2 there will be a steady flow of trades people through the site, but we will work with them to minimise the disturbance to residents and to ensure that Health and Safety procedures are adhered to.

WHAT HAPPENS IF I HAVE AN ACCIDENT OR GET SICK? IS THERE ANY SUPPORT AVAILABLE IN THE VILLAGE?

The vast majority of people, as they age, are able to remain in their own home, with increasing support from the DHBs to “age in place”. This support is provided through Options Hawkes Bay and can be accessed from referrals from your GP as your needs change. The type of care you can access includes assistance with home management and personal care in your home, rehabilitation, day programmes, respite care, supported independent living, short term help after hospital discharge and meals on wheels. The Village Manager is familiar with the sorts of support available and can help you liaise with your GP to see what you may be able to access. If you get to the stage of needing rest home or hospital care, you may need to move from the Village to obtain this. In addition, residents can choose to subscribe for emergency response with St John’s – please ask the Village Manager for more details if you are interested in this. Please note that no direct medical services or support will be available in the Village.

I AM A KEEN GARDENER; CAN I DECIDE WHAT TO PLANT AROUND MY VILLA?

For decorative or flower gardens on your property – absolutely. However vegetables and other edible plants can only be grown around your villa in raised garden plots containing certified clean topsoil and sanctioned by the Body Corporate. You can purchase a permitted raised garden from us. Talk to the Village Manager about your options. Additional gardens will only be approved by the Body Corporate in a way that doesn’t add additional maintenance and mowing costs to the Village or detract from the presentation of the Village.

WHAT IS THE ROLE OF THE RESIDENTS’ COMMITTEE?

Many people joining the Village do so seeking a closer community and the social interaction that arises from this. In order to achieve this interaction it is important that a “social committee” organises functions and social gatherings and fosters and maintains a good community spirit. Residents will be encouraged to form a Residents’ Committee for this purpose.

WHAT WILL HAPPEN IN THE COMMUNITY CENTRE?

Residents can use the Community Centre in whatever way they wish and as permitted by the Body Corporate Committee. While there is no employed events’ organiser, what naturally emerges in villages like Frimley Village is that groups of residents who are interested will organise different activities. This may be facilitated by the Residents’ Committee or simply by groups organising themselves. We expect there will be activities as simple as Friday night drinks, mah-jong afternoons, card nights, movie nights, BBQs, big-screen TV of major sporting events and indoor bowls evenings. Outside providers may be organised to come in on a user pays basis to organise line dancing, yoga sessions, or anything else that residents want.

WILL WE BE ABLE TO USE THE COMMUNITY CENTRE FOR PRIVATE FUNCTIONS?

Yes – residents will be able to book the Community Centre for family activities e.g. significant birthdays, wedding anniversaries etc. There will be a nominal charge to cover wear and tear which will be set by the Body Corporate in conjunction with the Residents’ Committee. Residents will be responsible for cleaning the Community Centre after use and to pay for any damage.

HOW DO I GO ABOUT BUYING A VILLA IN FRIMLEY VILLAGE?

It’s very simple. Contact the Village Manager, James, on 06 872 9696 and he will show you which villas are available. If you wish to secure a villa, simply sign a reservation agreement and pay a $5,000 reservation fee and we will reserve your villa while we work with you to prepare the sale and purchase agreement. The Village Manager will walk with you through every step of the process from contract, to villa options, and right through to being handed the key and taking possession of your brand new home. We are proud of the village that we are developing in Frimley and look forward to you joining us.

Please don’t hesitate to contact James on 06 872 9696 or sales@frimleyvillage.co.nz if you have any further questions.