KDT - Frequently asked questions

What people most want to know about the Trust and our accommodation options

Q. Can I bring friends or family to help me decide whether Midlands or Sevenoaks is going to suit me?
A. We encourage people considering one of our properties to seek advice from professional advisors and friends and family. It is your choice and we want you to be happy in your new home with us. Phone our sales office to arrange a visit.

Q. How can I know I am getting accurate information on what it will be like to live at a Trust property?
A. If you don't feel you have been getting full information, we will arrange for you to speak with one of our residents.

Q. Who looks after my interests once I have invested in the Trust?
A. An independent trustee looks after the interests of residents. The statutory supervisor is Trustees Executors.

Q. How efficiently is the Trust managed?
A. The Kapiti District Trust was one of the first retirement organisations in New Zealand to gain ISO accreditation for quality management. The Trust has ISO 9000 and ISO 9001 credentials.

Q. Do I have to live in Kapiti to qualify for residency?
A. No, the Trust welcomes enquiries from outside the Kapiti area.

Q. How do I know if the Trust will suit me?
A. The best answer we can give is to check us out. Come and have a look for yourself and arrange to meet one of our staff members. We will give you as much information as we can and we welcome you to talk this over with your lawyer or financial advisor before making a decision.

Q. If I buy into the Trust am I stuck there for the rest of my life?
A. Not at all. Circumstances can change and we can never be sure of what will happen. For example your family may transfer to another city and want you to be near them. We will endeavour to market your home to a new resident on your behalf.

Q. What if my health deteriorates?
A. Trust residents are not left "on a limb". If you find you can't manage a villa in the retirement village, we will discuss other options and see if we can find one to suit your new circumstances.

Q. Can I have visitors?
A. Certainly. Many of our retirement properties at Sevenoaks and all the homes at Midlands have two bedrooms to allow friends and family to come and stay. In planning our villages, we made provision for plenty of parking spaces to make it easy for residents to have visitors.

Q. If I purchase a Licence to Occupy, who gets the capital gain?
A. The Licence holder receives the capital gain. On sale the Trust will require the property to be refurbished to a marketable standard. Following agreement with the resident on the property valuation, the Trust will market your home and retain up to 15% of the sale price. Retentions are used to meet the maintenance of communal property.