Lumak Services Limited

AddressTechnology Centre, Glaisher Drive, Wolverhampton Science Park, Wolverhampton, WV10 9RU
Beds0

Specialist care

Older people (65+)
Physical disabilities
Younger adults (under 65)

Care fee trajectory

Indicative weekly fee over time, against the local authority cost-of-care rate, for pricing transparency.

The real 10-year cost of a retirement flat

The purchase price is only part of the picture. Service charges and an event (deferred-management) fee on resale add up — and retirement flats often don’t rise in value like ordinary homes. Adjust the figures below to see an illustrative total for Lumak Services Limited.

Purchase price£250,000
Service charges (10 yrs × £6,000)+ £60,000
Estimated resale value after 10 yrs£250,000
Event / deferred fee (10% of resale)− £25,000
Amount returned on sale£225,000
Illustrative cost of 10 years here£85,000

£8,500/year · £163/week

Illustrative only — a transparent model, not a quote, valuation or prediction. Event fees, service charges and resale values vary by scheme and contract; confirm the actual figures and full lease terms with the operator before deciding.

Information last reviewed September 2026.

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