All you need to know - Riverstone Kensington - Flipbook - Page 10
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Buying your apartment
Property price
Please see the Riverstone price lists which our client advisors
can provide
Reservation Fee
£5,000. If the sale does not go ahead, we will refund the
Reservation Fee. However, we may deduct an amount to cover our
reasonable costs and expenses which we incurred progressing the
sale, up to a maximum amount of £1,500
Deposit
10% of the agreed price paid on exchange of contracts
Solicitor fees
To be agreed with your own solicitor
Stamp Duty
Payable according to current rates: see
www.gov.uk/stamp-duty-land-tax/residential-property-rates
Mortgages
We allow mortgages up to a maximum amount of 60% of the
value of the property
Living in your apartment
Ongoing costs paid to Riverstone:
Membership Fee
- Under Riverstone’s “Value in Choice” o昀昀ering, we o昀昀er three
di昀昀erent Membership Fee options
Option 1: The Membership Fee for di昀昀erent sized apartments
is set out below:
1 bed
2 bed (Small)
2 bed (Med/Large)
3 bed
£1,499.49 per month
£1,594.98 per month
£1,667.97 per month
£1,918.80 per month
