J106402 RS All you need to know - The Bishops Avenue AW (4) - Flipbook - Page 13
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Care costs:
Emergency call
Emergency call response is covered by the Membership Fee
Personal Care and
Nursing Care
We work with a number of CQC-registered expert partners,
including The Good Care Group, to ensure any care needs you
have can be met. Details of their services are available from our
Wellbeing team
Selling your apartment
Deferred Fee
Under Riverstone’s “Value in Choice” o昀昀ering, three Deferred
Fee options are available. We calculate the Deferred fee as a
percentage of the sale price or open market value, whichever is
greater, when you sell your apartment. We do this by accruing
an annual percentage charge for every year that you own the
apartment
Option 1:
4% charge for every year that you own the apartment. Under
this option, the Deferred Fee is capped at 28%
Option 2:
6% charge for every year that you own the apartment. Under
this option, the Deferred Fee is capped at 30%
Option 3:
7% charge for every year that you own the apartment. Under
this option, the Deferred Fee is capped at 35%
We charge the Deferred Fee when you or your representatives
sell the apartment after the original occupants stop living there.
We refer to the original occupants as “designated occupiers”
Administration Fee
£550 plus VAT. Riverstone will not charge the Administration Fee
if you appoint us as sales agent when you sell your apartment
