J106402 RS All you need to know - The Bishops Avenue AW (4) - Flipbook - Page 38
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16.
Is accommodation available for friends and family?
We do not o昀昀er separate accommodation for visitors, but family, grandchildren,
great-grandchildren and friends alike are of course all welcome! They can stay in your
apartment and can use the amenities (at selected times when accompanied by the
resident. Gym users must be aged 16 or over). Each visitor can stay up to 100 days
per year. Please ask our client advisors for a copy of the Lease Summary for more
information.
17.
Can I live in my apartment for only part of the year?
Of course. We recognise the importance of 昀氀exibility . At Riverstone, we make sure your
apartment is looked after and kept safe and secure whilst you’re away. However, you’re
not allowed to leave the apartment empty for more than 12 consecutive months.
18.
Can I take out a mortgage to buy the apartment?
Our lease does allow you to take out a mortgage when you buy the apartment.
Our lease limits the amount you can borrow up to a maximum of 60% of the value
of the property.
If you do decide to take out a mortgage, you will need to arrange this yourself and we
strongly recommend you get independent 昀椀nancial advice about the mortgage. This is
to make sure you know you can a昀昀ord the mortgage repayments as well as the other
amounts you pay under the lease.
19.
Can I sublet or rent out my apartment?
No. Renting or subletting your apartment is not allowed under the terms of the lease.
This includes renting your apartment, or any part of it, online or via agency websites
such as Airbnb.
