Bishops Avenue - All you need to know - Flipbook - Page 10
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Buying your apartment
Cost of moving in:
Purchase price
1-bed apartments: £1,430,000 - £2,230,000
2-bed apartments: £1,830,000 - £3,820,000
3-bed apartments: £3,130,000 - £4,770,000
Penthouse apartments: £5,780,000 - £13,500,000
Please see the Riverstone price lists, available from our client
advisors, for individual property prices
Reservation Fee
£5,000 for all apartments, including duplexes, and £10,000 for
penthouses.
The Reservation Fee will be held by Riverstone’s solicitors
as stakeholder. If the sale does not go ahead, we will refund
the Reservation Fee. However, if either party cancels the
reservation after you have instructed solicitors, we will refund the
Reservation Fee less our reasonable legal costs incurred to date,
with the deduction capped to a maximum amount of £1,500
Deposit on exchange 10% of the agreed price paid on exchange of contracts, to be
held by Riverstone’s solicitors as stakeholder
Other costs
Your legal and removal costs
Stamp Duty - payable according to current rates: see
https://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
