Bishops Avenue - All you need to know - Flipbook - Page 15
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Constraints on selling All apartment sales have to be at open market value
Buyers need to specify at least one person aged 65 and over
who will live in the apartment
We do not have any contractual rights in the lease to buy back
the apartment from owners
Riverstone’s “Value in We recognise the importance of o昀昀ering choices which cater
Choice” fee structure for each buyer’s 昀椀nancial circumstances, preferences and
perception of value. This is why we have created Riverstone’s
“Value in Choice” o昀昀ering
It is your decision as to which Option you choose – each has its
own Membership Fee and Deferred Fee structure which we explain
in this guide. Some buyers will prefer to pay a higher Membership
Fee in return for a lower Deferred Fee. Other buyers would be
happier paying a lower Membership Fee each year but a higher
Deferred Fee when the apartment is sold
This is your choice and we strongly recommend you take 昀椀nancial
advice when making the decision on which Option to choose
For further information, please ask our client advisors for our “Value
in Choice” summary.
Date: All You Need to Know – Riverstone Bishops Avenue, last updated on 05 June 2025
Charges stated are correct at the date shown. Please check with our client advisor team
for the latest details.
We encourage you to discuss your housing options with your family and friends, and to
seek independent legal, 昀椀nancial/bene昀椀ts and any other appropriate advice, support,
and representation, in connection with a move to Riverstone. You will also need to use a
solicitor when it comes to buying an apartment from us.
We are ARCO members. The Associated Retirement Community Operators (ARCO) is
the main body representing the Integrated Retirement Community sector in the UK.
Members include both private and not-for-pro昀椀t Members. As Approved Operators, we
aim to operate all our retirement communities according to the principles laid down in
the ARCO Consumer Code.
