Bishops Avenue - All you need to know - Flipbook - Page 30
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We set out below worked examples of how the Membership Fee and Deferred Fee
across the three “Value in Choice” fee structures would be calculated for a 2 bedroom
apartment for a hypothetical 10-year stay:
Option 1
Deferred Fee %
Option 2
Option 3
4% per year
6% per year
7% per year
(capped at 28%) (capped at 30%) (capped at 35%)
Membership Fee Type
Index-Linked
Fixed for Life
Half Price &
Fixed for Life
Resale Price
£3,000,000
£3,000,000
£3,000,000
28%
30%
35%
£840,000
£900,000
£1,050,000
Membership Fee over 10 years
£319,122
£265,800
£132,900
Total combined fees payable
£1,159,122
£1,165,800
£1,182,900
Deferred Fee %
Deferred Fee
Please note property prices may rise, fall, or stay the same over your period of
ownership. The 4% per year increase in the monthly Membership fee (for Option 1) is
purely illustrative and not a prediction.
Our client advisor team can provide worked examples for any combination of the “Value
in Choice” options, period of ownership, purchase and re-sale prices and the Deferred
Fee and Membership Fee payable. Any worked examples provided are illustrative only
and will include hypothetical assumptions which are not guaranteed and should not be
relied on. No representations are made as to the reasonableness of any assumptions in
any such worked examples.
