Kensington - All you need to know - Flipbook - Page 31
Costs
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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.
When you or your representatives sell your apartment in the future, the same options will
be available to the buyer who will need to decide which option they will select for their
time at Riverstone. On resale, we rebase the Membership Fee for the next buyer in line
with in昀氀ation over your period of ownership.
Our client advisor team have a live calculator which they can work through di昀昀erent
scenarios, which includes the ability to factor in House Price Index (HPI) growth and a
higher resale value as an assumption. You will be able to take away print outs with you
to discuss with your family and advisors. Ultimately, it is your choice as to which option
to choose and our client advisors will be on hand to talk you through each option.
We always strongly recommend you take independent legal and 昀椀nancial advice. When
deciding which option under Riverstone’s “Value in Choice” o昀昀ering, it is vital you discuss
this with your advisors.
