All you need to know - Riverstone Kensington - Flipbook - Page 33
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21.
What happens if repairs are needed in the future?
Riverstone will pay for all major capital works and repairs, refurbishments and
improvements to the buildings and all communal areas at Riverstone Kensington. The
Deferred Fee will contribute towards these costs but you, as a resident, will not pay
anything more for these works.
You have to look after the decoration, upkeep and repair of your apartment. The on-site
Riverstone team will be available to help arrange and organise any works you need to
carry out.
You or your representatives will need to redecorate the apartment before you sell. We
do not expect you to refurbish the apartment before you sell. However, we can help you
arrange this if you think such works might increase the sale price of your apartment. For
example, you might want to refurbish the bathroom or kitchen. We may decide to provide
a contribution to the cost of any such works. If we do, we will not charge any interest. We
will collect our contribution out of the money you receive when you sell the apartment.
22.
How do I sell my apartment?
You can choose to sell the apartment at any time on the open market. Riverstone will
always be available to help you in the sale of your property.
If you use Riverstone as single or joint sales agent, you will bene昀椀t from our marketing
services. You will also have access to our database of interested parties and any
waiting lists.
One of our client advisors needs to attend all sales viewings and meetings with the
buyer. This is to make sure that information given to the buyer is accurate and not
misleading. It is important that the Riverstone retirement living concept is properly
explained to future buyers.