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Retirement Village Apartment Kitchen Retirement Apartment Living/Dining Room Double bedroom in retirement apartment at Boughton Hall Apartment Kitichen at Boughton Hall Retirement Village Apartment Bathroom Fitted kitchen in retirement apartment Retirement Village Apartment Twin Bedroom
UK Property Awards Winner

Tenure, service charge and other costs

Tenure:

  • Annual ground rent (doubling every 25 years from 01/01/2009) £350
  • 125 year reducing lease (from 01/01/2009) from ERL (Chester) Limited, Scutches Barn, 17 High Street, Whittlesford, Cambridge, CB22 4LT; Registered in England & Wales No. 6525084.

Annual service charge (2017):

Deferred development payment:

A deferred development payment is payable when the property is sold or the lease is re-assigned, based upon a percentage of the open market value of the lease at the time of the transaction. Further information and explanation of the deferred development payment can be found on the attached key facts document.

Please call the sales team on 01244 322785, or email: sales@boughtonhall.com, if you have any queries.

Sales administration fee:

A sales administration fee of 1.5% of the achieved sales price, plus VAT, is payable to Enterprise Retirement Living on any re-sale of the property (see also the attached key facts document).

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