FEES & CHARGES

Community Fee
Our Community Fees at Strawberry Fields takes care of the day-to-day and long-term management, staffing and maintenance of the village. It means you can sit back and relax, while we ensure the village looks as attractive in the future as it does today. From looking after the beautiful gardens, pathways and exteriors, to ensuring facilities and communal areas are spotlessly clean and provide the level of service you would expect. This ongoing investment in preserving the high standards at Strawberry Fields also means that homes have the potential to increase in value in line with the general housing market.

The Community Fee has two parts: a regular monthly amount and a lump sum payable on purchase or resale. On purchase, you choose whether to pay an Upfront Community Fee on completing the purchase, or between three options for paying a Deferred Community Fee on resale or when the lease is reassigned. The options help you manage your finances by offering different combinations of monthly and deferred fees.

Monthly Community Fee
The Community Fee options gives you the choice of paying 100%, 50% or 25% of the Monthly Community Fee, alongside the corresponding Deferred Community Fee.

The Monthly Community Fee is fixed according to a formula. It will only change once a year, on 1st July, based upon the increase in the All Items Retail Price Index (RPI) over the 12 month period to April. To ensure the Monthly Community Fee is still appropriate for the services offered, it will be reviewed every 15 years. We will provide one month’s notice of any change in the fee, so there will not be any unexpected increases. The fee is payable monthly in advance.

We liaise regularly with owners on the services provided and welcome feedback. We will make alternative arrangements if at any time we are unable to provide a particular service.

The Monthly Community Fee remains payable until a property is resold, unless we are retained as the sole selling agent whereby the fee will be suspended six months after we are appointed and the property is ready to market, until the completion of a sale or until the sole agency ceases.

(currently estimated)

Community Fee includes:
The following village services are included within the Community Fee, which you can enjoy as standard.

• 24-hour emergency support response and emergency services co-ordination
• Village Manager and supporting teams
• Concierge and scheduled transportation
• Safety and Security: emergency call system, door entry to property buildings, communal fire alarms and smoke detectors
• Digital terrestrial television
• Co-ordination of owner wellbeing activities including exercise classes, health checks, nutritional advice and more
• Serviced guest suite to rent for family and friends
• Subsidised food and beverages and courtesy newspapers at The Restaurant and Bar
• Spa facilities for owners, friends and family
• Upkeep and maintenance of communal areas including: pool, gym, lounges, restaurant, estate roads, pathways and landscaped grounds
• Non-routine items of expenditure for the property buildings and communal facilities
• Serviced lifts to all apartments
• External window cleaning of properties and internal and external window cleaning in communal areas
• Buildings insurance for properties and communal areas
• Communal utility costs and external lighting
• Corporate management services and support (finance, legal, HR, health and safety etc)
• Resale agency service

The Deferred Community Fee
The second portion of the village’s Community Fee is the Deferred Community Fee, payable with options 1, 2 and 3 when you resell the apartment or assign the lease. There is also option 4, the Upfront Community Fee, which is payable at legal completion.

The combined Community Fee ensures the village and its services are maintained to a high standard and remain available for every owner to enjoy without worrying about unexpected costs for ongoing and future major maintenance, such as expensive structural repairs for, say, road and paths resurfacing or re-roofing buildings.

The Deferred Community Fee is calculated based on the purchase price paid, inflating this annually by the Retail Price Index (RPI) up to the date the lease is assigned (the ‘Indexed Value’) and multiplying this figure by the chosen Deferred Community Fee option’s annual percentage increase, up to the capped percentage.

Optional Additional Service
Rangeford Care, Housekeeping, Wellbeing Team and Concierge can provide a bespoke range of services depending on your needs and wishes at an additional charge.

• Personal care and medication management
• Pursuing interests, hobby and leisure activities
• Companionship visits and therapeutic activities
• Preparation of meals and drinks
• Making and changing beds
• Shopping, paying bills and household management
• Escorting to social events and appointments
• Cleaning, vacuuming, laundry and ironing
• Additional bespoke wellbeing services

Contingency Fund
There is no separate contingency fund for Strawberry Fields. Rangeford Stapleford Ltd will fund any major works needed from the receipts of the upfront monthly and Deferred Community Fees.

We conduct regular building surveys to assess and plan for future capital spending requirements.

The NHBC warranty provides 10 years structural cover for individual apartments