Ingoing Contribution
To secure your lifetime tenancy of the unit, you will pay an ingoing contribution. This is a refundable amount if you choose to vacate the unit.
Retention
Each year for the first five(5) years Christian Homes will take 4% of the Ingoing Contribution amount as a "retention" and then 2% per year the next five (5) years. This retention fee is capped at 10 years and 30% and the balance is refunded after you vacate the unit.
Monthly Levy
A monthly levy is required to cover the operational costs of the Village and covers the cost of your tenancy on an ongoing basis such as water, common gardens, community centre upkeep, street lighting in the village as well as maintenance of the units and appliances that are provided by CHT.
What it covers:
- Operational Costs (water, common gardens, community centre, street lighting)
- Unit Maintenance (including fixed appliances provided by CHT)
What it doesn’t cover:
- Unit’s electricity and telephone bills
- Contents Insurance