Springhead Park Ebbsfleet Valley

How is this set?

The Estate Charge is apportioned between properties. All properties contribute to the Estate Charge on a comparable basis, except certain buildings may be excluded - if, for example, they are used in the management of Springhead Park, or provide community or utility services.

Estate Charge During Development

During the development of Springhead Park, the calculation of the Estate Charge is extremely complex: the number of properties eligible to contribute may change on a weekly basis (as new sales take place) and the areas being maintained will also change, for example, as parks are completed. Estate Charges calculated in these circumstances would be difficult to predict in advance and could fluctuate significantly as the numbers change.

In order to avoid this problem, the Estate Charge paid by new purchasers will be fixed in advance while an area is undergoing development.

The Estate Charge is likely to change year on year as new properties are occupied and new areas completed.

An inflation factor will be added to charges to ensure that maintenance costs stay in line with the industry norm.