Your Questions Answered
Inspections & Maintenance
- What happens when you inspect my property?
- Who pays for maintenance and insurance?
- If ownership of the property passes to Bridgewater, why do I have to pay to maintain it?
Every three years we will write to you to arrange an appointment to view your property. Once a convenient date and time is agreed, a Property Manager will visit and carry out an inspection to ensure you are maintaining the property as set out in your terms & conditions (essentially that your property is kept in the same condition as when the plan started).Back to top
You remain responsible for the day to day maintenance of your property (for example, decorating and repairs) together with the property insurance and all bills.Back to top
When you sell your home to Bridgewater the amount you release is dependant upon a number of factors such as your age(s), gender, single or joint application and the value of your property. Another factor is that you continue to be responsible for the maintenance of your property and all associated costs in running your home.
Whilst we take legal ownership of your property you retain a beneficial interest in it and if you chose not to sell all of your home to us, you retain a proportion of it.Back to top