Who is the developer?

Sourced Development Group

Who’s the developer solicitor?

Excello Law

Who are on the panel of solicitors for client to use?

Allchurch & Monte Cristo LLP

What’s the corporate entity name that the project is held in?

Kingsway Square Ltd

What is the Land Registry Title Number?

2520580

Who is the architect?

JDA Architects

Who is the builder?

Helix

What is the payment plan?

10% upon exchange, 20% later and 70% remainder on completion

When does the construction start?

June 2020

When is completion?

Q3 2021

When is the short stop date?

None

When is the long stop date?

Blocks A & B - Q4 2022, Blocks C & D – Q3 2024

How many levels are there in the block?

10

Is there any commercial units?

Yes, used type TBC. All ground floor

When do these blocks complete?

Towers A & B – Q3/Q4 2021, Towers C & D – Q4 2023

Who is the provider of the building warranty?

Reich (UK)

What is the lease hold period?

250 years

What are the estimated service charges?

GBP 2psf

Are there any other blocks in the development?

Yes, 4 in Total. All residential

Are the units assignable?

No

What is the ground rent?

0.1% of the property price

How far is it to the nearest transport links?

4 minute walk to Liverpool City Centre and key transport hubs

What is the ground rent?

0.1% of the property price

How far is it to the nearest transport links?

Within walking distance

How many car spaces are provided in the building?

80 dedicated car park spaces in total

Is car park on Ground level or Basement

Ground Level

Any bicycle storage?

Yes, please refer to Ground Floor plan

How many lifts are there in the building?

There are 2 lifts in each block

What amenities are included in the development?

Roof garden, communal ground level gardens and electric car parking charges

Is there concierge service?

No

Is there a swimming pool?

No

Is there Gymnasium?

No

What type (shared ownership or otherwise) and where is the social housing within the development?

No social housing

Who will likely be the tenants?

Young professionals who work in the City Centre and potentially students given the close proximity to Key Universities

Who are the assigned Lettings & Management Agency?

Global Lettings & Management LTD

How is the Rental Guarantee guaranteed?

Developer backed

How often is the Rental Guarantee paid?

Quarterly in arrears

Is there client deposit protection in place?

Yes, Jark Securities Ltd which is an FCA regulated entity. The debenture fully secures all clients deposit money against the project. Funds can be utilised against the project only, once approved by the trustee

How often is the Rental Guarantee paid?

Quarterly in arrears

Is there client deposit protection in place?

Yes, Jark Securities Ltd which is an FCA regulated entity The debenture fully secures all clients deposit money against the project. Funds can be utilised against the project only, once approved by the trustee.

Do clients earn interest on their deposit amounts?

Yes, 3% per annum (amt. deducted off completion balance)

Does the property allow short term lets?

No

Who is the preferred Mortgage Broker?

International Property Finance Group (IPFG)

Will mortgages be available on completion?

We fully expect mortgage available however this is very much down to the circumstances of individual buyers and the lending market at that time.

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