Annual Maintenance Charges

 

COVID 19 Support for Jubilee Park Residents

If anyone is facing hardship & unable to pay the Jubilee Park maintenance fees during this public health crisis, please get in touch with the Jubilee Park Management Company immediately upon receipt of invoice. - rccjubileepark@gmail.com, who will discuss options to try to help. (Please note - additional financial information (confidential) may be required).

 

Maintenance Fee 

The maintenance fee is only for the un-adopted areas highlighted on the plan below, and does not cover areas on Jubilee Park that will be/or have been adopted by Newport City Council, such as roads, street lighting and pavements etc. Areas which have not been adopted by Newport City Council yet, remain the responsibility of the developer until finalised.

 

The annual maintenance charge is payable by all property owners without exception (see deeds on completion). The fee is increased annually by the RPI

The maintenance fee for 2021/22 is £218.81 (increased by RPI 1.5%), and the bills have been delivered by staff or emailed where appropriate.  If you would like a copy via email, please get in touch - rccjubileepark@gmail.com  The current fee should be paid in full by the date on the letter received with the invoice, alternatively 10 monthly payments can be made by bank transfer/standing order as stipulated on the letter. No other arrangements for instalments can be made unless agreed by the company before the start date of instalments as advised. As Taylor Wimpey provide sales information for new build properties after the completion date, there may be a delay in new owners receiving the invoice for 21/22.

Property owners must have all outstanding maintenance fees paid in full (see invoices/ reminders/ final reminders for details); arrears cannot be carried forward to the next financial year.  If payment arrangements have not been made (as detailed in correspondence), to clear the sum owing in full, outstanding debts will be/have been forwarded to Primrose Collections, which will incur additional charges to the property owner.

Owners selling their property will need to ensure the maintenance fee has been paid without exception. The solicitors acting for the management company in the preparation of the deed of covenant (required for each new owner of a property in Jubilee Park) are Robertsons – Tom Sidford - T.Sidford@robsols.co.uk

The maintenance charge for:- 2017-2018 was £200, 2018-2019 was £205, 2019-2020 was £210.12, 2020-2021 was £215.58

An annual report detailing income & expenditure is provided following each financial year end, the date for filing accounts is the end of December, please visit Companies House if you wish to verify this information. The accounts for 2017/2018, 2018/2019, 2019/2020, 2020/2021 - have been filed, see finance tab on the Jubilee Park page.