Your Obligations
As the investor/property owner we only ask that you make regular re-payment on or before the due dates.
Re-Payments
Re-payments are to be made on or before the 28th day of each month, commencing from the first month after the transfer of ownership. Payments are to be made directly to our nominated GFS account on the due dates. A quarterly statement will be issued from GFS with a summery at year-end.
Maintenance
Your property must be maintained at all times.
Conditions:
- All maintenance is to be carried out when and where necessary without delay at all times.
- You’re approved property developer must carry out all maintenance required (minor items i.e. painting, landscaping etc are excluded).
- Quotation (s) from other builders can be submitted, and may be accepted should the initial property developer be unable to carry out the work or it is felt that the quotation is unsatisfactory in any way.
- An annual inspection is required by GFS for the term of the finance, no fee is payable.
Pre-Approved Developers
Construction
Our pre-approved property developers will supply you with clear, documented information on all aspects of their developments. Agreements will be put in place and signed for by both parties to minimize any misunderstanding throughout the project and upon completion.
A 10-year guarantee will be supplied by your selected property developer covering the structural integrity of your property.- 6 months return to site policy.
- 1 year defects warranty.
**We advises all our clients to seek independent advice on all legal aspects of their contracts leaving you totally satisfied with your investment.