Maintenance Fees

Maintenance fees are essential for covering the community's monthly operational expenses, ensuring a well-maintained and secure living environment for all residents.

These fees contribute to BELCO charges for breezeways and parking areas, water and sewage removal, garbage collection, landscaping, the alarm system, elevator servicing, and property insurance.

All vendors providing these services can be found on the Our Vendors page in the Resident Portal.

Obligation to Pay Maintenance Fees

As per your Conveyance Deed, the HVV Bye-Laws 2013 Assessments on Page 16, No. 36, and Section 4(1) of the Bermuda Condominium Act 1986, ALL unit owners are required to pay maintenance fees.

These contributions are vital for the continued upkeep of shared community resources.

Current Maintenance Fees – Effective 1st August 2024

A resolution was passed at the General Meeting on 15th May 2024, approving the following maintenance fees:

Building 1: $529
Buildings 2 & 4: $488
Building 3: $545

Payment Requirements

Maintenance fees are due on the 1st of each month. Please ensure you have created a standing order for your maintenance fees.

For ALL payments, including those made through a bank teller, No-Wait Deposit, or online transfers, please ensure that your building, unit number, and name are clearly specified for each transaction.

Payment Details:
Bank Name: Clarien Bank Limited
Bank Account Name: HVV Condominium Association
Bank Account Number: 6000007822

For payments from international bank accounts, please ensure you have the following details:
SWIFT/BIC Code: CAGPBMHM
Bank Address: Point House, 6 Front Street, Hamilton HM 11, Bermuda