2 bed flat for sale

Ireland Street, Bingley BD16

A 100% share discounted to 60.87% share and offered for sale under the Discounted For Sale Scheme is a chain free two bedroom, ground floor apartment to which a viewing comes highly recommended. The central Bingley location is ideal for local amenities, transport links and recreational facilities.

Please note that in order to purchase the property, the housing association qualifying criteria must be met. The link for the application is available via Hunters.

The Discount for sale scheme criteria is as follows:

· Household income of no more than £80,000 per year
· First time buyer or used to own a home but, cannot afford to buy one outright
· Unable to purchase a property on the open market
· Able to finance purchasing the property share, monthly rent and service charge as well as other costs associated with purchasing a property.
They must have worked or lived within the Bingley area for 12 months

Please note, the purchase price is subject to RICS valuation of 100% of the value. Which has been confirmed at £140,000.

Buyer Compliance Checks
Please note that all successful buyers will be required to complete identity verification and Anti-Money Laundering (aml) checks. Estate agents are legally required to undertake these checks in accordance with the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, as amended by subsequent legislation including the Money Laundering and Terrorist Financing (Amendment) Regulations 2019, and guidance issued by hm Revenue & Customs.

To fulfil these legal obligations, we use our compliance partner Coadjute to undertake identity verification and aml checks on our behalf. A fee of £48 (including VAT) per buyer is payable for this service.

Where a gifted or loaned deposit is being used towards the purchase, the Money Laundering Regulations require verification of the identity and source of funds of all individuals providing financial contributions. Therefore, each contributing party will also be required to complete aml checks. A fee of £29 (including VAT) per contributing party will apply.

Once payment has been made to Coadjute and all required checks have been successfully completed, we will be able to confirm the property as Sold Subject to Contract (sstc).

The fee covers the cost of obtaining relevant electronic identification data, verification of identity and source of funds, any required manual verification, and ongoing monitoring where applicable. Hunters may receive a portion of the fee charged by Coadjute in recognition of its role in facilitating these compliance checks.

All information will be processed in accordance with the UK General Data Protection Regulation and the Data Protection Act 2018.