Monthly rent on remaining share is £194.79. There is no ground rent to pay. There will be a monthly service charge of £34.02. Details to follow.
What is Shared Ownership? Shared ownership is a part-buy, part-rent scheme designed to help people who cannot afford to buy a home on the open market. You buy a share of a property, usually 50% or 75% on a long term lease, and pay a subsidised rent on the remaining share. Gradually it is possible to purchase further shares as they become affordable, and progress to full ownership.
Who qualifies? Anyone who does not currently own or part own a property and has a household income of less than £80,000 per year can apply.
House Specification Kitchen A selection of contemporary wall and base units Integrated stainless steel gas hob, electric oven Plumbing for washing machine Space for dining table Vinyl Flooring Bathroom White bathroom suite shower over the bath Tiled to full ceiling height in shower area Extractor Fan Vinyl Flooring Internal Gas central heating combi boiler Kitchen diner Double glazing White painted woodwork and magnolia painted walls Downstairs cloakroom with w/c and wash-hand basin External Enclosed turfed rear gardens to houses Allocated parking
Viewings & Reservations Before arranging a viewing, you will need to register your interest with Help to Buy Midlands by completing an application form on their website . Once assessed, they will forward your application form to us. If your application is successful we will contact you to arrange a viewing.
A non-refundable reservation fee of £250 is required to reserve your new home, this amount goes towards you deposit on completion.
The properties are sold on a 125 year shared ownership lease.
Any measurements quoted are approximate and must be checked on site and against the layout which may vary due to unforeseen circumstances. Floor plans may be mirror handed. These details have been produced for illustrative purposes only and does not form any part of a contract or constitute and offer.
Property descriptions and related information displayed on this page are marketing materials provided by NCHA Sales. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact NCHA Sales for full details and further information.