2 bed flat for sale

Chapmans Passage, Birmingham B1

Summary
last 2 homes remaining - Own a brand-new home at Chapmans Yard with discounts starting from 50% through the First Homes Scheme.

First-Time Buyer Event @ Chapmans Yard - See how the Scheme can help you buy your own home.

Join us Friday 11 September, 4pm to 7pm - book now to secure your place.

Description
last chance to Buy at Chapmans Yard with the first homes Scheme and the discount market scheme!

Only two Homes Remaining!

Don't miss your opportunity to own a brand-new home at the highly sought-after Chapmans Yard development in Birmingham City Centre.

With just one 1-bedroom apartment and one 2-bedroom apartment remaining, eligible first-time buyers can benefit from the First Homes Scheme, with discounts starting from 50% off the full market value and the discount market scheme at 70%.

Located in the heart of Birmingham, Chapmans Yard offers stylish, energy-efficient homes with excellent transport links, vibrant city living, and a range of amenities right on your doorstep.

Why Buy At Chapmans Yard
- Last remaining 1 & 2-bedroom apartments available
- Discounts from 50% through the First Homes Scheme
- Brand-new high-specification homes
- City centre location
- Ideal for first-time buyers
- Ready to move into

What Is The First Homes Scheme
The First Homes Scheme is a government-backed initiative designed to help local first-time buyers purchase a home at a significant discount. Eligible buyers can purchase a property for 30% to 50% less than its full market value, making home ownership more affordable.

To qualify, buyers must:
- Be a first-time buyer
- Be aged 18 or over
- Have a household income of £80,000 or less per year (£90,000 in London)
- Obtain a mortgage for at least 50% of the purchase price
- Use the property as their main residence unlike Shared Ownership, buyers own 100% of the property from day one. The discount remains attached to the home when it is sold in the future, helping future generations of first-time buyers benefit too.

Price Example:
Full market value - £340,000
50% share price - £170,000
No ground rent payable
Service charge - £1,650.48

How To Apply
Contact Connells New Homes: Let us know you're interested in buying at Chapmans Yard. You will be expected to complete an affordability assessment with our friendly mortgage advisors who will assess your affordability to purchase.

Our advisors will take you through the necessary steps to submit your application to Birmingham City Council. This will include proving that you are eligible for either scheme.

Get the authority to proceed: If your application is successful, Birmingham City Council will send you an Authority to Proceed and Eligibility Certificate. You'll need to give these to your solicitor and mortgage provider (or broker) so that they can start next steps.

Connells New Homes will then proceed to complete a reservation with you, whereby you will pay a £500 reservation fee to the developer. A memorandum of sale will be sent to all parties and your mortgage application submitted and solicitors instructed.

Agency Notes
1. These particulars are intended as a guide only.
2. All measurements are approximate and should not be relied upon.
3. Images used are of the Show Apartment and are for illustrative purposes only. They are intended to show the potential appearance of the property and may not represent the final specification, finishes, or landscaping.
4. Purchasers should verify details before proceeding.

Lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.