Property features:
Ground floor
Secured allocated parking
Cycle store
Fitted kitchen
Electric heating
Double glazing
Over-bath shower
Shared garden
Ability to own 100%
Kitchen / Living / Dining: 6.19m x 3.36m
New high spec kitchen, white high gloss units, brushed chrome handles
New oven, hob and extractor fan.
Hand carved black high gloss silver fleck granite worktops
Black high gloss wall mounted dining table.
Black and silver spotlight celling lighting
Laminate oak coloured flooring.
Live flame look wall mounted electric fire
Wooden curtain pole
TV aerial socket
3x double electrical sockets in kitchen
4x double electrical sockets in living area
Bedroom: 3.97m x 3.19m
Carpeted flooring
Wooden curtain pole, 2 x double electrical sockets
TV aerial socket
Bathroom
White tiled walls with a blue tiled accent border
Over the bath shower and glass shower screen.
White bathroom suite.
New wood effect flooring.
White electric wall mounted towel rail
Purchase Requirements:
Be a first time buyer or not currently own a property.
Demonstrate you meet the minimum income requirements.
Demonstrate a deposit sufficient to obtain a mortgage for the property.
Be registered with your Help to Buy agent
Costs:
Full Market Price: £175,000
Minimum Share: 30%
Share Value: £52,500
Monthly Rent: £220.45
Service Charge pcm (including buildings insurance): £122.25
Total Monthly Charge: £342.70
Next rental increase: April 2021
Apply online via the Hastoe sales website
What is shared ownership?
Shared ownership is a scheme designed to help those who wouldn’t otherwise be able to purchase a home of their own. This may be because you can’t meet the full mortgage repayments, save a sufficient deposit, or both. With shared ownership, you buy a percentage of your home and pay a reduced rent on the share you don’t own
How does shared ownership work?
You will buy a percentage share of a home, independently priced at market value. Hastoe will charge you rent on the share you don’t own plus a service charge. This service charge covers things like buildings insurance and estate maintenance.
If you eventually own your home outright, you’ll no longer pay rent, but may continue to pay a service charge.
About Hastoe:
Hastoe owns and manages over 7,500 homes in 70 local authority areas. Our properties are predominantly rural and we specialise in providing sustainable and affordable rural housing to enable local people to remain within their communities.