House For Sale £169,600
This two bedroom house is an ideal opportunity to get on to the property ladder with Hastoe. It is being sold under the shared ownership scheme whereby you purchase a share in the property and pay a reduced rent on the remaining Hastoe equity.
EPC= B83
Term remaining on lease: 113 years
Property features:
Private double driveway
Private garden
Fitted Kitchen
Central heating
Triple glazing
Over-bath shower
Downstairs WC
Kitchen / Diner: 4.89m x 3.06m
Living room: 3.45m x 3.36m
Bathroom: 2.12m x 2.09m
Bedroom 1: 3.84m x 3.34m
Bedroom 2: 3.34m x 3.06m
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.
Have a local connection to the area.
Be registered with your Help to Buy agent
Costs:
Full Market Price: £320,000
Minimum Share: 53%
Share Value: £169,600
Monthly Rent: £319.87
Service Charge pcm (including buildings insurance): £30.96
Total Monthly Charge: £350.83
Next rental increase: April 2022
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.
This property has restricted staircasing to ensure the property remains affordable for future generations of local people.
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.
EPC= B83
Term remaining on lease: 113 years
Property features:
Private double driveway
Private garden
Fitted Kitchen
Central heating
Triple glazing
Over-bath shower
Downstairs WC
Kitchen / Diner: 4.89m x 3.06m
Living room: 3.45m x 3.36m
Bathroom: 2.12m x 2.09m
Bedroom 1: 3.84m x 3.34m
Bedroom 2: 3.34m x 3.06m
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.
Have a local connection to the area.
Be registered with your Help to Buy agent
Costs:
Full Market Price: £320,000
Minimum Share: 53%
Share Value: £169,600
Monthly Rent: £319.87
Service Charge pcm (including buildings insurance): £30.96
Total Monthly Charge: £350.83
Next rental increase: April 2022
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.
This property has restricted staircasing to ensure the property remains affordable for future generations of local people.
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.
