House For Sale £105,000
Shared ownership (Advertised price represents 30% share. Full market value £350,000). A rare chance to buy a detached, shared-ownership house with double garage and spacious driveway. The recently-constructed and beautifully-presented property has a reception room with bay window and doors that lead through to a 26' kitchen/dining room with sleek units and integrated appliances. The ground floor also features a study and a cloakroom. Upstairs, on the first floor, is a main bedroom with en-suite shower room and a bank of fitted wardrobes plus three further double bedrooms and a stylish family bathroom. Well insulated walls, roof and floor, high performance glazing and a modern gas central heating system have resulted in a very good energy-efficiency rating. There is an attractive front lawn and a good-sized, east/south-east-facing rear garden. Nearby Summerhill Country Park offers additional outside space to explore and Hartlepool town centre and railway station are only a short drive/bike ride away.
Interested parties are required to complete the shared ownership common application form
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(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)
Housing Association: heylo.
Tenure: Leasehold (125 years from 2020).
Minimum Share: 30% (£105,000).
Shared Ownership Rent: £515.31 per month (subject to annual review).
Combined Insurance and Admin Fee: £34.55 per month (subject to annual review).
Guideline Minimum Income: Dual - £32,800 Single - £38,000 (based on minimum share and 10% deposit).
Council Tax: Band E, Hartlepool Borough Council. Priority is given to applicants living and/or working in this local authority.
This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone.
What is shared ownership ?
Shared Ownership is a housing scheme designed to help homebuyers who are unable to afford the cost of buying a property outright on the open market. Properties may be sold off-plan or new build direct from housing associations, or pre-owned from existing shared owners. The rules and terms of the scheme are set by the Greater London Authority (gla) in London and Homes England outside of London.
Is shared ownership for you ?
The gla and Homes England set the eligibility criteria for Shared Ownership, but broadly speaking you must:
1. Not own another property in the UK or any other country.
2. Have a household income that falls below £90,000 (£80,000 threshold outside the M25). Every property will have a minimum income level too, determined by its’ value, rent and service charge costs. In most cases you will need to meet or exceed the given minimum income.
3. Have access to a minimum deposit of 10% of the share being purchased (a minimum deposit of 5% of the share being purchased may be acceptable depending on individual financial status).
4. Be in full time permanent employment.
5. Be a British, EU or eea Citizen or have indefinite leave to remain in the UK.
6. Have a good credit history.
Ground Floor
Reception Room
16' 10" max. X 12' 7" max. (5.13m x 3.84m)
Study
10' 6" x 6' 10" (3.20m x 2.08m)
Cloakroom
Kitchen / Dining Room
26' 4" max. X 10' 5" max. (8.03m x 3.17m)
Garage
17' 5" x 17' 1" (5.31m x 5.21m)
First Floor
Bedroom 1
12' 9" max. X 12' 3" max. (3.89m x 3.73m)
En-Suite Shower Room
Bedroom 2
13' 9" max. X 10' 1" max. (4.19m x 3.07m)
Bedroom 3
12' 9" max. X 9' 0" max. (3.89m x 2.74m)
Bedroom 4
11' 3" max. X 10' 1" max. (3.43m x 3.07m)
Bathroom
Interested parties are required to complete the shared ownership common application form
[]
(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)
Housing Association: heylo.
Tenure: Leasehold (125 years from 2020).
Minimum Share: 30% (£105,000).
Shared Ownership Rent: £515.31 per month (subject to annual review).
Combined Insurance and Admin Fee: £34.55 per month (subject to annual review).
Guideline Minimum Income: Dual - £32,800 Single - £38,000 (based on minimum share and 10% deposit).
Council Tax: Band E, Hartlepool Borough Council. Priority is given to applicants living and/or working in this local authority.
This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone.
What is shared ownership ?
Shared Ownership is a housing scheme designed to help homebuyers who are unable to afford the cost of buying a property outright on the open market. Properties may be sold off-plan or new build direct from housing associations, or pre-owned from existing shared owners. The rules and terms of the scheme are set by the Greater London Authority (gla) in London and Homes England outside of London.
Is shared ownership for you ?
The gla and Homes England set the eligibility criteria for Shared Ownership, but broadly speaking you must:
1. Not own another property in the UK or any other country.
2. Have a household income that falls below £90,000 (£80,000 threshold outside the M25). Every property will have a minimum income level too, determined by its’ value, rent and service charge costs. In most cases you will need to meet or exceed the given minimum income.
3. Have access to a minimum deposit of 10% of the share being purchased (a minimum deposit of 5% of the share being purchased may be acceptable depending on individual financial status).
4. Be in full time permanent employment.
5. Be a British, EU or eea Citizen or have indefinite leave to remain in the UK.
6. Have a good credit history.
Ground Floor
Reception Room
16' 10" max. X 12' 7" max. (5.13m x 3.84m)
Study
10' 6" x 6' 10" (3.20m x 2.08m)
Cloakroom
Kitchen / Dining Room
26' 4" max. X 10' 5" max. (8.03m x 3.17m)
Garage
17' 5" x 17' 1" (5.31m x 5.21m)
First Floor
Bedroom 1
12' 9" max. X 12' 3" max. (3.89m x 3.73m)
En-Suite Shower Room
Bedroom 2
13' 9" max. X 10' 1" max. (4.19m x 3.07m)
Bedroom 3
12' 9" max. X 9' 0" max. (3.89m x 2.74m)
Bedroom 4
11' 3" max. X 10' 1" max. (3.43m x 3.07m)
Bathroom
