Shared Ownership
The scheme allows you to purchase the specified share of the property price and pay a reduced rent on the share you do not own. You will have the opportunity to buy further shares (subject to affordability) at a later date. As a shared owner you will be an assured tenant until you own 100% of the shares for the property, after which you will own the leasehold interest
Location
Within 15 minutes to M1 and A1
Schools nearby
Close to Supermarket
Parks nearby
gia – 89m²
Bedroom 1 – 14m²
• Double room
Bedroom 2 – 9.6m²
• Double room
Bedroom 3 – 6.8 m²
• Single room
Bathroom/WC – 4.4m²
• Bath
• WC
• Sink with unit
Kitchen – 14.4m²
• Good sized modern tiled kitchen
Lounge – 16m²
• Large dual aspect lounge
Downstairs Cloakroom/WC
Outside
• Private rear garden with lean two
• Patio and Pergola
• Drive
Further Info
Tenure: Leasehold
Ground Rent review Period: N/A
Lease Length: 85 years
Council Tax Band: C
Energy Efficiency Rating – B
Sale Price £375,000 Equity 50% for sale £187,500
Monthly net rent: £401.87
Monthly service charge: £13.25
Council Tax rates payable £1835.28 pa
Ad hoc Viewings
Viewings strictly by appointment only.
For further information or to book an appointment, please contact our Resales team on
Tel: Or email:
Eligibility
• You must be at least 18 years old
• Priority will be given if you live or work in Bedfordshire
• Outside of London your annual household income must be less than £80,000
• You cannot own another home. Shared Ownership purchasers are often first-time buyers but if you do already own another property (either in the UK or abroad), you must be in the process of selling it
• You should not be able to afford to buy a home suitable for your housing needs on the open market.
• You must show you are not in mortgage or rent arrears
• You must be able to demonstrate that you have a good credit history (no bad debts or County Court Judgements) and can afford the regular payments and costs involved in buying a home.
• You must be earning a household income of at least £57,010 per annum, with a minimum deposit of £18,750