Property features:
Allocated parking
Private garden
Fitted kitchen with integrated appliances
Double glazing
Over-bath shower
Downstairs WC
Ability to purchase 100%
Costs:
Plot 16 (3 bedroom house)
Full market price: £472,500
Minimum share: 30%
Share value: £141,750
Monthly rent: £757.97
Estimated service charge: £35.00
Plot 17 (3 bedroom house)
Full market price: £472,500
Minimum share: 30%
Share value: £141,750
Monthly rent: £757.97
Estimated service charge: £35.00
Purchase Requirements:
Have local connection to the area
Demonstrate you meet the minimum income requirements.
Demonstrate a deposit sufficient to obtain a mortgage for the property.
You must be a first time buyer or not currently own a home.
Be registered with your Help to Buy agent
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.
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.