- Three Bedrooms
- End of Terrace
- Driveway Parking
- 50% Shared Ownership
Lease - 99 Years from 1st May 1998. Rent - £438.02 a month Service charge - £78.70 a month Reservation Fee - £500.00 You’ll need to pay a reservation fee to secure your home. When you pay the fee, no one else will be able to reserve the home. If you buy the home, the fee will be taken off the final amount you pay on completion. If you do not buy the home, the fee is not refundable. You can apply to buy the home if both of the following apply: • your household income is £80,000 or less • you cannot afford all of the deposit and mortgage payments to buy a home that meets your needs One of the following must also be true: • you're a first-time buyer • you used to own a home but cannot afford to buy one now • you're forming a new household - for example, after a relationship breakdown • you're an existing shared owner, and you want to move • you own a home and want to move but cannot afford to buy a new home for your needs If you own a home, you must have completed the sale of the home on or before the date you complete your shared ownership purchase. As part of your application, your finances and credit history will be assessed to ensure that you can afford and sustain the rental and mortgage payments.
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