ESCAPE THE RENTAL CYCLE DISCOVER SHARED OWNERSHIP | Deposit from £2,800.00 | Carpets and flooring throughout | Integrated kitchen appliances | So much more!
This 2 bedroom terraced home is perfect for those looking to get onto the housing ladder and is suitable for singles, couples and families a like.
As part of our Shared Ownership scheme, this home is available to purchase from a 25% share!
Shared Ownership means is you can step onto the housing ladder and move into your dream home faster and easier, with a small mortgage…and an even smaller deposit!
The share purchase price is calculated using the full market value and the percentage share purchased. If you buy a 25% share, the share purchase price will be £56,000 and the rent will be £385.00 a month. If you buy a larger share, you'll pay less rent. The table below shows further examples:
50% £112,000 £256.67
75% £168,000 £128.33
The percentage share and rent amount will change depending on the amount you can afford. You'll receive a worked example after a financial assessment. Your annual rent is calculated as 2.75% of the remaining share of the full market value owned by the landlord
EPC rating: B. Council tax band: X, Tenure: Leasehold, Service charge description: Please see Key information about the home for requirements and costs. , % Share being sold: 25, Additional liabilities or obligations: Please see Key information about the home for requirements and costs. ,| Tax Band | % | Taxable Sum | Tax |
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