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Off street parking
The lease term on this property is currently at 78 years. To help potential buyers’ mortgage options, Hastoe agree to buy the share back from the shared owner after a minimum period of two years, if the shared owner wishes to move, where the option of a lease extension is not made available. Terms and conditions apply.
Purchase Requirements: Be a first time buyer or not currently own a property. Demonstrate you meet the minimum income requirements. Demonstrate a deposit sufficient to obtain a mortgage for the property. Have a local connection to the area. Be registered with your Help to Buy agent
Costs: Full Market Price: £280,000 Minimum Share: 60% Share Value: £168,000 Monthly Rent: £161.03 Service Charge pcm (including buildings insurance): £8.63 Total Monthly Charge: £169.66 Next rental increase: April 2022
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.
This property has restricted staircasing to ensure the property remains affordable for future generations of local people.
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.
For more information about this property, please contact Hastoe Housing - Resale Properties, KT1 on +44 20 7768 1214 * (local rate)
Contact Hastoe Housing - Resale Properties about this property
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hastoe Housing - Resale Properties, and do not constitute property particulars. Please contact Hastoe Housing - Resale Properties for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.