2 bedroom house for sale
Havill Crescent, Banbury, OX15 4TU
Share percentage 50%, full price £310,000, £15,500 Min Deposit.
Share percentage 50%, full price £310,000, £15,500 Min Deposit.
Monthly Cost: £1,287
Rent £389,
Service charge £111,
Mortgage £787*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Summary
A 2-bedroom house with a large garden, private parking & integrated appliances is available Banbury
Description
- Nearest Railway Station: Banbury station
- Bus Routes Nearby: 488
- Integrated appliances
- Private parking
- Large garden
- Fitted wardrobe to main bedroom
- Patio
What is Shared Ownership?
Through Shared Ownership you can buy up to 75% of the property, paying a low-cost rent on the remaining unpurchased 'share' of the home. What's more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these homes even more affordable than buying through private sale. With resale properties, you must purchase your first share at the percentage the existing leaseholder owns or more.
Financial information
- Tenure: Leasehold
- Remaining Lease Term: 120 Years
- Annual ground rent amount: 0
- Ground rent review period: Annually
- Annual service charge amount: £1,326.96
- Service charge review period: 1st April annually
- Council tax band: Band C
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: C
Property Downloads
Floor Plan Energy CertificateMap
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
- Service Charge: Covers maintenance and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 50%, full price £310,000, £15,500 Min Deposit. Calculated using a representative rate of 4.64%