2 bedroom house for sale
7 Luxland View, TR7 2FJ
Share percentage 40%, full price £210,000, £4,200 Min Deposit.
Share percentage 40%, full price £210,000, £4,200 Min Deposit.
Monthly Cost: £808
Rent £315,
Service charge £25,
Mortgage £468*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
As part of your application for a shared ownership home at this development, you are required to hold a local connection to the County of Cornwall. The local connection requirements are outlined within a planning document issued by Cornwall Council called a “Section 106 Agreement”, which is unique to each new development. Coastline Housing are responsible for approving your local connection and we will need to have all evidence of this before an offer of a property will be made.
To meet the local connection criteria for this scheme, you will need to meet one of the following:
a) Lived in the County of Cornwall for a continuous period of at least 12 months immediately prior to advertising
b) Formerly lived within the County of Cornwall for a continuous period of 5 years.
c) Your place of work (16 hours or more a week and not including seasonal employment) has been within the County of Cornwall immediately prior to advertising.
d) Have a connection through a close family member (mother, father, brother, sister, son or daughter) where the family member is currently a resident of the County of Cornwall and has been so for a continuous period of at least 5 years immediately prior to advertising.
*The local connection criteria does not apply if you are a serving or previously serving member of the regular armed forces or qualifying under any other clause of the Allocation of Housing (qualification criteria for armed forces) (England) regulations 2012.
PROVING YOUR CONNECTION
So that we can approve your local connection, you will need to provide us with some documents as evidence. You will need to bring this evidence with you to your application interview. If you are unsure on what you will need to provide, please contact the Sales Team.
Residency (a, b or d) – evidence to cover the relevant period for yourself or close family member**
- Full Credit report showing presence on the electoral roll - As you need to provide this to TMP as part of your financial assessment, this is the easiest way to prove criteria a or b
- Utility bills - One from each year required
- Council tax bills
- Bank/credit card statements - One from each year required
- State benefit book or receipts showing rent paid
- Payslips showing home address - One from each year required
- Written certification from either a solicitor/social worker/probation officer/inland revenue officer/police officer/teacher or doctor
**Please note that if you are using a family connection, you will also need to provide proof of family connection such as birth or Marriage certificates and change of name documentation if applicable.
Employment (c) – evidence to cover the relevant Local Connection period
- Payslips showing employers address
- Employer’s letter confirming length and terms of employment (including hours worked if applicable)
Summary
2 Bedroom Mid-Terrace House with Garden
Description
7 Luxland View is a 2 bedroom mid-terraced house, located in a wonderful elevated position on the outskirts of Newquay.
This home offers superb open plan living to the ground floor, with a spacious lounge with fully glazed French doors to the front, to make the most of the south-facing aspect, a well thought-out kitchen with plenty of base and eye level units, a built-in electric oven, ceramic hob and extractor hood, a useful pantry cupboard, space for white goods, metro-tiled splashback and part glazed door leading to the rear garden. There is also a downstairs WC fitted with a low-level WC and hand basin. Rising from the space between the lounge and the kitchen are the stairs to the first floor, which offers two double bedrooms and a family bathroom, fitted with a modern white suite.
Outside, the garden is mainly laid to lawn with a decked area immediately leading from the back door. There is also a shed, outside tap and outside light. To the front of the property is a small front garden area, and steps rise from the two allocated parking spaces.
Having been built in 2017, there are currently 3 years remaining on the new build warranty and 92 years remaining on the lease (99 years from new).
Particulars
Tenure: Leasehold
Lease Length: 92 years
Council Tax Band: B
Property Downloads
Energy CertificateMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes
Outside Space/Garden: n/a - Private Garden
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 40%, full price £210,000, £4,200 Min Deposit. Calculated using a representative rate of 5.03%
