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£185,000
- Your household income does not exceed £80,000 (outside of London) and £90,000 (inside of London)
- You have a deposit of at least 5% of the share value
- You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
- This will be your only residence.
- You are a permanent UK resident or have indefinite right to remain.
Brand new 3 bedroom house on the Great Oldbury development. The price advertised represents purchasing a 50% share of the home.
About the Home
This home boasts a separate living room with French doors leading out to the rear garden and the kitchen/dining room creates a sociable space in which to entertain. To the first floor are three bedrooms, bedroom one features an en suite bathroom. This home benefits from PV panels, electric vehicle charging point, allocated parking and waste water heat recovery.
Shared Ownership
The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright. You can buy a minimum 50% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.
Service charge will apply
Please ask Sales Advisor for further information.
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