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Earlsbrook | Earlsbrook - 5 bed, CW8 2FT
Share 0% / Full price £1,700 / Min deposit £170

House
5 bedrooms
3 bathrooms

L&Q
02077682131
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Description

Nestled on the boundary of the tranquil Delamere Forest, this 5 bedroom home is available exclusively with Rent to Buy. Rent to Buy homes at Earlsbrook offer a unique opportunity for those looking to take their first step onto the property ladder, by offering reduced rents when compared to renting privately, to help you save towards a deposit to buy your first home.

Introducing Rent to Buy from L&Q

Rent to Buy (RtB) is a government scheme designed to transition you from a renter into a homeowner. The rents are often priced at 80% of a similar property on the open market. The savings you make on the discounted rent can then be used towards a deposit for your first home.

Rent to Buy lets you:

  • Rent a home at a lower price compared to renting privately
  • Save faster towards a deposit to buy your own home
  • Rent the homes you want to buy
  • Buy a share of your home through Shared Ownership, or on the open market with L&Q within 5 years**

To rent a home through Rent to Buy with L&Q, you must:

  • Be a first-time buyer
  • Be in full-time employment
  • Have the right to rent - proven by possession of British/EU/EEA Citizenship or a valid UK residency visa
  • Meet the minimum income and affordability standards - this will depend on the price of the home you are interested in. Minimum income requirements should be used as a guide and can vary depending on a household's circumstances and financial commitments
  • Minimum income for this property is £49,000 -£56,000 based on a single application and £45,000 - £51,000 based on a joint application
  • Have the intention to purchase a home at the time of application

You must not:

  • Own any other residential home in the UK or abroad or be in the process of buying a property
  • Have an adverse rental history, this includes rent arrears or damage to a property
  • Have a history of bankruptcy, defaults which include late payments, county court judgments (CCJs) or Individual Voluntary Agreements (IVAs)

    *Please note minimum income requirements should be used as a guide and can vary depending on a household's circumstances and financial commitments.

**Shared Ownership eligibility criteria on your Shared Ownership home, L&Q cannot guarantee you will meet future affordability requirement should you wish to buy a Shared Ownership home.

***Images are of the show home at Earlsbrook and are for illustrative purposes only.

Description

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Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy Ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.

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