- 1 Bedroom
- 1 Bathroom
- 1 Reception
This property has light and bright accommodation comprising: -Entrance hall with storage cupboard, bathroom, lounge/diner opening into the kitchen area, master bedroom and a balcony with far reaching views. FINANCIAL INFORMATION Property Value = £270,000 Percentage Share = 25% Share Price = £67,500 *Monthly Rent = £512.39 *Monthly Service Charge = £298.10 Please note the rent and service charge is reviewed annually 01 April.
This property has light and bright accommodation comprising: -Entrance hall with storage cupboard, bathroom, lounge/diner opening into the kitchen area, master bedroom and a balcony with far reaching views. Eligibility: • Interested applicants should be registered and approved for the scheme by completing our shared ownership eligibility application at https://hydehousingpoc.force.com/salesandmarketing/s/sharedownershipregistration. • To be eligible an applicant’s household income cannot exceed £80,000 for a property outside of London or £90,000 for a property in London. • Homeowners can be considered; however, exchange of contracts for this sale cannot take place until their current property ownership has been terminated. Affordability: • Applicants should be able to obtain a high street mortgage (an adverse credit lender may not be excepted by the Association). • Where a mortgage is not accessible, cash purchasers will be considered on a case-by-case basis. • Applicants must have a good credit history – no CCJ’s or loan defaults. • A successful candidate must pass the shared ownership affordability assessment with an Independent Financial Advisor. This advisor will be appointed from the Hyde New Homes panel. FINANCIAL INFORMATION Property Value = £270,000 Percentage Share = 25% Share Price = £67,500 *Monthly Rent = £512.39 *Monthly Service Charge = £298.10
