The details

CHECK OUT this Modern Linden Homes End Terrace Home.

Shared ownership with Live West on a 40% share basis.

The house has a spacious Kitchen Dining Room overlooking the rear Garden and a Living Room overlooking the front with a ground floor Cloak Room.

The first floor has two double Bedrooms and a Bathroom. There is good natural light throughout.

To the front there is off road parking and to the rear a good size enclosed Garden.

Tenure: Leasehold 122 years remaining
Monthly Share Rent: based on a purchase price of £94,000 (40%) the monthly rent is calculated at £291.63
Monthly Buildings Insurance: £12.42
Reservation Fee: £500
Council Tax: C

Eligibility:

To assess your eligibility, you’ll need to register with a Help to Buy agent.
You can apply to buy the home if both of the following apply:
– your household income is £80,000 or less
– you cannot afford all of the deposit and mortgage payments to buy a home that meets your needs
One of the following must also be true:
– you’re a first-time buyer
– you used to own a home but cannot afford to buy one now
– you’re forming a new household – for example, after a relationship breakdown
– you’re an existing shared owner, and you want to move
– you own a home and want to move but cannot afford to buy a new home for your needs
If you own a home, you must have completed the sale of the home on or before the date you complete your shared ownership purchase.

As part of your application, your finances and credit history will be assessed to ensure that you can afford and sustain the rental and mortgage payments.

Cranbrook

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