Wychbury Fields, Hagley, DY9 (ref: 28826960)Shortlist
- Bromford Have Been Established For More Than 50 Years
- This Home Will Be Ready To Move Into Late July/Early Aug
- Fitted Kitchen
- French Doors Open Onto A Rear Garden
- Downstairs W/C
- Two Double Bedrooms
- Good Size Bathroom
- Offered On a 45% Share
- 10 Year New Home Warranty
- Allocated Off Road Parking
Descripton - For more than 50 years Bromford have provided their customers with new and affordable homes. They believe that by offering the right home and the right relationship, every one of their customers can achieve more. Shared ownership gives more people then ever the opportunity to fulfil the dream of owning their own home.
Depending on what you can afford, you can buy a share of between 40% and 75% of the home. You then pay a subsidised rent on the remaining share. As and when you can afford to do so, it's possible to buy a larger share of the property at a later date - this is called staircasing.
Buying a shared ownership home is very similar to buying a home on the open market. You'll need a deposit of at least 5% , a mortgage to cover the purchase price of your share and you'll have to pay for your legal fee's.
You will need to register with the 'Help to Buy' agent in the area your looking to buy in, and there are certain eligibility criteria you'll need to meet.
You'll need to be earning no more than £80,000 (outside of London), be over 18, live or work in the UK, not own any other property, and be unable to afford to buy a home on the open market.
With shared ownership you benefit from the lower monthly payments compared to buying a home outright, but you still get all the benefits of owning your own home.
BUYERS NOTE : THERE IS A RENTAL FIGURE AND AN ANNUAL SERVICE CHARGE TO PAY - MORE DETAILS WILL BE PROVIDED ON REQUEST
Kitchen/Dining - 3.94 x 3.62 (12'11" x 11'10") -
Living Room - 5.20 x 3.01 (17'0" x 9'10") -
W/C - 1.83 x 1.45 (6'0" x 4'9") -
Bedroom 1 - 5.20 x 2.99 (17'0" x 9'9") -
Bedroom 2 - 4.05 x 2.90 (13'3" x 9'6") -
Bathroom - 2.24 x 1.98 (7'4" x 6'5") -
Outside - Rear garden accessed via patio doors in living room. Patio with lawned area housing shed. Allocated parking to front or rear.