2 bedroom house for sale

Overview

2 bedroom semi detached house, The Falcon. Plot 2 - 3 Tibshelf Road, Holmewood, Chesterfield, Derbys S42 5ZXFULL MARKET VALUE £190,000. This property are being offered for sale via the Shared Ownership Scheme.The share purchase price is calculated using the full market value and the percentage share purchased.If you buy a 40% share, the share purchase price will be £76,000.00 and the rent will be £261.25 per calendar month.If you buy a larger share, you'll pay less rent. The table below shows further examples.Share: 25% / Share Purchase Price: £47,500.00 / Monthly Rent: £326.56Share: 30% / Share Purchase Price: £57,000.00 / Monthly Rent: £304.79Share: 40% / Share Purchase Price: £76,000.00 / Monthly Rent: £261.25Share: 50% / Share Purchase Price: £95,000.00 / Monthly Rent: £217.71Share: 60% / Share Purchase Price: £114,000.00 / Monthly Rent: £174.17Share: 70% / Share Purchase Price: £133,000.00 / Monthly Rent: £130.63Share: 75% / Share Purchase Price: £142,500.00 / Monthly Rent: £108.85The percentage share and rent amount will change depending on the amount you can afford. You'll receive a worked example after a financial assessment.Your annual rent is calculated as 2.75% of the remaining share of the full market value owned by the landlordIn addition to the rent above, there is an additional monthly payment to the landlord which includes a service charge and building insurance payment equating to £38.66EligibilityTo assess your eligibility, you'll need to complete an online application formYou can apply to buy the home if both of the following apply: your household income is £80,000.00 or less you cannot afford all of the deposit and mortgage payments to buy a home that meets your needsOne 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 needsIf 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 payment For more details and to contact: https://realtyww.info/houses/for-sale_i70968196

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