2 Bedroom Houses available on Shared Ownership from £120,000* for a 75% share** plus a monthly rental charge.
Brand New Two bedroom Houses available on our Shared Ownership scheme. These desirable properties are situated within a quiet cul-de sac in the village of Long Lawford, within easy reach of Rugby town centre with its good amenities and great transport links.
The accommodation briefly comprises:
Entrance hallway. Downstairs cloakroom with WC. Fitted Kitchen with integral oven & hob. Living/Dining Room with door to rear garden. There are two double bedrooms and a Bathroom with a shower over the bath.
These properties also benefit from gas fired central heating, flooring/carpets throughout, turfed rear gardens and allocated parking for two vehicles.
Shared Ownership is an excellent way for first time buyers or anyone who cannot afford to buy outright, to get onto the property ladder in an area they want to live. With more and more buyers being priced out of the housing market, Shared Ownership offers excellent value for money as you need to raise far lower deposits than your average first time buyer, as well the amount you borrow from a mortgage lender. So call us today for further information and see how we can help you buy your very own home.
^Photographs shown are for illustrative purposes only and are of a typical property at this location.
*Amount advertised is based on a 75% share of an end-terraced 2 bedroom house and is subject to change.
**Share advertised is the maximum initial share. Minimum share for initial purchase is 75%; Actual share purchase will be determined by financial assessment and individual circumstances in accordance with the HCA guidelines.
Monthly rental charge excludes any mortgage payment but includes rent, buildings insurance, estate and management charge.
This property includes:
- Carpets and Flooring Throughout
- Oven, Hob & Extractor
- Downstairs Cloakroom
- Bath With Shower & Shower Screen
- Allocated Parking
- Turfed Garden
The village of Long Lawford itself has a local shop and pub. The location offers a semi-rural location whilst still being close enough to Rugby to enjoy all of its town facilities and excellent transport links with easy access to the M6, M1 and M45 motorways. London is a 50 minute journey by train from Rugby train station and there are also direct routes to Northampton, Leicester and Coventry.
Are you eligible to apply?
Shared ownership is offered to people who:
- Have the funds to purchase a share in the property or the ability to obtain a mortgage for their share purchase
- Have £80,000 or less household income
- Are on the electoral roll
- Have a good credit history
- Pass our financial affordability criteria to ensure that you can afford the property on a sustained basis
- Have no history of rent arrears