COMING SOON - 2 Bedroom Semi-detached Houses available on Shared Ownership starting from £120,000 for a 50% share* plus a monthly rental cost**
Brand New Two Bedroom Semi-detached Houses available on our Shared Ownership scheme. These desirable properties are located on new development in the village of Newton, just four miles north east of Rugby.
Two bedroom semi-detached houses briefly comprise: Entrance Hall; Downstairs WC; Kitchen; Living Room with door to the rear garden. Upstairs there are two bedrooms and a bathroom with a shower over the bath.
These properties benefit from gas fired central heating, flooring/carpets throughout, turfed rear gardens with a shed and a driveway for two vehicles.
COMING SOON - Call 0800 44 55 67 to register your interest now or enquire on line.
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 to register your interest and see how we can help you buy your very own home.
^Photographs shown are for illustrative purposes only and are not of property at this location.
*Share advertised is the minimum share. Maximum share for initial purchase 75%; Actual share purchase will be determined by financial assessment and individual circumstances in accordance with the HCA guidelines. Amount advertised is subject to change.
**An additional monthly rental charge applies that includes rent, buildings insurance, estate and management charge but excludes any mortgage payment.
This property includes:
- Carpets and Flooring Throughout
- Oven, Hob & Extractor
- Downstairs Cloakroom
- Bath With Shower & Shower Screen
The development is located in the small village of Newton, which is surrounded by farmland & pastures. This village offers a semi-rural location whilst still being close enough to Rugby to enjoy all of its town facilities and excellent transport links.
There are a wide range of amenities just a few minutes drive from the development including a supermarket, shopping centre and a traditional thatched pub. Close to the A5 & M6 Motorway and 10 minutes from Rugby train station.
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 a household income of less that £80,000 a year
- 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
- All applicants are required to register and apply in the first instance with Help to Buy Midlands for eligibility approval.