* Leasehold
* Guideline Minimum Deposit £12, 675
* Guideline Income £27. 3k (dual) £33. 4k (single)
* First Floor with Balcony
* Approx. 615 Sqft Gross Internal Area
* Double Glazing
* Gas Central Heating
* Parking Space
* Town Centre Within Easy Reach
**Shared ownership** (Advertised price represents 65% share. Full market
value £195, 000). A smartly - presented, two - bedroom flat in a modern development
in semi - rural West Sussex. Midhurst is an attractive town which dates back to
medieval times and lies in the heart of the South Downs National Park,
approximately twelve miles north of Chichester. The property is on the first
floor and features a reception room with south - east - facing balcony. There is a
separate kitchen, naturally - lit bathroom, hallway storage and a fitted
wardrobe in the larger bedroom. Well insulated walls, double glazing and gas
central heating make for a very good energy - efficiency rating. The flat comes
with use of a parking space and is within easy reach of the town centre.
**Interested parties are required to complete the shared ownership common
application form
**
**[]**
(Please note the minimum income and deposit requirements for eligibility. You
do not need to request a viewing separately once you have completed the
application form. )
**Housing Association: ** Clarion. **Tenure: ** Leasehold (125 years from
2008).
**Minimum Share: ** 65% (£126, 750). The housing association will expect that
you will purchase the largest share affordable.
**Shared Ownership Rent: ** £166. 65 per month (subject to annual review).
**Service Charge: ** £92. 05 per month (subject to annual review).
**Guideline Minimum Income: ** Dual - £27, 300 Single - £33, 400 (based on
minimum share and 10% deposit).
**Council Tax: ** Band B, Chichester District Council. Priority is given to
applicants living and/or working in this local authority.
This property is offered for sale in the condition seen. The housing
association does not warrant to carry out any remedial or redecoration work of
a cosmetic nature unless specifically advised in writing. As a general rule,
fitted domestic appliances are included in the sale; non - fitted appliances are
not. If you require confirmation, you must request this in writing from Urban
Moves. The information in this document supersedes any information given
verbally either in person or by telephone. Pets not permitted (except
assistance animals).
**What is shared ownership ?**
Shared Ownership is a housing scheme designed to help homebuyers who are
unable to afford the cost of buying a property outright on the open market.
Properties may be sold off - plan or new build direct from housing associations,
or pre - owned from existing shared owners. The rules and terms of the scheme
are set by the Greater London Authority (gla) in London and Homes England
outside of London.
**Is shared ownership for you ?**
The gla and Homes England set the eligibility criteria for Shared Ownership,
but broadly speaking you must:
1\. Not own another property in the UK or any other country.
2\. Have a household income that falls below £90, 000 (£80, 000 threshold
outside the M25). Every property will have a minimum income level too,
determined by its’ value, rent and service charge costs. In most cases you
will need to meet or exceed the given minimum income.
3\. Have access to a minimum deposit of 10% of the share being purchased (a
minimum deposit of 5% of the share being purchased may be acceptable depending
on individual financial status).
4\. Be in full time permanent employment.
5\. Be a British, EU or eea Citizen or have indefinite leave to remain in the
UK.
6\. Have a good credit history.
First Floor
Entrance Hallway
Reception Room
17' 8" max. X 12' 5" (5. 38m x 3. 78m)
Balcony
Bedroom 2
12' 1" max. X 7' 9" max. (3. 68m x 2. 36m)
Bedroom 1
12' 1" max. X 10' 1" (3. 68m x 3. 07m)
Kitchen
9' 11" max. X 9' 2" max. (3. 02m x 2. 79m)
Bathroom

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