* Leasehold
* Guideline Minimum Deposit £4, 875
* Guideline Income £33. 9k (dual) £40. 1k (single)
* First Floor
* Approx. 666 Sqft Gross Internal Area
* Kitchen Separate from Reception Room
* Two Good - Sized Bedrooms
* Parking Space
* Town Centre Within Easy Reach
Shared ownership (Advertised price represents 25% share. Full market value
£195, 000). A first - floor flat featuring a nineteen - foot, south - east - facing
reception/dining room and a good - sized separate kitchen. There are two
spacious bedrooms and a bathroom with both overhead and hand - held shower. Well
insulated walls and modern double glazing make for a good energy - efficiency
rating. The flat comes with use of a parking space and the town centre can
also be easily reached via bike or bus. The development has a communal rear
garden plus there are nature reserves and the National - Trust - managed Dunstable
Downs in the surrounding area. Offered chain - free.
**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: _ Heylo. Heylo Housing requires that all applicants must
have permanent rights to reside in the UK.
_Tenure: _ Leasehold (125 years from 2007).
_Minimum Share: _ 25% (£48, 750).
_Shared Ownership Rent: _ £722. 32 per month (subject to annual review).
_Service Charge: _ £157. 70 per month (subject to annual review).
_Guideline Minimum Income: _ Dual - £33, 900 Single - £40, 100 (based on minimum
share and 10% deposit).
_Council Tax: _ Band B, Central Bedfordshire 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
Kitchen
12' 0" x 6' 6" (3. 66m x 1. 98m)
Reception / Dining Room
19' 4" max. X 10' 1" max. (5. 89m x 3. 07m)
Bedroom 1
15' 2" x 10' 1" (4. 62m x 3. 07m)
Bedroom 2
11' 5" max. X 11' 4" max. (3. 48m x 3. 45m)
Bathroom

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