* Leasehold
* Guideline Minimum Deposit £14, 000
* Guide Min Income - Dual £37. 7k Single £43. 9k
* Two Storey, Two Bedroom, Semi Detached House
* Approx. 794 Sqft Gross Internal Area
* High Performance Glazing
* Bathroom plus En - Suite Shower Room
* Front and Rear Gardens
* Driveway Parking
Shared ownership (Advertised price represents 50% share. Full market value
£280, 000). This attractive, recently - constructed house is part of an
extensive, carefully planned development to the north - west of Huntingdon. The
semi - detached property has a cloakroom just off the entrance hallway and a
kitchen/dining room with integrated appliances and windows to front and side.
The reception room features patio doors that open onto the rear garden. On the
first floor is a main bedroom with a bank of fitted wardrobes and a naturally -
lit, en - suite shower room. The second bedroom is also a comfortable double and
there is a stylish family bathroom. Well insulated walls, high performance
glazing and a modern gas central heating system all contribute towards a very
good energy - efficiency rating. A driveway provides off - street parking space
for two cars and the local roads provide direct routes to Peterborough,
Cambridge or south towards London.
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 2020).
_Minimum Share: _ 50% (£140, 000).
_Shared Ownership Rent: _ £377. 43 per month (subject to annual review).
_Service Charge: _ £68. 30 per month (subject to annual review).
_Guideline Minimum Income: _ Dual - £37, 700 Single - £43, 900 (based on minimum
share and 10% deposit).
_Council Tax: _ Band B, Huntingdon 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.
_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.
Ground Floor
Entrance Hallway
Cloakroom
Kitchen / Dining Room
14' 2" x 8' 1" (4. 32m x 2. 46m)
Living Room
15' 2" x 11' 6" (4. 62m x 3. 51m)
First Floor
Landing
Bedroom 1
11' 11" x 10' 3" max. (3. 63m x 3. 12m)
En - Suite Shower Room
Bedroom 2
11' 11" x 8' 2" (3. 63m x 2. 49m)
Bathroom

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