* Leasehold
* Off street parking
* Central heating
* Double glazing
Property features:
Allocated parking space
Private garden
Fitted Kitchen
Central heating
Double Glazing
Can own up to 100%
Kitchen: 2. 73m x 2. 30m
Living room: 4. 50m x 3. 68m
WC: 1. 85m x 0. 85m
Bathroom: 2. 25m x 1. 83m
Bedroom 1: 4. 29m x 3. 20m
Bedroom 2: 3. 20m x 2. 34m
Bathroom: 2. 25m x 1. 83m
Garden: 4. 5m x 7m
Purchase Requirements:
Be a first time buyer or not currently own a property.
Demonstrate you meet the minimum income requirements.
Demonstrate a deposit sufficient to obtain a mortgage for the property.
Have a local connection to the area.
Costs:
Full Market Price: £205, 000
Minimum Share: 40%
Share Value: £82, 000
Monthly Rent: £312. 13
Service Charge pcm (including buildings insurance): £34. 01
Total Monthly Charge: £346. 14
Next rental increase: April 2024
Apply online via the Hastoe sales website
What is shared ownership?
Shared ownership is a scheme designed to help those who wouldn’t otherwise be
able to purchase a home of their own. This may be because you can’t meet the
full mortgage repayments, save a sufficient deposit, or both. With shared
ownership, you buy a percentage of your home and pay a reduced rent on the
share you don’t own
How does shared ownership work?
You will buy a percentage share of a home, independently priced at market
value. Hastoe will charge you rent on the share you don’t own plus a service
charge. This service charge covers things like buildings insurance and estate
maintenance.
About Hastoe:
Hastoe owns and manages over 7, 500 homes in 70 local authority areas. Our
properties are predominantly rural and we specialise in providing sustainable
and affordable rural housing to enable local people to remain within their
communities.