Shared ownership information

Shared ownership is a part buy part rent property from a registered landlord
You purchase a share with the help of a mortgage based on your affordability.

Example of costs based on a Share of: 30%

Open Market Value: £335,000
Rent per month: £537.40
Service Charges per month: £15.48
Buildings insurance per month: £13.67

The more you buy the lower your rent will be. These costs will increase each year with inflation.

Eligibility Criteria

To be eligible for Shared Ownership you need to:

- be a first-time buyer, an existing shared ownership homeowner, or a former homeowner who can’t afford to buy now
- be over 18 years old
- have an annual household income of less than £80,000 (£90,000 in London).

If you wish to buy one of these properties we need to assess your eligibility for shared ownership. For this we need to see:

•Proof of ID
•Proof of address

You will also be required to complete an application form and an affordability calculation.

Layout

Ground Floor
Enter into large entrance hall with storage cupboard, stairs to first floor, and doors
leading to WC, Kitchen and Lounge
Kitchen/dining room
15'5" x 12'6" (4.70 x 3.82)
Large kitchen with range of wall and base units, sink, space for washing machine and
fridge/freezer. Electric oven with gas hob with hood over. Open plan to dining area.
Door to garden, 1 window to front of property and 1 window overlooking garden.
WC
6'8" x 4'9" (2.05 x 1.47)
White wash hand basin and low level WC. Window to front elevation. Plumbing in
place to adapt to a shower room.
Lounge
15'5" x 10'9" (4.72 x 3.30)
Large lounge sitting room with decorative fire surround. 2 windows to the front of the
property and 1 to the side.
First floor
Sweeping staircase to first floor with doors leading to 3 bedrooms and bathroom.
Bedroom 1
15'5" x 10'11" (4.72 x 3.34)
Spacious double bedroom with dual aspect windows to front and side of property.
Bedroom 2
13'8" x 6'6" (4.18 x 1.99)
Second double bedroom with large storage cupboard. Window to front of property.
Bedroom 3
12'0" long (3.68 long)
Single bedroom currently used as a dressing room. Window overlooking garden.

Artists Impressions

All images are used for illustrative purposes only and are representative only. They may not be the same as the actual home you purchase and the specification may differ. Images may be of a slightly different model of home and may include optional upgrades and extras which involve additional cost. Individual features such as windows, brick, carpets, paint and other material colours may vary and also the specification of fittings may vary. Any furnishings and furniture are not included in any sale.

Services

All mains services are connected.

Disclaimer

All measurements are approximate. We have not checked the serviceability of any appliances, fixtures or utilities (i.e. water, electricity, gas) which may be included in the sale. We cannot guarantee building regulations or planning permission has been approved and all prospective purchasers should satisfy themselves on these points prior to entering into a contract. Consumer Protection from Unfair Trading Regulations 2008. The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are NOT included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property.

Two Rivers Housing

TwoCan estate agents are advertising this property on behalf of Two Rivers Housing. Two Rivers Housing are the owners of Twocan