18 Ffordd Trebeirdd, Mold

  • Shared Equity

2 bed End Terraced Property

  • Flintshire
  • 2 Bedrooms

2 bed End Terraced property available on the Shared Equity scheme via Grwp Cynefin

Providing well proportioned and immaculate presented accommodation with gas fired central heating, double glazing and remaining balance of builder warranty/NHBC. Comprising of entrance hall, lounge, kitchen diner with attached WC . Stairs to first floor leading to wide landing giving access to the family bathroom and x2 double bedrooms one including built in wardrobe space. Driveway parking and enclosed rear garden

Freehold

Open Market Price - £195,000

Affordable Price - £136,500 (70% of OMV)

Minimum 5% deposit of the open market price (subject to your mortgage lender)


Local Residency criteria

You must meet the Local Connection criteria for affordable housing with priority being given to:


Priority 1: 16/06/2022 - 11/08/2022

(a) have immediately prior to being assessed been continuously resident for three years in the Community; or

(b) have immediately prior to being assessed been continuously employed for three years in the Community; or

(c) has strong local connections with the Community by reason of having a spouse parent brother sister child grandparent or grandchild who is resident in the Community and has been resident there for a minimum of three continuous years


Priority 2: 12/08/2022 - 09/09/2022

i) if no such person meeting the requirements of paragraphs (a) (b) or (c) above is nominated or approved by the Council or the Nominated Agent within 8 weeks of the Council or Nominated Agent having been notified that marketing of the relevant Low Cost Home Ownership Unit has commenced then references above to the Community shall be treated as if they include neighbouring communities identified by the Council in its absolute discretion


Priority 3: 10/09/2022 - 08/10/2022

(ii) if no such person meeting the requirements of paragraphs (a) (b) or (c) above (as extended by paragraph (i) above) is nominated or approved by the Council or the Nominated Agent within 12 weeks of the Council or Nominated Agent having been notified that marketing of the relevant Low Cost Home Ownership Unit has commenced then references above to the Community shall be treated as if they include the whole of the County of Flintshire and references to the period of “three years” mentioned in paragraphs (a) (b) and (c) shall be reduced to two years


Priority 4: 09/10/2022

(iii) if no such person meeting the requirements of paragraphs (a) (b) or (c) above (as extended by paragraph (ii) above) is nominated or approved by the Council or the Nominated Agent within 16 weeks of the Council or Nominated Agent having been notified that marketing of the relevant Low Cost Home Ownership Unit has commenced then references above to the Community shall be treated as if they include the whole of the County of Flintshire and the whole of the County of Denbighshire and the County Borough of Wrexham and references to the period of “three years” mentioned in paragraphs (a) (b) and (c) shall be further reduced to twelve months


We will require £75.00 assessment fee to cover our administration costs for the assessment. This fee will also hold the property for you whilst we carry out the necessary checks. This fee is non-refundable.

You will be required to sign a Legal Charge which is a legal document that secures the 30% equity. Flintshire County Council will charge a fee of £300 for preparing this document.

Property Details

  • Address:
  • Postcode: CH7 1FJ
  • Bedrooms: 2
  • Property Type: Re-sales

Property Value

Open Market Price Affordable Price Deposit Required
£195,000 Minimum 5% deposit required

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Phone: 03456 015 605
E-mail: info@taiteg.org.uk

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