2 Bedroom mid terraced property available
2 Bedroom mid terraced property available through the Shared Equity Scheme.
The house compromise of kitchen / diner, living room, downstairs WC with two bedrooms and family bathroom. Gas central heating, UPVC double glazed windows and doors, garden to the rear with two spaces for car at front of property.
Bedroom 1 - 12'10" x 7'10"
Bedroom 2 - 12'10" x 7'10"
70% affordable price at £101,500 and annual Ground Rent £395.00
The property is Leasehold with 242 years remaining.
Open Market Value - £145,000
Minimum deposit 5 % of the open market price (subject to the requirement of the mortgage lender).
Please see below for Local Residency Criteria
Priority 1 - 19/07/2022 - 13/09/2022 Intended purchaser has immediately prior to being offered a property has continuously a resident or continuously employed in the community of Hope, adjoining communities of Caergwrle, Llanfynydd, Cymau, Ffrith,Treuddyn, Pontybodkin, Leeswood, Penyffordd and Higher Kinnerton for 3 years, or has a strong local connection, by reason of having a close relative resident in the named communities, who has been resident there for a minimum of three continuous years Close relative – spouse, parent, brother, sister, child, grandparent or grandchild
Priority 2 – 14/09/2022 - 12/10/2022 Criteria as above, but opening out to neighbouring communities of Broughton, Bretton, Hawarden, Ewloe and Buckley.
Priority 3 - 13/10/2022 - 10/11/2022 In the event of no intended purchaser being identified, qualifications as noted in a), and b) the local residency criteria is opened out to the Whole of Flintshire. The period of three years, shall be reduced to two years.
Priority 4 - 11/11/2022 In the event that no intended purchaser is identified from a),b) c), the local residency criteria is opened out to the whole of the County of Flintshire, Denbighshire and County Borough of Wrexham, and the qualifying period shall be further reduced to 12 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.
|Open Market Price||Affordable Price||Deposit Required|
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