Oakley Type - Plas Issa, Llys Gwynant, Bryn y Baal

  • Shared Equity

9 x 2 Bedroom Oakley Type Houses

  • Flintshire
  • 2 Bedrooms

Applications for this property will be closed on: 30.11.19

9 x 2 Bedroom Oakley Type Houses available on sale through the Shared Equity Scheme.

30% Affordable Price at £115,496 & £199.40 per annum of Service Charge

Minimum 5% deposit of the open market price

Local Residency criteria

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

A person shall have a “Local Connection” if they :

Priority 1: 24/10/2019 - 19/12/2019
(a) have immediately prior to being assessed been continuously resident for three years in the Community of Argoed; or

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

(c) has strong local connections with the Community of Argoed 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

Provided That:

Priority 2: 20/12/2019 - 16/01/2020
(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 of Mold Broncoed, Mold East, Gwernymynydd, Leeswood, Buckley Mountain and Buckley Bistre West.

Priority 3: 17/01/2020 - 12/02/2020
(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: 13/02/2020
(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

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: CH7 6FX
  • Postcode: CH7 6FY
  • Bedrooms: 2
  • Property Type: New Build

Property Value

Open Market Price Affordable Price Deposit Required
£164,995 £115,496 Minimum 5%

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