Plot 19, 32 & 33 Brook Meadow, Penyffordd

  • Shared Equity

3 x 2 bed houses available

  • Flintshire
  • 2 Bedrooms

3 x 2 bed houses available on the Shared Equity Scheme via a Private Developer.

Open Market Price - £190,000.

Affordable Price - £133,000 (70% of OMV)

minimum 5% deposit required (Subject to the requirements of the mortgage lender)

Ready approximately March 2023.

Local Residency criteria

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

Priority 1- 08/06/2022 - 06/07/2022 Intended purchaser has immediately prior to being offered a property has continuously a resident or continuously employed in the community of Penyffordd, 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 - 07/07/2022 - 04/08/2022 Criteria as above, but opening out to neighboring communities of Hope, Leeswood, Buckely Bestre East, Buckley Pent Robin, Ewlo, Hawarden, Broughton NE, Broughton S and Higher Kinnerton.

Priority 3 - 05/08/2022 - 02/09/2022 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 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.

Property Details

  • Address: 3 Rhos Rd, Penyffordd, Chester CH4 0JR, UK
  • Postcode: CH4 0GS
  • Bedrooms: 2
  • Property Type: New Build

Property Value

Open Market Price Affordable Price Deposit Required
£190,000 £133,000 minimum 5%

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Need help?

If you need help filling out any part of your application then please feel free to contact us on any of the details below:

Phone: 03456 015 605

Or alternatively, you can visit our help pages to find out more.

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