Apple Tree Fields
Appletree Lane, Marston Montgomery, DE6 2FP
from
£65,000
2 bedroom
from
£65,000
with min. deposit
£3,250
£65,000 2 bedroom bungalow | |
Availability | For sale |
| Minimum share | 25% |
| Full market price | £260,000 |
Deposit from | £3,250 |
Monthly rent | £446 |
Monthly service charge | £24.9 |
Annual ground rent | £0 |
Reservation fee | £500 |
Administration fee | £0 |
Bedrooms | 2 |
Bathrooms | 1 |
Reception rooms | 1 |
Furniture status | unfurnished |
Number of floors | 1 |
Entrance floor | Ground floor |
Tenure | leasehold |
Lease years | 125 |
Property features | Off street parkingPrivate Garden |
Overview
Emh is pleased to offer these two 2-bedroom bungalows for sale on a Shared Ownership basis.
Shares can be purchased from 25% to 75% initially (this is based on 5% increments, dependent on affordability and approval of eligibility for the Shared Ownership Scheme.
Staircasing can be applied for after 12 months to increase the share owned up to 80%. Please note that this is a restricted equity property so the freehold cannot be purchased.
Information on the share purchase price and rent examples can be found on the Key Information Document 1
Property overview
The property briefly comprises of:
Entrance hallway fitted kitchen with vinyl flooring …
FAQs
Help to Buy is an equity loan scheme to help you buy a new home. If you have a 5% deposit and can cover 75% of the value of the home with a mortgage (or 55% in London), the Government will lend you up to the remaining 20% (40% in London) in the form of an equity loan that carries 0% interest in the first 5 years. This is available on a variety of new-build properties for first time buyers and is subject to the property price, the subsequent price cap in that region and the developer offering the option.
You can read more on the Help to Buy FAQ
The rules for shared ownership are different to a private purchase. In short, as long as you don’t currently own, or won’t own another property when you move in to a new home, you’re likely to qualify. Help to Buy is available to first time buyers only and the property value itself must fall below a price threshold for that specific area which varies in terms of the average house price in the region.
Read more about eligibility in the FAQ
from
£65,000
with min. deposit
£3,250
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