2 pictures
Flat
·
for sale
£ 140,000
2 bed flat for sale
Lower Lickhill Road DY13 Stourport-On-Severn
· 2 Bedrooms · Flat
Lower Lickhill Road DY13 Stourport-On-Severn · 2 Bedrooms · Flat
From Communiry Housing As you may be aware Shared Ownership is where you purchase a portion of the property, normally through a mortgage, and rent the remaining portion from ourselves. After living in the property for 12 months you are able to purchase further shares (called staircasing) so you have the opportunity to own the property outright eventually if you wish unless the conditions of the lease prevent this. As a Shared Owner you are classed as an owner occupier so are responsible for keeping the home in a good condition. To be eligible for shared ownership you:- - Need to be over the age of 18 - Be unable to buy on the open market - Not earn in excess of 80,000 - Not already own a property (unless in exceptional circumstances) - Be able to raise a mortgage to cover the share you wish to purchase - Be able to afford to pay the remaining rent and bills etc. - Have enough saved to cover the mortgage and legal fees and any additional moving costs - Be registered on HomeChoice plus,
From Communiry Housing As you may be aware Shared Ownership is where you purchase a portion of the property, normally through a mortgage, and rent the remaining portion from ourselves. After living in the property for 12 months you are able to purchase further shares (called staircasing) so you have the opportunity to own the property outright eventually if you wish unless the conditions of the lease prevent this. As a Shared Owner you are classed as an owner occupier so are responsible for keeping the home in a good condition. To be eligible for shared ownership you:- - Need to be over the age of 18 - Be unable to buy on the open market - Not earn in excess of 80,000 - Not already own a property (unless in exceptional circumstances) - Be able to raise a mortgage to cover the share you wish to purchase - Be able to afford to pay the remaining rent and bills etc. - Have enough saved to cover the mortgage and legal fees and any additional moving costs - Be registered on HomeChoice plus,
£ 140,000