This 2 bedroom bungalow has recently become avaliable on the second hand market. The property comprises of fitted kitchen, conservatory, modern bathroom with a fitted shower, 2 allocated parking spaces, good size back garden.
Example Costs
What you will pay
Type
Value
50% Purchase
Asking Price
Mortgage Repayment*
Rent PCM
Total Monthly Payment
7 Limes Road
£145,000
£72,500
£
£116.44
£
*Based on a repayment mortgage over 25 years @ 6.75%
The figures shown in the above table are a guide only. Mortgage repayments may vary depending on the particular mortgage product chosen and personal circumstances. For more detailed advice you should contact an Independent Financial Advisor.
Disclaimer
These particulars are set out as a general outline only for guidance of intending purchasers and do not constitute a part of, an offer or contract. All descriptions, dimensions, references to conditions and necessary permission for use and occupation and other details are given having (for the purpose of the Property Misdescriptions Act 1991) taken all reasonable steps to avoid committing an offence. Nonetheless such statements do not constitute any warranty or representation by the Vendor. It is the responsibility of any intending Purchaser to satisfy himself as to the basis upon which they make an offer. The making of any offer of this property will be taken as an admission by the intending Purchaser (a) that they have relied solely upon their own judgment and (b) to the extent that they have not personally verified the information in these particulars) they have noted and accepted the qualification and disclaimer set out above and (c) that in entering into any contract pursuant to any such offer, they shall have relied solely upon their own inspection and enquiries and the terms of such contract. Nothing in these particulars or any related discussions forms part of any contract unless expressly incorporated within a subsequent agreement.
Am I Eligible?
Am I eligible?
As long as you have a local connection to North Norfolk and no more than 30% of your monthly household income would cover the total monthly payments of rent and mortgage, you could be eligible to buy this shared ownership home.
You will need to be approved by Orbit First Step for shared ownership (New Build Homebuy scheme)
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