Plot 238 - 3 Bedroom Semi-Detached House *Under Application*

3 Bedroom Semi-detached house

The accommodation briefly comprises:

• Entrance Hall with stairs to 1^st floor
• Lounge to front with bay window
• Kitchen/Diner with oven, hob & hood & French doors to rear garden
• Downstairs WC
• Three bedrooms
• Bathroom with a shower over the bath
• Flooring/carpets throughout
• Turfed rear garden
• Parking for 2 vehicles

3 Bedroom £270,000 (100%)
40% share* £108,000 Rent = £371.25

Plus the following monthly charges:
Management Charge: £22.00
Buildings Insurance: £15.32
Estate Charge: £15.08

The Price advertised is for a 40% share, it is not the minimum or maximum that is available for purchase. Other shares are available upon request & will be based on affordability, proceed ability & sustainability.

There are opportunities to buy more shares to own 100% of the property in the future.

You may be eligible for Shared Ownership with Midland Heart if:

You have a gross household income of no more than £80,000 per annum.

You are unable to purchase a suitable home to meet your housing needs on the open market.

You do not already own a home or you will have sold your current home before you purchase.

You have cash funds to purchase an initial share or the ability to raise a mortgage for the share. You will need a minimum 5% deposit for a 95% mortgage.

Have been in continuous employment for at least 12 months (if you require mortgage).

If you are Self employed, you are able to provide 2 years full accounts.

You must be ready to proceed with a purchase in the next 12-15 weeks.

Have a good credit history* including:

• No outstanding CCJ’s or defaults that remain outstanding
• No history of rent arrears
• No Debt Management plans, IVA’s or bankruptcy that remains outstanding  

*If you decide to purchase a home with us, you will then be required to provide a Check My File credit report.

The best way to get in touch is to email sales@midlandheart.org.uk.
You can also call us on 0800 44 55 67.

To register an interest, please complete the ‘Register With Us’ form.

Shared Ownership is ideal for first time buyers, or anyone who qualifies, and cannot afford to buy outright to get onto the property ladder. It is great if you have limited savings, as you only need a deposit for the share you buy.

*The Price advertised is for our target share of 40% and is for illustration purposes only (to give an indication of the cost of purchase, rent, etc); it is not the minimum or maximum that is available for purchase. Other shares are available upon request & will be based on affordability, proceed ability & sustainability. There are opportunities to buy more shares to own 100% of the property in the future.

Buyers will be considered on first come first served basis (assuming affordability, proceed ability & sustainability checks are met). Buyers need to demonstrate maximum affordability which will be determined via a Mortgage advisor prior to any agreed sale.

Amount advertised is subject to change. An additional monthly rental charge applies that includes rent, buildings insurance, estate and management charge but excludes any mortgage payment.

^Any images/photographs shown are for illustrative purposes only & simply represent typical Midland Heart property at this location.

>Any Floor plan shown depicts a typical layout of this house type and are for illustrative purposes only. Properties may also be built ‘handed’ (mirror image) of those illustrated. Midland Heart reserves the right to alter and change certain aspects of a property – for exact plot specification please request a viewing.  These particulars do not form part of a contract or warranty.