TwoCan, Newent
This listing was posted on TwoCan, Newent (via ListedBuy).
£78,400
2 bedroom house for sale in Anderton Road, Carkeel, Saltash, PL12
Price:
£78,400
Summary:
New 2024
Location:
Tideford, Cornwall
Description:
New Build Shared ownership property in the popular town of Saltash Properties due to handover January 2024 How Does Shared Ownership Work? - If you bought a home on the open market, you would agree a purchase price through an estate agent. Then you would take out a mortgage to cover the total purchase price of the property minus any deposit you might have available. With Shared Ownership, the price of the property is fixed at the open market value, as backssed by a qualified valuer. You borrow just enough to cover the share you are buying. This is referred to as equity share. The equity share amount will be an amount that you can afford, as set out under government guidelines. The total monthly cost of the sale, plus your mortgage, will be lower than the monthly cost if you bought the property outright with a mortgage. For legal reasons, while you are only buying a part-share of the property, you will have a leasehold interest of 990 years where the scheme allows. However, you may buy further shares. This is called ‘staircasing’, and may eventually progress to outright ownership. Shared Ownership Information New Ahp - Shared ownership is a part buy part sale property from a registered landlord You purchase a share with the help of a mortgage based on your affordability. Example of costs based on a Share of: 32 % Open Market Value: £245000 Rent per month: 347.08 Service Charges per month: 27.07 The more you buy the lower your sale will be. These costs will increase each year with inflation. Property Description - Ground floor Lounge - 3.59 x 3.49 m Kitchen/ dining - 2.92 x 4.42 m First Floor Bedroom 1 - 4.60 x 3.48 m Bedroom 2 - 4.60 x 2.96 m Bathroom - 1.86 x 2.18 m Total floor area 78m2 Artists Impressions - All images are used for. Still available at ListedBuy!
Posted:
February 1 on ListedBuy
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More About this Listing: 2 bedroom house for sale in Anderton Road, Carkeel, Saltash, PL12
2 bedroom house for sale in Anderton Road, Carkeel, Saltash, PL12 is a 2024 Vehicle for Sale in Tideford CON. Find other listings by searching for 2024 Cars and Vehicles in Plymouth on Oodle Classifieds.
2 bedroom house for sale in Anderton Road, Carkeel, Saltash, PL12 is a 2024 Vehicle for Sale in Tideford CON. Find other listings by searching for 2024 Cars and Vehicles in Plymouth on Oodle Classifieds.