2 bedroom house for sale
Park Halligey, Coverack, TR12 6TS
Share percentage 40.00%, full price £255,000, £5,100 Deposit.
Share percentage 40.00%, full price £255,000, £5,100 Deposit
Monthly Cost: £829
Rent £213,
Service charge £62,
Mortgage £554*
Calculated using a representative rate of 4.78%
Calculate estimated monthly costs
As part of your application for a shared ownership home at this Park Halligey, you are required to hold a local connection to one of the following Parishes: St Keverne, Grade Ruan, St Martin in Meneage, Manaccan and St Anthony in Meneage. The local connection requirements are outlined within a planning document issued by Cornwall Council called a “Section 106 Agreement”, which is unique to each new development.
Coastline Housing are responsible for approving your local connection and we will need to have all evidence of this before an offer of a property will be made.
To meet the local connection criteria for this scheme, you will need to meet one of the following:
a) Lived in one of the parishes mentioned above for a continuous period of at least 3 years immediately prior to advertising.
b) Formerly lived within one of the parishes mentioned above for a continuous period of 5 years.
c) Your place of work (16 hours or more a week and not including seasonal employment) has been within one of the parishes mentioned above for a period of at least 3 years immediately prior to advertising.
d) Have a connection through a close family member (mother, father, brother, sister, son or daughter) where the family member is currently a resident of the one of the parishes mentioned above and has been so for a continuous period of at least 5 years immediately prior to advertising.
*The local connection criteria does not apply if you are a serving or previously serving member of the regular armed forces or qualifying under any other clause of the Allocation of Housing (qualification criteria for armed forces) (England) regulations 2012.
**If there is still availability after 70 days of advertising, the local connection criteria cascades to the County of Cornwall.
Summary
Park Halligey - Apply Today
Description
We are pleased to invite applications for two shared ownership properties in Coverack.
Applicants with a local connection to the parish of St Keverne will be processed on a first-come, first-served basis. For details on the local connection criteria, please visit the eligibility page below.
If you have registered your interest through the coming soon listing on Share to Buy, you will have received an email from the Sales Team with our online application form and guidance on the next steps to complete your application.
Before applying for a shared ownership home with Coastline, please also ensure that you have read all of the shared ownership guides available on our homepage.
If you have not already done so, we encourage you to register your interest in the homes on Share to Buy. This will notify the team that you are interested in applying for a property. If there is still availability, we will contact you with our application form and information on the next steps you need to take to complete your application.
Designated Protected Area (DPA): The freehold will not transfer when you acquire 100% equity of the property. For more information, see the Key Information Document on Share to Buy.
Particulars
Tenure: Leasehold
Lease Length: 999 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Key Information Document Floor PlanMap
Material Information
Total rooms: 6
Furnished: Unfurnished
Washing Machine: No
Dishwasher: No
Fridge/Freezer: No
Parking: n/a
Outside Space/Garden: Yes - Private Garden
Year property was built: Enquire with provider
Unit size: 79 sq.m
Communal lift: No
Accessible measures: No
Flooded within the last 5 years: No
Listed property: No
Heating: Electric
Sewerage: Mains supply
Water: Mains supply
Electricity: Mains supply
Broadband: FTTP (Fiber to the premises)
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
- Service Charge: Covers maintenance and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 10%, full price £255,000, £1,275 Min Deposit. Calculated using a representative rate of 4.78%
