£52,500

Material Information

Buying shares that are affordable.

Before you can apply to buy a shared ownership home with Severn Homes part of Homes Plus, you will need to undertake a no-obligation, initial financial assessment with a financial advisor to ascertain the maximum share you can afford and what deposit you will need.

Initial Financial Assessment- Are you eligible?
We work closely with 'The Mortgage People' (TMP) they will help you complete the initial financial assessment.
You can get a free 'Initial Assessment’ by following visiting tmpmortgages.co.uk/assessment/ or calling 0800 488 0814.
TMP are open, Monday to Friday 9am-5pm or via “Live Chat” until 8pm weekdays and between 10am-4pm on a Saturday.
TMP will email us the outcome of your initial financial assessment based on your preferred development and plot.
A member of our sales team will then contact you to confirm the outcome of the initial assessment and advise you of the next steps.

Note:

The free initial financial assessment is essential whether you're applying for a mortgage or purchasing your shares outright with cash.
This will show you what share you can afford to apply for and is free.
There may be a charge when you proceed to apply for a full mortgage.
For more information on the “Steps to buying a shared ownership home” with us please see https://www.severnhomes.co.uk/steps-to-buying-a-shared-ownership-home/.

First Come, First Served.
Properties are sold on a first come, first served basis. Therefore, to avoid missing out, don't delay, apply today.
The house we are offering has not been funded by Homes England. So no application will be given priority and all applications will be considered on a first come, first serve basis.

Viewings may not be available straight away and until the initial financial assessment has been passed.

If there is anything else we can help with, please do not hesitate to contact our sales team Monday to Friday 8.30-5pm via Sales@SevernHomes.co.uk. 

For viewings please call Dourish and Day estate agents on 01785 223344.

Note:

• Additional information is available in the Key Information Document 1 & 3. Key Information Document 2 will be issued before the reservation fee is paid.
• A financial assessment is required for those requiring a mortgage and cash purchasers.
• Minimum Starting Share is 25%.
• This home is sold under a Protected Area Shared Ownership lease. You can increase your share up to 100%, however the property cannot be owned outright in the usual freehold sense. If ownership goes above 80% and you later sell, the lease requires the home to be sold back to the landlord or a nominated housing association rather than on the open market.
• Shares advertised are a guide, having a financial assessment will show what share you can afford and will need to apply for
• More information about stair-casing can be found at https://www.gov.uk/shared-ownership-scheme/buying-more-shares-staircasing.

More information about shared ownership can be found at https://www.gov.uk/shared-ownership-scheme.

Severn Homes is part of the Homes Plus Group. Please visit our website at www.severnhomes.co.uk

Total rooms:

Furnished: Unfurnished

Washing Machine: No

Dishwasher: No

Fridge/Freezer: No

Parking: Yes - Off Street

Outside Space/Garden: Yes

Year property was built: 2018

Unit size: Enquire with provider

Communal lift: No

Accessible measures: No

Heating: Central

Sewerage: Mains supply

Water: Mains supply

Electricity: Mains supply

Broadband: Cable

Tenure: Leasehold

Lease Length: 99

Council Tax Band: B