1/11
£1,120pcm
The Morley
Please note:
- Applicants must be in full time employment with a minimum of 6 months employment with current employer (if it’s a joint application, we will accept if 1 out of the 2 applicants are employed full time).
- Total household income must not exceed £60,000 per annum (this includes any benefits income)
- Applicants must have less than £6,000 total savings
- Applicants must not own another property
- If self-employed, applicants must have a minimum of 2 years of accounts.
- No guarantors are accepted.
A three bedroom semi-detached house available on the Rent to Buy scheme with Futures Housing Group.
The tenancy is an Assured Shorthold Tenancy, but as the home is designated as ‘Rent to Buy’ you can continue to rent the home (provided you continue to follow the terms of the tenancy) for up to five years.
The property is let at 80% of market rent to allow you time to save towards a deposit.
At any point after the first 12 months and up to the end of the five-years you can apply to purchase the home through the shared ownership product. The market value being determined by a Royal Institute of Chartered Surveyors (RICS) valuation. Futures Housing Group will cover the cost of the valuation.
At the end of the five-year period, you can also buy the home outright, again at a price determined by a RICS valuation.
Should you opt not to purchase by the end of year five, Futures Housing Group have the ability under the Rent to Buy scheme to serve notice and request you vacate the home, so the property can be relet or sold on the open market.
The Welford Road development is accessed from the Welford Road (A5199) near the Windhover public house and enjoys a picturesque location alongside the Brampton Valley Way.
It is perfectly situated close to Kingsthorpe with its excellent retail offering including a number ofsupermarkets, restaurants and take-aways.
The beautiful Brixworth Country Park is close by giving you the chance to stretch your legs or jump on a bike and the golf course at Brampton Heath also adds to your sporting options.
Northampton Town Centre is just three miles away giving access to a wider range of retail options together with entertainment and leisure facilities.
The motorway network via the M1 and the M6 is within easy reach together with the A14 and A6 giving access to Cambridge and Leicester respectively. Train stations in Northampton, Market Harborough, Kettering and Wellingborough also provide excellent access to the rail network.
