ELIGIBILITY:
To be eligible for this property you must be earning a household income of at least £44,316 with a deposit of £14,575 and live or work in the Milton Keynes authority area.

LOCATION:
The property is located in Bletchley in the Borough of Milton Keynes. The property is located within a modern estate which is located to the South of Bletchley. The house is surrounded by properties of similar age, style and character. All usual shops and amenities are within proximity. The closest train station is Bletchley. Near to Newton Leys School, Asda supermarket, Takeaways, Dry Cleaners, Hairdressers, Newton Leys Pavilion Community Centre, The Turing Keys Pub & Restaurants. Close to A5 & MK1 shopping centre and it has two lakes to enjoy a walk. Exceptionally large garden.

SHARED OWNERSHIP:
The scheme allows you to purchase the specified share of the property price, and pay a reduced rent on the share you do not own. You will have the opportunity to buy further shares (subject to affordability) at a later date
As a shared owner you will be an assured tenant until you own 100% of the shares for the property after which you will own the leasehold interest.

Sale Price and Equity
Full market value:£265,000Monthly net rent:£280.65
Share available:55%Monthly service charge:£30
Share price:£145,750
The rent review is every April. Quoted rental figures are based on the 2019/20 financial year

You may be eligible for this property 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 or rent.

There are some general eligibility requirements that anyone wishing to buy a Shared Ownership home must meet.The general eligibility criteria for Shared Ownership is as follows:

• Must have a live/work connection to Aylesbury Vale
• You must be at least 18 years old
• Outside of London your annual household income must be less than £80,000
• In London your annual household income must be less than £90,000
• You should generally be a first time buyer, i.e. you don’t already own a home. If you do already own, you must be in the process of selling it
• You should not be able to afford to buy a home suitable for your housing needs on the open market
• You must show you are not in mortgage or rent arrears
• You must be able to demonstrate that you have a good credit history (no bad debts or County Court Judgements) and can afford the regular payments and costs involved in buying a home

Please contact our sales team for eligibility criteria as this may differ with each development.

There are some general eligibility requirements that anyone wishing to buy a Shared Ownership home must meet.The general eligibility criteria for Shared Ownership is as follows:

• Must have a live/work connection to Aylesbury Vale
• You must be at least 18 years old
• Outside of London your annual household income must be less than £80,000
• In London your annual household income must be less than £90,000
• You should generally be a first time buyer, i.e. you don’t already own a home. If you do already own, you must be in the process of selling it
• You should not be able to afford to buy a home suitable for your housing needs on the open market
• You must show you are not in mortgage or rent arrears
• You must be able to demonstrate that you have a good credit history (no bad debts or County Court Judgements) and can affordthe regular payments and costs involved in buying a home

Please contact our sales team for eligibility criteria as this may differ with each development.

There are some general eligibility requirements that anyone wishing to buy a Shared Ownership home must meet.The general eligibility criteria for Shared Ownership is as follows:

• Must have a live/work connection to Aylesbury Vale
• You must be at least 18 years old
• Outside of London your annual household income must be less than £80,000
• In London your annual household income must be less than £90,000
• You should generally be a first time buyer, i.e. you don’t already own a home. If you do already own, you must be in the process of selling it
• You should not be able to afford to buy a home suitable for your housing needs on the open market
• You must show you are not in mortgage or rent arrears
• You must be able to demonstrate that you have a good credit history (no bad debts or County Court Judgements) and can afford the regular payments and costs involved in buying a home

Please contact our sales team for eligibility criteria as this may differ with each development.

There are some general eligibility requirements that anyone wishing to buy a Shared Ownership home must meet.The general eligibility criteria for Shared Ownership is as follows:

• Must have a live/work connection to Aylesbury Vale
• You must be at least 18 years old
• Outside of London your annual household income must be less than £80,000
• In London your annual household income must be less than £90,000
• You should generally be a first time buyer, i.e. you don’t already own a home. If you do already own, you must be in the process of selling it
• You should not be able to afford to buy a home suitable for your housing needs on the open market
• You must show you are not in mortgage or rent arrears
• You must be able to demonstrate that you have a good credit history (no bad debts or County Court Judgements) and can afford the regular payments and costs involved in buying a home

Please contact our sales team for eligibility criteria as this may differ with each development.

There are some general eligibility requirements that anyone wishing to buy a Shared Ownership home must meet.The general eligibility criteria for Shared Ownership is as follows:

• Must have a live/work connection to Aylesbury Vale
• You must be at least 18 years old
• Outside of London your annual household income must be less than £80,000
• In London your annual household income must be less than £90,000
• You should generally be a first time buyer, i.e. you don’t already own a home. If you do already own, you must be in the process of selling it
• You should not be able to afford to buy a home suitable for your housing needs on the open market
• You must show you are not in mortgage or rent arrears
• You must be able to demonstrate that you have a good credit history (no bad debts or County Court Judgements) and can affordthe regular payments and costs involved in buying a home

Please contact our sales team for eligibility criteria as this may differ with each development.

There are some general eligibility requirements that anyone wishing to buy a Shared Ownership home must meet.The general eligibility criteria for Shared Ownership is as follows:

• Must have a live/work connection to Aylesbury Vale
• You must be at least 18 years old
• Outside of London your annual household income must be less than £80,000
• In London your annual household income must be less than £90,000
• You should generally be a first time buyer, i.e. you don’t already own a home. If you do already own, you must be in the process of selling it
• You should not be able to afford to buy a home suitable for your housing needs on the open market
• You must show you are not in mortgage or rent arrears
• You must be able to demonstrate that you have a good credit history (no bad debts or County Court Judgements) and can affordthe regular payments and costs involved in buying a home

Please contact our sales team for eligibility criteria as this may differ with each development.

There are some general eligibility requirements that anyone wishing to buy a Shared Ownership home must meet.The general eligibility criteria for Shared Ownership is as follows:

• Must have a live/work connection to Aylesbury Vale
• You must be at least 18 years old
• Outside of London your annual household income must be less than £80,000
• In London your annual household income must be less than £90,000
• You should generally be a first time buyer, i.e. you don’t already own a home. If you do already own, you must be in the process of selling it
• You should not be able to afford to buy a home suitable for your housing needs on the open market
• You must show you are not in mortgage or rent arrears
• You must be able to demonstrate that you have a good credit history (no bad debts or County Court Judgements) and can afford the regular payments and costs involved in buying a home

Please contact our sales team for eligibility criteria as this may differ with each development.

There are some general eligibility requirements that anyone wishing to buy a Shared Ownership home must meet.The general eligibility criteria for Shared Ownership is as follows:

• Must have a live/work connection to Aylesbury Vale
• You must be at least 18 years old
• Outside of London your annual household income must be less than £80,000
• In London your annual household income must be less than £90,000
• You should generally be a first time buyer, i.e. you don’t already own a home. If you do already own, you must be in the process of selling it
• You should not be able to afford to buy a home suitable for your housing needs on the open market
• You must show you are not in mortgage or rent arrears
• You must be able to demonstrate that you have a good credit history (no bad debts or County Court Judgements) and can affordthe regular payments and costs involved in buying a home

Please contact our sales team for eligibility criteria as this may differ with each development.

There are some general eligibility requirements that anyone wishing to buy a Shared Ownership home must meet.The general eligibility criteria for Shared Ownership is as follows:

• Must have a live/work connection to Aylesbury Vale
• You must be at least 18 years old
• Outside of London your annual household income must be less than £80,000
• In London your annual household income must be less than £90,000
• You should generally be a first time buyer, i.e. you don’t already own a home. If you do already own, you must be in the process of selling it
• You should not be able to afford to buy a home suitable for your housing needs on the open market
• You must show you are not in mortgage or rent arrears
• You must be able to demonstrate that you have a good credit history (no bad debts or County Court Judgements) and can affordthe regular payments and costs involved in buying a home

Please contact our sales team for eligibility criteria as this may differ with each development.

There are some general eligibility requirements that anyone wishing to buy a Shared Ownership home must meet.The general eligibility criteria for Shared Ownership is as follows:

• Must have a live/work connection to Aylesbury Vale
• You must be at least 18 years old
• Outside of London your annual household income must be less than £80,000
• In London your annual household income must be less than £90,000
• You should generally be a first time buyer, i.e. you don’t already own a home. If you do already own, you must be in the process of selling it
• You should not be able to afford to buy a home suitable for your housing needs on the open market
• You must show you are not in mortgage or rent arrears
• You must be able to demonstrate that you have a good credit history (no bad debts or County Court Judgements) and can afford the regular payments and costs involved in buying a home

Please contact our sales team for eligibility criteria as this may differ with each development.

There are some general eligibility requirements that anyone wishing to buy a Shared Ownership home must meet.The general eligibility criteria for Shared Ownership is as follows:

• Must have a live/work connection to Aylesbury Vale
• You must be at least 18 years old
• Outside of London your annual household income must be less than £80,000
• In London your annual household income must be less than £90,000
• You should generally be a first time buyer, i.e. you don’t already own a home. If you do already own, you must be in the process of selling it
• You should not be able to afford to buy a home suitable for your housing needs on the open market
• You must show you are not in mortgage or rent arrears
• You must be able to demonstrate that you have a good credit history (no bad debts or County Court Judgements) and can afford the regular payments and costs involved in buying a home

Please contact our sales team for eligibility criteria as this may differ with each development.

There are some general eligibility requirements that anyone wishing to buy a Shared Ownership home must meet.The general eligibility criteria for Shared Ownership is as follows:

• Must have a live/work connection to Aylesbury Vale
• You must be at least 18 years old
• Outside of London your annual household income must be less than £80,000
• In London your annual household income must be less than £90,000
• You should generally be a first time buyer, i.e. you don’t already own a home. If you do already own, you must be in the process of selling it
• You should not be able to afford to buy a home suitable for your housing needs on the open market
• You must show you are not in mortgage or rent arrears
• You must be able to demonstrate that you have a good credit history (no bad debts or County Court Judgements) and can afford the regular payments and costs involved in buying a home

Please contact our sales team for eligibility criteria as this may differ with each development.

There are some general eligibility requirements that anyone wishing to buy a Shared Ownership home must meet.The general eligibility criteria for Shared Ownership is as follows:

• Must have a live/work connection to Aylesbury Vale
• You must be at least 18 years old
• Outside of London your annual household income must be less than £80,000
• In London your annual household income must be less than £90,000
• You should generally be a first time buyer, i.e. you don’t already own a home. If you do already own, you must be in the process of selling it
• You should not be able to afford to buy a home suitable for your housing needs on the open market
• You must show you are not in mortgage or rent arrears
• You must be able to demonstrate that you have a good credit history (no bad debts or County Court Judgements) and can affordthe regular payments and costs involved in buying a home

Please contact our sales team for eligibility criteria as this may differ with each development.

There are some general eligibility requirements that anyone wishing to buy a Shared Ownership home must meet.The general eligibility criteria for Shared Ownership is as follows:

• Must have a live/work connection to Aylesbury Vale
• You must be at least 18 years old
• Outside of London your annual household income must be less than £80,000
• In London your annual household income must be less than £90,000
• You should generally be a first time buyer, i.e. you don’t already own a home. If you do already own, you must be in the process of selling it
• You should not be able to afford to buy a home suitable for your housing needs on the open market
• You must show you are not in mortgage or rent arrears
• You must be able to demonstrate that you have a good credit history (no bad debts or County Court Judgements) and can affordthe regular payments and costs involved in buying a home

Please contact our sales team for eligibility criteria as this may differ with each development.

There are some general eligibility requirements that anyone wishing to buy a Shared Ownership home must meet.The general eligibility criteria for Shared Ownership is as follows:

• Must have a live/work connection to Aylesbury Vale
• You must be at least 18 years old
• Outside of London your annual household income must be less than £80,000
• In London your annual household income must be less than £90,000
• You should generally be a first time buyer, i.e. you don’t already own a home. If you do already own, you must be in the process of selling it
• You should not be able to afford to buy a home suitable for your housing needs on the open market
• You must show you are not in mortgage or rent arrears
• You must be able to demonstrate that you have a good credit history (no bad debts or County Court Judgements) and can affordthe regular payments and costs involved in buying a home

Please contact our sales team for eligibility criteria as this may differ with each development.

• Your annual household income can be no more than £80,000.
• You should be unable to purchase a home suitable for your needs without assistance.
• You cannot be a current home owner (or be named on the deeds of another property).
• You must not have any outstanding credit issues (i.e. unsatisfied defaults or county court judgments).

To be eligible to purchase a Shared Ownership home

• Your annual household income can be no more than £90,000
• You should be unable to purchase a home suitable for your needs without assistance.
• You must not have any outstanding credit issues (i.e. unsatisfied defaults or county court judgments).
• You must be a first time buyer. If you already own a home and need to move but cannot afford to, please contact us. There may be some circumstances under which you could be eligible.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

• 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 costs for the property as a whole and communal areas
• Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.

NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.

Shared Ownership Resales: Also known as part buy part rent on second hand homes, with this affordable home ownership scheme you purchase a share of the property and rent the remainder from the housing provider.

Shared Ownership New Build: Also known as part buy part rent, with this affordable home ownership scheme you purchase a share of a brand new property and rent the remainder from the housing provider. The price shows the minimum share available, and the size of the share you purchase will depend on what you can afford.

Affordable housing scheme: Intermediate Rent (pay a discounted rent)

Affordable housing scheme: Rent to Save (pay a discounted rent).

Rent to save is designed to enable aspiring home-owners to move into the home they have chosen, even if they have not yet been able to save a sufficient mortgage deposit. As the rent will be at a lower than market rate, you will be able to save throughout the period of your tenancy.

Affordable housing scheme: Over-55s Shared Ownership

For people aged 55 or over who are otherwise unable to afford to buy a home suitable to their needs. The scheme is similar to Shared Ownership and enables you to buy a 75% share of the home or apartment.

Affordable housing scheme: Your Home

Turn any freehold property into part-buy-part-rent with Your Home. You simply need 10% cash deposit on the full purchase price, there’s no need for a mortgage and you can buy more or move at any time plus added benefits. To find out more contact Heylo via the property page

Affordable housing scheme: Discount Market Sale

Discount Market Sale (DMS) is a low cost home ownership product where a new build property is purchased at a discounted price. This discount is usually around 20% and the scheme is to help low and middle earners get onto the property ladder.

Affordable housing scheme: Help to Buy equity loans (100% ownership but with a 20% equity loan)

Buy a new home on an approved new build development with assistance from the Government in the form of an equity loan. The equity loan is interest free for the first five years.

Affordable housing scheme: Help to Buy equity loans (100% ownership with a 40% equity loan)

Buy a new home on an approved new build development with assistance from the Government in the form of an equity loan. The equity loan is interest free for the first five years.

Affordable housing scheme: Discount Full Ownership (100% ownership at a discount)

Affordable Housing Scheme: London Help to Buy equity loan (100% ownership with up to 40% loan)

Borrow up to 40% of the purchase price from the Government with the London Help to Buy scheme. You would only need a 5% deposit and your mortgage would make up the rest.