The minimum household income requirement for this property is £30,419^.

If you will be obtaining a mortgage you will need at least £6,000 in savings (i.e. a 5% deposit).

In order to apply you must be registered with the local Help to Buy Agent - East and South East, https://www.helptobuyese.org.uk/apply-online. You will need to provide your HTB reference when completing the application process.

^If your deposit is more than 5% the minimum income requirements may be less. Please contact us for further details.

- Eligibility Requirements -

The minimum household income requirement for this property is £39,620 ^.

If you will be obtaining a mortgage you will need at least £9,000 in savings (i.e. a 5% deposit).

If you will be purchasing with a mortgage you must provide us with an Agreement in Principle (AIP) to support your application. Evidence in support of your AIP (or proof of funds if cash buyers) must also be provided. Further details available on request.

In order to apply you must be registered with the local Help to Buy Agent - East and South East https://www.helptobuyese.org.uk/apply-online. You will need to provide your HTB reference when completing the application process.

^If your deposit is more than 5% the minimum income requirements may be less. Please contact us for further details.

- Terms and Conditions -

***Applicants must have a local connection to Royston and be registered with East and South East. Priority is given to first time buyers. Current home owners must have a sale agreed to apply.***

- Viewings -

Viewings are held strictly by appointment - call today to arrange a mutually convenient time.

Applications are only accepted from those who have viewed the property. If you have viewed and would like to apply please register your interest with the Resales Team.

All applicants must have an up to date completed application with Help to Buy East and South East: www.helptobuyese.org.uk

All applicants will be required to complete an initial affordability assessment based on the property values once released for sale.

If we receive more applications than we have properties available, properties will be allocated in priority order which prioritises those who live, work and have a family connection to the area. Any MOD personnel will take first priority.

All applicants must have an up to date completed application with Help to Buy East and South East: https://www.helptobuyese.org.uk

All applicants will be required to complete an initial affordability assessment based on the property values once released.

If we receive more applications than we have properties available, properties will be allocated in priority order which prioritises those who live, work and have a family connection to the area. Any MOD personnel will take first priority.

You may be eligible for this property if:

• You are 55 or over.
• 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.

WHAT IS SHARED OWNERSHIP ?
Shared Ownership is a housing scheme designed to help homebuyers who are unable to afford the cost of buying a property outright on the open market. Properties may be sold off-plan or new build direct from housing associations, or pre-owned from existing shared owners. The rules and terms of the scheme are set by the Greater London Authority (GLA) in London and Homes England outside of London.

IS SHARED OWNERSHIP FOR YOU ?
The GLA and Homes England set the eligibility criteria for Shared Ownership, but broadly speaking you must:
 Not own another property in the UK or any other country.
 Have a household income that falls below £90,000 (£80,000 threshold outside the M25). Every property will have a minimum income level too, determined by its’ value, rent and service charge costs. In most cases you will need to meet or exceed the given minimum income.
 Have access to a minimum deposit of 10% of the share being purchased (a minimum deposit of 5% of the share being purchased may be acceptable depending on individual financial status).
 Be in full time permanent employment.
 Be a British, EU or EEA Citizen or have indefinite leave to remain in the UK.
 Have a good credit history.
If you are still unsure about Shared Ownership or would like more information view [ Facts and Frequently Asked Questions]

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.

Prices and Availability
Availability, prices, rent, service charge and any other details shown in the information above are subject to change without notice.

Mortgage Risk Warnings:
Your home may be repossessed if you do not keep up repayments on a mortgage or other loans secured on it.

Prices and Availability
Availability, prices, rent, service charge and any other details shown in the information above are subject to change without notice.

Mortgage Risk Warnings:
Your home may be repossessed if you do not keep up repayments on a mortgage or other loans secured on it.

Property elevations, images and specification may vary from plot to plot; individual features such as external features, windows, doors, heating and electrical may have changed from the details shown. Measurements provided are for guidance only and should not be used to select furnishing of fixtures.These details should be treated as a general guide only and cannot be relied upon as accurately describing any of the specified matters.

Development and Property details:
Thedevelopment and property details have been produced in good faith. They are a guide only and do not constitute any part of an offer or contract.

Mortgage Risk Warnings:
Your home may be repossessed if you do not keep up repayments on a mortgage or other loans secured on it.

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.