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Readwald Drive

Readwald Drive
Readwald Drive
**50% SHARED OWNERSHIP** . Available early 2020. Includes four bedrooms, off road PARKING, DINING KITCHEN with OVEN & HOB. An affordable way to BUY YOUR OWN HOME in stages.
50% Shared Ownership semi -detached houses for £95,000 being built by Dukeries Homes.

Monthly rent on remaining share is £217.71. There will be a monthly service charge to pay of £37.71. There is no ground rent to pay.

Shared ownership is another way to buy your own home. You buy a percentage, and pay rent on the rest. The housing association owns part of it — but you’re living there, you decorate it, and you decide when to sell.

Buying a percentage means a smaller deposit and smaller mortgage. It’s a sooner first step on the ladder for lots of people. Usually, you can also carry on buying shares, to own it 100%.

Households earning less than £80,000 a year, first time buyers and previous homeowners who need help to buy are eligible to apply

How to Apply

If you would like to apply, please complete an application form for Shared Ownership through Help to Buy Midlands and London. You can do this by visiting their website and selecting 'Apply'.

Your affordability will be assessed based on the information you provide on the application form. NCHA will make an offer based on the amount you can afford, between 50 - 75%. If your application is successful a non-refundable reservation fee of £350 is required to reserve your new home, this amount goes towards you deposit on completion.

The properties are sold on a 125 year shared ownership lease.

House Specification
* A selection of contemporary wall and base units
* Integrated stainless steel gas hob, electric oven
* Extractor Hood
* Vinyl Flooring

* White bathroom suite
* Vinyl Flooring

* Gas central heating combi boiler
* Double glazing
* Downstairs cloakroom with w/c and wash-hand basin

* Enclosed turfed rear gardens to houses
* Off street allocated parking

PEA rating: B