Shared Ownership in Biggleswade, Bedfordshire 1 bedroom Flat

  • £150,000

    Equity share: 50% / £75,000

United Kingdom, SG18 0, Biggleswade, Cooks Way
For Sale Shared Ownership

Shared Ownership in Biggleswade, Bedfordshire 1 bedroom Flat

United Kingdom, SG18 0, Biggleswade, Cooks Way
  • £150,000

    Equity share: 50% / £75,000

Overview

  • Flat
  • Property Type
  • 1
  • Bedroom
  • 1
  • Bathroom

Description

**PLEASE NOTE, AS PER THE TERMS OF THE SHARED OWNERSHIP LEASE, A RENT REVIEW WILL TAKE PLACE IN APRIL 2023.  THIS MEANS THE CURRENT ADVERTISED RENT AND SERVICE CHARGE IS SUBJECT TO CHANGE**

 

  • Rarely available property, ideal for first time buyers
  • Quiet and desirable Cul-de–sac location
  • Close proximity to Town Centre, Train Station and Local Leisure facilities

·Good links to A1

As this property is a flat, please note that as a result of building safety regulations, some lenders are requiring certain properties to have a completed EWS1 form. An EWS1 (External Wall System) form provides independent assurance that your building meets the requirements of the Government’s latest standards.

Unfortunately, we have seen that some lenders may still wish to request this information even though it is not a legal requirement. Stonewater do not have an EWS1 in place for all buildings and should a mortgage lender require this, any purchase may be impacted. If an EWS1 is requested, whether one is required or not, Stonewater are committed to providing as much information as possible to satisfy a lenders request for an EWS1. We suggest you speak with a financial advisor before proceeding.

Further information about EWS1 and Stonewater’s position can be found at https://stonewaterhomes.co.uk/government-guidance-changes-for-EWS1

 

Viewings

The seller is currently accepting viewings and if you would like to arrange a viewing, please contact the seller on the details below.

Seller Name: Damien Johnson

Seller Contact Details: Tel: 07590558537

Email: drifter87@gmail.com

As a shared ownership home, you will need to be eligible for Shared Ownership and be registered with Help to Buy. For further information on registering with Help to Buy, please visit https://www.helptobuy.gov.uk/shared-ownership/ and follow the link to your local agent. Please take note of the minimum income, £23,283and minimum deposit £6250 for this property.

If you make a successful offer to the seller after your viewing, they will let us know and we will then be able to refer you for a financial assessment with an Independent Financial Advisor. This is compulsory for all Shared Ownership purchases and does not interfere with any mortgage arrangements you have already made. They will complete an assessment but you are not obliged to use them afterwards to arrange your mortgage, but can if you wish.

 

  • Address United Kingdom, SG18 0, Biggleswade, Cooks Way
  • City Biggleswade
  • County Bedfordshire
  • Postal Code SG18 0GY

Details

Updated on February 3, 2023 at 9:22 am
  • Property ID: MS-104232
  • Rental Amount Per Month: £162/Month
  • Bedroom: 1
  • Bathroom: 1
  • Property Type: Flat
  • Property Status: For Sale, Shared Ownership
  • Estimated Monthly Service Charge (£): 51
  • Value Of The Equity Share: 50% / £75,000
  • Overall Property Value: £150,000
  • Tenure: Leasehold

Contact Stonewater Homes Resales about: Shared Ownership in Biggleswade, Bedfordshire 1 bedroom Flat

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