Shared Ownership in Tweedmouth, Northumberland

2 bedroom Bungalow

£ 92,000

Equity share:25% / £ 23,000

Shared Ownership in Berwick upon Tweed, Northumberland- 2 bedroom Bungalow- £23,175- for 25% share

52 Sunnyside Mews, Berwick upon Tweed, Northumberland, TD15 2QJ

Shared Ownership

Shared Ownership is another way for you to buy your own home. You buy a percentage (between 40-75%) and pay a discounted rent on the rest. We own part of it, but it’s your home and depending on your lease, you can decide what to do with it and when to sell.

Buying a percentage means a smaller deposit and smaller mortgage, more importantly, it gets you on the property ladder sooner at a time that works for you and works in a way where you can buy shares to work towards owning 100% in the future. You’re in complete control.

 

Eligibility

Shared Ownership homes are aimed at first time buyers or those who used to own a home, but are unable to buy one at the moment. It’s a way to get your foot on the property ladder enabling you to buy your first home.
  • You are eligible if you have a household income that is less than £80,000 per year (in London it is less than £90,000).
  • You don’t have to get a massive deposit because you will only need a mortgage for the share you are buying.
  • The share of a property typically starts at 25% which you can take out a mortgage for, although the amount of share available to buy will be dependent on the housing provider.
  • In addition, you may be required to pay a reduced rent as well as a mortgage.
Are you interested in this shared ownership property? Please fill in the form and we will get back in touch. Thank you.

Property listed on MovingSoon.co.uk by Johnnie Johnson Housing - Sales.

Please make sure you include a contact number and email address as well as quoting Property ID (#82865) when submitting your enquiry.

  • First Time Buyer
  • Garden
  • Help to Buy
  • Parking

52 Sunnyside Mews, Tweedmouth, Berwick-upon-Tweed, UK, TD15 2QJ

Overall Property Price
£ 92,000
Shared Ownership Amount From
25% / £ 23,000
Rental Price
£ 158.13 per month / 36.52 per week
Estimated Monthly Service Charge
£ 1
ID
82865
Type
Bungalow
Contract
Shared Ownership
Tenure
Leasehold
Location
Northumberland / Tweedmouth
Bathrooms
1
Bedrooms
2
Energy Rating
Unknown
Date Listed
Estimated Available From Date
Now
Property Views
239

Contact Johnnie Johnson Housing - Sales about:

Shared Ownership in Tweedmouth, Northumberland

2 bedroom Bungalow

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