Shared Ownership in Berwick upon Tweed, Northumberland- 2 bedroom Bungalow- £23,175- for 25% share
52 Sunnyside Mews, Berwick upon Tweed, Northumberland, TD15 2QJ
25% share for £23,175.00
2 bedroom terraced bungalow on the outskirts of Berwick upon Tweed. Situated in an elevated position overlooking the historic town, offering beautiful views of the surrounding countryside. These fantastic homes are situated in a sought after location on a popular residential estate close to the Swan Centre. Benefitting from double glazing and gas central heating as well as private rear gardens and off-road parking. No age restrictions apply.
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.
EligibilityShared 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.
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
- Help to Buy
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
- Shared Ownership
- Northumberland / Tweedmouth
- Energy Rating
- Date Listed
- Estimated Available From Date
- Property Views
Contact Johnnie Johnson Housing - Sales about:
Shared Ownership in Tweedmouth, Northumberland
2 bedroom Bungalow