2 bedroom flat for sale
Moorhayes Park, Tiverton
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Call 0843 313 4832Key features:
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Full description:
SUMMARY
FIRSTBUY IS AVAILABLE ON THIS FLAT Plot 67 Price £124,950 Firstbuy Price £99,960 Plot 67 The Yeo is a first floor apartment with large open plan living room/kitchen, two bedrooms, bathroom and an allocated parking space. The property comes complete with a 10 year NHBC guarentee.
DESCRIPTION
FIRSTBUY IS AVAILABLE ON THIS FLAT Plot 67 Price £124,950 Firstbuy Price £99,960 Plot 67 The Yeo is a first floor apartment with large open plan living room/kitchen, two bedrooms, bathroom and an allocated parking space. The property comes complete with a 10 year NHBC guarentee.
First Buy Scheme
Worked examples based on a purchase price of £152,950 purchase price
You arrange your mortgage (76%) £94,962
Deposit (4%) £4,998
We arrange the equity (20%) £24,990
TOTAL PURCHASE PRICE £124,950
Devonshire Homes are delighted to announce that they have been successful in their application for the government funding for the FIRSTBUY shared equity scheme.
The scheme was announced by the government in the budget this year and will provide funding to help primarily first time buyers get onto the property ladder.
Under the FirstBuy scheme The Homes and Communities Agency and Devonshire Homes will each contribute 10%, which forms 20% shared equity, the purchaser will put down a 4% deposit leaving them 76% mortgage. The shared equity loan is for a 25 year period and is provided as a second charge. This is an interest free loan for the first five years after which a fee is charged (this starts at 1.75%, full details available on request).
Those eligible must meet the following criteria: Household income under £60,00; You are a first time buyer or a homeowner who needs to move because of a change in your circumstances (You must sell your existing property).
Priority will be given first time buyers, serving armed forces personnel and social tenants.
Development
Moorhayes Park is an established development that offers a home to suit all. Moorhayes Park can boast a full portfolio from one bedroom apartments through to four bedroom detached houses meaning there is a home to suit every budget and requirement (subject to current availability). Moorhayes Park has been designed to be sympathetic to the surroundings and you will find large areas of open space and historic Oak trees have been retained ensuring a rural feel is retained.
1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.
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