2 bedroom house for saleThe Mount, Levenshulme, M19
Sold STC £120,000
- Brand New Development
- Integrated Oven And Hob
- Help To Buy Scheme
- Flooring Included
- Reserve Your Plot Today
- 10 Year Labc Warranty
- 12 Plots Available
Full descriptionRESERVE YOUR PLOT TODAY... A BRAND NEW DEVELOPMENT OF PURPOSE BUILT APARTMENTS registered with the government backed Help to Buy scheme. We are pleased to announce the launch of Phase 4, The Mount, a stunning new residential development comprising of 12 apartments near to the A6 Stockport Road.
Location - Situated in the highly sought after area of Levenshulme
Stamp Duty Exempt - New savings on Stamp Duty
One of the highlights of the Chancellor's Autumn Statement, on 3rd December, was a radical change in the way Stamp Duty is charged on property transactions, which could cut thousands of pounds off the cost of moving into a brand new Redrow home.
How did it used to be?
The old Stamp Duty rates were charged in bands, which meant that as soon as you moved up a band, you paid the higher rate on the whole of your property purchase price. So if you bought a house worth £240,000, you'd pay just 1% tax on the whole price, or £2,400, but if you bought a house worth just £20,000 more, at £260,000, you'd pay 3% on the whole price, costing you £7,200 - that's three times as much.
New Stamp Duty Rates
New rates which will be paid per price band
Part of value up to
Part of value between
Help To Buy Scheme - Move up or move in with as little as a 5% deposit.
What is it?
Help to Buy is a government-backed scheme that helps you move into a new Redrow home with as little as 5% deposit.
Who is it for?
The 'Help to Buy Equity Loan' and 'Help to Buy Mortgage Guarantee' are available to everyone, whether you're a first time buyer or an existing homeowner who is looking to move up the property ladder.
How does it work?
Help to Buy Equity Loan - The Government will lend you up to 20% of the value of your new build Redrow home up to the value of £600,000 through an interest free equity loan for five years. This means you'll only need to secure a 75% mortgage with a 5% deposit. From February 2016 the upper limit for the equity loan is being increased from 20% to 40% in London. London buyers will still need to contribute at least 5% of the property price as a deposit but will only need to raise a 55% mortgage.
Help to Buy Mortgage Guarantee - The Government provides your mortgage lender with a guarantee of up to 15% of the property's value, meaning that lenders are able to offer higher loan to value mortgages. A 95% mortgage will need to be secured. The scheme is available in England and Wales on house purchases up to £600,000.
Open Plan Lounge -
Bedroom One -
En-Suite Shower Room -
Bedroom Two -
Allocated Parking - Secure parking with electronically operated gates
Reservation Fee -
Disclaimer - These particulars, whilst believed to be accurate are set out as a general guideline only or guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. Please note that we have not tested any apparatus, equipment, fixtures, fittings or services,including gas central heating* and so cannot verify they are in working order or fit for their purpose. Furthermore solicitors should confirm moveable items described in the sales particulars are, in fact, included in the sale since circumstances do change during marketing or negotiations. Although we try to ensure accuracy, measurements used in this brochure may be approximate. Therefore if intending purchasers need accurate measurements to order carpeting or to ensure existing furniture will fit, they should take such measurements themselves.
Photographs are reproduced general information and it must not be inferred that any item is included for sale with the property.
No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.
These particulars, whilst believed to be accurate are set out as a general outline only for guidanceand do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise asto their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.
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Disclaimer - Property reference 26322101. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Sanderson James, Levenshulme. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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