Alder Avenue, Humberston, Grimsby, Lincolnshire, DN36

Humberston Meadows is a charming development consisting of 2, 3 and 4 Bedroomed Homes located in the village town of Humberston.

About Shared Ownership -

On the popular shared ownership scheme you are able to purchase a share of the house and then pay the housing Association (Longhurst Group) rent on the remaining share which has not been purchased. There is then the option to purchase further shares until you own 100% in the future, this is a process called staircasing.

To qualify for Shared Ownership, you must meet the following criteria:
- Your annual gross household income is less than £80,000.
- Unable to purchase a suitable property for your housing needs on the open market.

If your application is successful a reservation fee of £250 is required securing the property to the accepted applicant for a period of 8 weeks.

Shared Breakdown

Please find examples of share amounts available provided shares are available subject to criteria and eligibility from 40% - 75%


*** 40%- purchase price £90,000 - rental amount payable including all charges £355.00

***50% - purchase price £112,500 - rental amount payable including all charges £303.43

***60% - purchase price £135,000 rental amount payable including all charges £251.87

***70% - purchase price £157,500 - rental amount payable including all charges 200.31

***Full property value is - £225,000

Total prices include rent, buildings insurance, service charge and management charge.
This payment will need to be paid in addition to monthly mortgage payments where applicable.
Charges are reviewed annually every April.

- Photographs

Please note - These photos are CGI images and are for general guidance only.


COUNCIL TAX

This property is a new build and is currently incomplete meaning the council Tax Banding has not yet been allocated.

EPC

This property is a new build and is currently under construction meaning no EPC rating can be given at this current time.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.

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