Baird Avenue, Forest Town, NG19

- PROPERTY TYPE
Detached
- BEDROOMS
3
- BATHROOMS
2
- SIZE
Ask agent
Key features
- - 50% Shared Ownership
- - Three Bedrooms
- - Kitchen/Diner
- - Downstairs WC
- - Ensuite Shower Room
- - Driveway & Garage
- - Landscaped Gardens
- - Beautifully Presented
Description
Shared Ownership Information
With Shared Ownership~, you buy a share of your Gleeson home and pay a monthly rent on the part you don’t buy. Your budget will decide the size of the share you buy, making homeownership more accessible.
Shared Ownership is a practical mix of renting and buying; all designed to get you moving faster. Our Shared Ownership offering makes the house buying process affordable and accessible for everyone, whether you are a first-time buyer or have owned a home before.
How does it work?
Depending on which Shared Ownership scheme you use, you can purchase your share in either cash savings or by taking out a mortgage. For the remaining share, you will pay rent to a landlord, who will grant you a long-term lease. This means you will be able to live in the home as if you’ve bought it outright, enjoying all the amazing benefits of homeownership.
In instances where the seller is selling for less than 100% then the buyer must meet certain eligibility criteria as defined by Homes England. The criteria are:
· Total household income must be under £80,000 (£90,000 in London)
· All buyers must be at least 18 years old
· All buyers must meet the Homes England affordability and sustainability assessments (see the Homes England calculator guidance for further information)
· All buyers must be first time buyers or not currently own a home suitable for their housing needs
· All buyers must not own another property anywhere in the world (or be selling their current residence)
· All buyers must have good credit history and pass Heylo’s credit check (for more information on our credit criteria, please visit heylohousing.com)
· Self-employed buyers must be able to provide 2-years evidence of their income
· Buyer(s) must purchase the maximum share they can reasonably afford within the parameters of the Homes England calculator
· Buyer(s) are expected to use any savings and assets towards the purchase of their home, which may mean selling assets such as bonds, shares, land and any other financial investments
· Buyer(s) must have a minimum 5% deposit towards the share they are purchasing
· Buyer(s) may retain a portion of their savings to cover the costs of purchase and moving home (typically up to £5,000)
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: B
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Baird Avenue, Forest Town, NG19
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Visit our security centre to find out moreDisclaimer - Property reference RX504656. 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 Staton & Cushley, Mansfield. 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.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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