Balmoral Drive, Bridgwater

SUMMARY
This stunning home is offered to the market on a shared ownership basis available from a 40% share. SHARED OWNERSHIP!


DESCRIPTION
The rare opportunity to be able to purchase plot 435 which is a 3 bedroom detached brand new shared ownership home, with two parking spaces. Situated on a sought after development.

Address - 34 Tamarisk Road ,Bridgwater
Open market - £305,000
45% share- £122,000
Rent - £419.38
Service charge - £24.92
Buildings Insurance - £15.64

GET IN TOUCH TODAY!

Allocation of the affordable dwellings for those who we consider are in housing need and unable to afford other accommodation in the locality suitable to their and their households needs and who meet the Local Connection requirement and must be considered as a qualifying person. This local connection applies to plots 454, 455, 456 and 457.

Westminster Walk 
Just a short drive from Bridgwater, this exciting development offers modern two and three bedroom homes in the popular Kings Down area. The M5 is close by for easy commuting.

What Is Shared Ownership? 
You buy an initial share in your new homes - usually between 25% and 75% - and you pay a discounted rent on the remaining share. The share you buy will be the most you can afford based on a financial assessment. Then, if your financial circumstances change, you can buy further shares as and when it is appropriate to you, and in most cases you can own your home outright.

It does not mean that you have to share your home with anyone! Not just for first time buyers!

You are not eligible to apply if you:
-Already own a home, or
-Are selling your current home but it is not yet under offer (sold subject to contract).

Basic shared ownership criteria:
-You cannot afford to buy a similar home on the open market.
-You do not have any County Court Judgements (CCJs) against you.
-Your household income does not exceed £80,000.
-You can afford the mortgage and deposit for the share you wish to purchase, or you have enough equity to buy the share.
-You do not own another property (if you do, it must be sold before completing on the shared ownership home).

About Livewest 
We own and manage over 40,000 homes across the South West, from Cornwall to Gloucestershire. We have ambitious plans to invest £1bn in the South West economy and to build 5,000 new homes in the region over the next five years.

This is part of LiveWest taking huge steps towards alleviating the region’s housing shortage, in an area of high housing need as well as high house prices which makes accessing housing particularly challenging for many families.

We take the time to listen to, understand and learn from our customers. We focus on thriving as a business and employer so we can deliver more homes and even better services.

We are a member of Homes for the South West, a group of the largest developing housing associations in the south west, making the case for investment in our region.

Local Connection 
The applicant must have lived in Somerset for at least the last 2 years, or three of the last five years or;
a) be employed in Somerset for a minimum of the last 3 months with an average of 16 hours a week, and that the applicant’s job requires them to work in, or travel to Somerset or;
b) needs to move to take up an offer of permanent employment of over 16 hours a week within Somerset and commuting to their new place of work from their existing home would be unreasonable or;
c) Have family connections in Somerset. Local Government Association guidelines define this as immediate family members (parents, siblings or non-dependent children) who have themselves lived in Somerset for the last five years and with whom there has been frequent contact, commitment or dependency or;
d) Demonstrate a need to move to Somerset to give or receive essential and critical medical or other support where significant harm would result if this were not provided.

Please Note 
We will endeavour to use the photographs and virtual tours of the actual property but may also show pictures/videos of the showhome, other plots on the development and/or computer generated images. Floorplan images may be handed. Reservation fee applies.


Lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.



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. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
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.