ESTATE AND LETTING AGENTS FOR HALL GREEN, BIRMINGHAM, SHIRLEY & SOLIHULL
IN THIS PROPERTY
Offers Over £86,000
A NEW BUILD TWO BEDROOM SHARED OWNERSHIP (MINIMUM 40%) end terrace property.Please note that you can purchase a higher share than advertised, but you must be able to purchase at least the minimum 25%. Purchase price for 40% is £86,000 with £326.87 monthly rent (including buildings insurance, service charge and management charge). NB; PROPERTY IS IN THE PROCESS OF BEING BUILT, SO THERE ARE NO VIEWINGS AVAILABLE.
As part of the process you will need to prove eligibility by completing an application form online;
https://www.helptobuyagent2.org.uk/apply-onlineWhen completing the application form expect to receive a response between 3-5 Days. You will be issued with a reference number and please tick the box stating Citizen Housing Group. If you are accepted please call us and quote your reference number. We will then put you directly in touch with the seller to proceed with the purchase.
You will need to source your own mortgage (though we can provide help with this) and purchase one of the properties in shares. The minimum purchase share of a property is 25%. You will pay a rental figure of 2.75%* of the remaining share that Citizen Housing owns. You are able to buy bigger shares initially or you can buy more shares in the future. This is called ‘staircasing’.
EXPECTED HANDOVER DATE; WINTER 2020
*Subject to change
IN PDF FORMAT
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