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2 bedrooms
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Affordable Home - (25% to 75% Share)
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Fully fitted kitchen with oven, hob and extractor hood
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Luxury specification featuring: Johnson-Tiles, Chrome heated towel rail and Oak veneered doors
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Block paved driveway / private off-road parking
2 Bedroom House - Affordable Home - (25% to 75% Share)
An attractive two-double bedroom semi-detached house with private parking. The ground floor comes with fitted kitchen, cloakroom and spacious lounge with dining area and access to the private patio and enclosed rear garden. Upstairs enjoys a spacious master bedroom, a good sized second bedroom and luxurious family bathroom.
All our homes come with a two-year Oakmere warranty, plus a 10 year insurance-backed warranty, giving you peace of mind that your new Oakmere home has been built to the highest standard. So you can invest in an Oakmere home with total peace of mind.
Home Reach, part buy – part rent
Apply now for an affordable new home being sold on a part buy – part rent basis through Home Reach. 75% is the maximum initial share but can be purchased for between 25% to 75% share. Rent payable on the remaining share.
Plot 22 – Rothay, Two Bed Semi-Detached House £245,000 (£122,500 50% share of open market value)
Plot 23 – Rothay, Two Bed Semi-Detached House £240,000 (£120,000 50% share of open market value)
ELIGIBILITY:
A local connection restriction applies, for more information contact our Sales Advisor Joanne Harrison on
07917 869 370.
All applicants to apply to Oakmere Homes who will assess your eligibility for a part buy – part rent property, for more information call Joanne Harrison on 07917 869 370.
Your income and capital will be subject to a means test.
Applicants who can afford open market prices need not apply.
HOW TO APPLY:
You must complete a ‘Shared Ownership’ application form. These are available from Oakmere Homes Sales Office located at The Paddocks development or call Oakmere on 015395 60605.
You must complete a ‘Help to Buy (North West) - shared ownership/’affordable Home Ownership’ application form. This can be found on the Help to Buy website: - www.helptobuynw.org.uk
Should there be more eligible applicants than properties available priority will be given to those who have previously registered an interest via our website and who are in a position to proceed.
How Does Home Reach, part buy – part rent work?
Home Reach allows you to buy an initial share in a new home, ranging from 25% to 75%, depending on what you can afford. heylo will own the share you do not purchase, this remaining share is subject to rent which is payable monthly to heylo via direct debit.
Ownership Example*
Buy 50% share of the open market value
>Property Price £200,000
>50% Share Value £100,000 (Mortgage: £95,000 / 5% Deposit £5,000)
>50% Rent on remaining share £230.00 per month
>Household income required: £26,000
* figures above are based on 2.75% rent and will be subject to a Building Insurance payment, amount to be confirmed. All part buy – part rent properties are sold leasehold, if you staircase to 100% the part buy – part rent lease will fall away and the property will revert back to freehold**.
Management charges of £398.00 pa apply. You must satisfy the eligibility criteria outlined above to qualify. For more details please speak to a Sales Advisor.
heylo admin fee £250.56/£20.88 pm - Building Insurance between £80-140 pa
This scheme allows you to buy a share in a home today with the option to buy more of it in the future so you can eventually ‘staircase’ to 100% ownership.
**Tenure: Freehold will be handed across where possible. Council Tax Band: Rothay Estimated Band B.
Floor Plans
Ground Floor
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Kitchen
2.16m x 3.23m
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Lounge/Diner (max)
4.59m x 5.59m
First Floor
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Master Bedroom
4.59m x 2.99m
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Bedroom 2 (max)
4.59m x 2.48m
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Bathroom
1.90m x 2.15m
Specification
Specification relates to the majority of plots and is dependant on house type design. Choices are subject to build stage. The images shown are for illustration purposes only and may be of other house types. Whilst every care is taken to ensure accuracy of information contained in this brochure, we cannot take responsibility for any error or misdescription and we reserve the right to alter or amend designs and specifications without prior notice. The information contained herein is for guidance only and does not form part of any contract or warranty. External finishes may vary from those shown and any dimensions given are approximate and sizes may vary from those indicated. Properties may be built handed (mirror image). External materials, landscaping, garage and window positions may vary to suit the location of individual homes. Elevational treatments may vary to those shown, please speak to our New Homes Advisor for the details regarding individual plot specifications.
Specification relates to the majority of plots and is dependant on house type design. Choices are subject to build stage. The images shown are for illustration purposes only and may be of other house types. Whilst every care is taken to ensure accuracy of information contained in this brochure, we cannot take responsibility for any error or misdescription and we reserve the right to alter or amend designs and specifications without prior notice. The information contained herein is for guidance only and does not form part of any contract or warranty. External finishes may vary from those shown and any dimensions given are approximate and sizes may vary from those indicated. Properties may be built handed (mirror image). External materials, landscaping, garage and window positions may vary to suit the location of individual homes. Elevational treatments may vary to those shown, please speak to our New Homes Advisor for the details regarding individual plot specifications.
Specification relates to the majority of plots and is dependant on house type design. Choices are subject to build stage. The images shown are for illustration purposes only and may be of other house types. Whilst every care is taken to ensure accuracy of information contained in this brochure, we cannot take responsibility for any error or misdescription and we reserve the right to alter or amend designs and specifications without prior notice. The information contained herein is for guidance only and does not form part of any contract or warranty. External finishes may vary from those shown and any dimensions given are approximate and sizes may vary from those indicated. Properties may be built handed (mirror image). External materials, landscaping, garage and window positions may vary to suit the location of individual homes. Elevational treatments may vary to those shown, please speak to our New Homes Advisor for the details regarding individual plot specifications.
Specification relates to the majority of plots and is dependant on house type design. Choices are subject to build stage. The images shown are for illustration purposes only and may be of other house types. Whilst every care is taken to ensure accuracy of information contained in this brochure, we cannot take responsibility for any error or misdescription and we reserve the right to alter or amend designs and specifications without prior notice. The information contained herein is for guidance only and does not form part of any contract or warranty. External finishes may vary from those shown and any dimensions given are approximate and sizes may vary from those indicated. Properties may be built handed (mirror image). External materials, landscaping, garage and window positions may vary to suit the location of individual homes. Elevational treatments may vary to those shown, please speak to our New Homes Advisor for the details regarding individual plot specifications.