1 bedroom mews
Key information
Features and description
- Chance to get on the property ladder
- Listing for Plot 27
- Discounted Market Sale
- One Bedroom Home
- Open Plan Kitchen/Living/Dining
- Double Bedroom and Separate Bathroom
- Off Road Parking
- Countryside Setting
- Easy travel links to Nottingham and Leicestershire.
What is the discounted market sale affordable homes scheme?
Discount Market Sale – also known as Council Shared Equity or a reduced market value scheme – is a low cost homeownership product where a new build property is purchased at a discounted price. This discount is usually 25%, with the scheme aiming to help buyers who live or work in the borough to get onto the property ladder.
As the property is discounted, housing costs are reduced significantly. Unlike Shared Ownership, there is no rent to pay on the remaining interest.
The full market price of £190,000 is discounted by 25% to the DMS price (Discounted market sale) you own 100% of the property and the home must be sold at 75% of market value if sold in the future.
Who is eligible?
You must have never owned a property before.
Income of no more than £80,000, joint or single.
Live or have local connections within 10 miles of the development.
Usually, a 10% Deposit is required upon exchange, and you will need to be qualified by our financial advisor prior to reserving.
Rooms
Entrance Hall
Living Area
Incorporates the Kitchen area
Kitchen Area
and living space
Landing
Bedroom
Bathroom
Disclaimer
haart Estate Agents also offer a professional, ARLA accredited Lettings and Management Service. If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
haart Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
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