Southern Housing - Glengall Rise Shared Ownership

Southern Housing terms and conditions apply. Shared Ownership - terms and conditions apply. All applicants are subject to qualifying criteria and status. Minimum and maximum share values apply, and rent is payable on the unsold share typically set at 2.75%. Please speak to a member of our Sales Team for more details.Prices are based on a valuation carried out by a RICS-qualified surveyor (valuations are subject to review at least every three months). The monthly rent is calculated as a percentage of the value of the share that you do not purchase.Development names are marketing names only and may not be the designated postal address, which may be determined by The Post Office.The specification is the anticipated specification but may be subject to change as necessary and without notice. Any photographs or computer-generated images are indicative of the quality and style of the specification and may not represent the actual fittings and furnishings at the development.Floor plans are intended to give a general indication of the proposed floor layout only. Dimensions, which are taken from the indicated points of measurement are for guidance only and are not intended to be used to calculate carpet sizes, appliance space, or items of furniture. Total areas are provided as gross internal areas and are subject to varianceIn accordance with Consumer Protection from Unfair Trading Regulations 2008, these details and images have been prepared with due care, however, the information contained therein is intended as a preliminary guide only. The images displayed are taken at the development and intended for illustrative purposes only and should be treated as general guidance only.No assumption should be made in respect of parts of the property not shown in photographs.Total areas are provided as gross internal areas and are subject to variance. Reference to appliances and/or services does not imply that they are in working order or tested.Our homes are allocated to those in line with government priorities. Top priority is given to qualifying Armed Forces personnel. Unless any other priority agreements are in place, homes will be allocated on a first come first basis. Further details of our Selection and Allocation policy are available on request. When we process applications, we are obliged to follow a priority-based allocation process. We have information available on request regarding our priority system, and HCA or GLA guidelines are available online.Reservations are subject to a £500 reservation payment, which will be taken once eligibility and affordability are preliminarily confirmed. We reserve the right to review the property prices quoted until the reservation payment has been taken. Once the payment is taken, we will complete a full and thorough assessment to verify your affordability and eligibility, via an appointed Specialist Mortgage Broker. Up until this assessment is complete we reserve the right to allow your application to proceed. After the full assessment is completed, your reservation payment is non-refundable once your application is acceptedThe information provided does not constitute or form part of an offer or contract, and provides a general outline for the guidance of intending purchasers or lessees, and does not constitute in whole or in part an offer or a Contract. No statement in these particulars is to be relied upon as a statement or representation of fact. Reasonable endeavours have been made to ensure that the information given in these particulars is correct, but any intending purchaser or lessee should satisfy themselves by inspection and surveys, and your solicitor by searches and enquiries as to the correctness of each statement.Neither Southern Housing nor anyone in its employment or acting on its behalf has authority to make any representation or warranty in relation to this property.'The mortgage rate is based on a 90% repayment loan over 30 years at an interest rate of 5% (this assumes you will be paying a 10% deposit). This figure is a guide only - you must obtain advice from a qualified advisor.Service charges are estimated figures and may be subject to change. All purchases are subject to the successful completion of a financial assessment.The reservation fee is non-refundable. Southern Housing will retain the full reservation fee paid if the purchase of the reserved home is cancelled by the purchaser after solicitors have been instructed.Your home is at risk if you do not keep up repayments on a mortgage, rent or other loans secured on it. The market value of your home can go down as well as up.