Semi-detached house for sale in Medley Close, Halwill Junction EX21

These two and three bedroom houses are an ideal opportunity to get on to the property ladder with Hastoe. This property is being sold under the shared ownership scheme whereby you purchase a share in the property and pay a reduced rent on the remaining Hastoe equity.

Plot 21 EPC = B86

Plot 29 EPC = B88

Plot 30 EPC = B89

Property features:
Allocated parking
Private garden
Fitted kitchen
Double glazing
Air source heat pump
Downstairs WC

Costs:
Plot 21:
Full market price: £242,500
Minimum share: 30%
Share value: £72,750
Monthly rent: £389.01
Estimated service charge: £42.01

Plot 29:
Full market price: £215,000
Minimum share: 30%
Share value: £64,500
Monthly rent: £344.90
Estimated service charge: £41.75

Plot 30:
Full market price: £205,000
Minimum share: 30%
Share value: £61,500
Monthly rent: £328.85
Estimated service charge: £ 38.82

Purchase Requirements:
Be eligible for the shared ownership scheme.
Demonstrate you meet the minimum income requirements.
Demonstrate a deposit sufficient to obtain a mortgage for the property.
Have a local connection to the area.

Apply online via the Hastoe sales website
What is shared ownership?
Shared ownership is a scheme designed to help those who wouldn’t otherwise be able to purchase a home of their own. This may be because you can’t meet the full mortgage repayments, save a sufficient deposit, or both. With shared ownership, you buy a percentage of your home and pay a reduced rent on the share you don’t own

How does shared ownership work?
You will buy a percentage share of a home, independently priced at market value. Hastoe will charge you rent on the share you don’t own plus a service charge. This service charge covers things like buildings insurance and estate maintenance.

About Hastoe:
Hastoe owns and manages over 7,500 homes in 70 local authority areas. Our properties are predominantly rural and we specialise in providing sustainable and affordable rural housing to enable local people to remain within their communities.