3 bedroom Property for sale,

Consett, County Durham, DH8

Local travel

Walking

Knitsley Farm Shop – Estimated 15 minutes

Golden Fish Inn – Estimated 4 minutes

Briardale local Post Office – Estimated 10 minutes

Driving

Newcastle upon Tyne – Estimated 40 minutes

Whitley Bay – Estimated 52 minutes

Derwent Reservoir – Estimated 19 minutes

Public Transport (Bus)

Durham – Estimated 31 minutes

Newcastle upon Tyne – Estimated 1 hour and 17 minutes

Stanhope, North Pennines– Estimated 1 hour and 9 minutes

Eligibility

You can apply to buy the home if both of the following apply:

Your household income is £80,000 or less.

You cannot afford all of the deposit and mortgage payments to buy a home that meets your needs.

One of the following must also be true:

You're a first-time buyer.

You used to own a home but cannot afford to buy one now.

You're forming a new household - for example, after a relationship breakdown.

You're an existing shared owner, and you want to move.

You own a home and want to move but cannot afford a new home for your needs.

If you own a home, you must have completed the sale of the home on or before the date you complete your shared ownership purchase.

You must have a good credit record. Your application will involve an assessment of your finances.

£10,750 (based on 10% deposit)

Reservation fee - £300

Shared Ownership Disclaimer

Shared Ownership is a great way to get onto the property ladder when you can’t afford to buy a home on the open market. Depending on what you can afford, this scheme allows you to buy a share of a new home, and pay a reduced rent on the remaining share. You can purchase a share of a property, typically between 25% and 75%, making it more achievable to get on the property ladder. To do this you'll only need to secure a mortgage for your share of the property, reducing the upfront costs and monthly payments. Once you’ve bought your Shared Ownership home you can choose to increase you share of the property and potentially own it outright.

Living Room

2 x 0

Kitchen

2 x 0

Dining Room

2 x 0

Bedroom 1

3 x 0

En Suite

1 x 0

Bedroom 2

2 x 0

Bedroom 3

2 x 0

Bathroom

1 x 0

Downstairs WC

0 x 0

IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We strive to ensure that our sales particulars are accurate and reliable. However, these particulars do not constitute or form part of an offer or contract and should not be relied upon as statements of representation or fact. Any services, systems, and appliances mentioned in this specification have not been tested by us, and we provide no guarantee regarding their operational capability or efficiency. All measurements are intended as a guide for prospective buyers only and are not exact.