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1 bedroom
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Affordable Home
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High Specification
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Fully fitted kitchen with stainless steel oven, gas hob and extractor hood
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Private off road parking
1 Bedroom House - Affordable Home (50% share of open market value)
The Caldew is an attractive one bedroom house with private parking. The entrance hall leads to the open plan lounge and fitted kitchen; completing the ground floor is a cloakroom and separate storage cupboard. Upstairs the spacious master bedroom enjoys a luxurious en-suite with walk-in shower and a second storage cupboard.
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. 50% is the maximum initial share but can be purchased for between 25% to 50% share. Rent payable on the remaining share.
Plot 16 – Caldew, One Bed House £55,000 (50% share of open market value)
ELIGIBILITY:
A local connection restriction applies, for more information contact our Sales Advisor Janet McEwan on
07826 844 006.
All applicants to apply to Oakmere Homes who will assess your eligibility for a part buy – part rent property, for more information call Janet McEwan on 07826 844 006.
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 our Sycamore Park development or call Oakmere on 015395 60605.
You must complete a ‘Help to Buy (North West) - Low Cost Home/Shared 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 50%, 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*
50% share of the open market value
>Property Price £165,000
>50% Share Value £82,500
>Rent on remaining share £189.06 per month
* 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 £298.00 pa apply. You must satisfy the eligibility criteria outlined above to qualify. For more details please speak to a Sales Advisor.
heylo admin fee £230.64/£19.22 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.
Floor Plans
Ground Floor
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Kitchen / Lounge (max)
5.10m x 4.25m
First Floor
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Master Bedroom (max)
4.09m x 3.04m
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En-suite (max)
2.92m x 1.09m
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.