Thornford Road, Yetminster, Sherborne, DT9

£112,500

Guide price

  • Bedrooms: 2
SUMMARY

LAST 2 BEDROOM REMAINING! A fantastic opportunity to purchase a brand new 2 bedroom home. Up to £1,000 towards your legal fees*!

DESCRIPTION

The rare opportunity to be able to purchase a 2 bedroom mid-terrace brand new shared ownership home, with allocated parking. Situated on a sought after development in the popular village of Yetminster

Price Shown is for a 50% share (£225,000 full value).

Up to £1,000 towards your legal fees:

Terms and conditions-This offer is only available on the shared ownership homes at Upbury Grange, Yetminster

The offer applies to those customers who reserve between 24 June 2020 to the 31 July 2020.

To qualify for this offer you must appoint a solicitor from Magna Housing's panel as they are experienced with shared ownership and will help speed up the process. You need to send us your solicitors final invoice so we can arrange payment of up to £1,000. Any outstanding balance will be your responsibility. Please note: the offer covers all costs associated with the legal process of buying the home which could include legal fees (including vat) and disbursements. This offer cannot be used in conjunction with any other offers. Prices and details are correct at time of publication.

Location

Upbury Grange is located in the desirable village of Yetminster which has easy access to both Sherborne and Yeovil. There is a great range of local amenities including a primary school, food stores and a 16th century pub

About The Developer

Magna Housing is a medium-sized, independent housing company which works with local communities to help people solve their housing problems and make their housing dreams come true, overwhelmingly in the counties of Dorset and Somerset.

What Is Shared Ownership?

You buy an initial share in your new homes - usually between 25% and 75% - and you pay a discounted rent on the remaining share. The share you buy will be the most you can afford based on a financial assessment. Then, if your financial circumstances change, you can buy further shares as and when it is appropriate to you, and in most cases you can own your home outright.

It does not mean that you have to share your home with anyone! Not just for first time buyers!

Eligibility

To be eligible to purchase a shared ownership property, you must:

Have a gross household income of under £80,000

Not own property, or part of a property, at the time of completing on your purchase (although you may apply for shared ownership whilst you are in the process of selling or discharging you interest in another property)

Have a good credit history

Have enough savings or access to sufficient funds to put towards the deposit and other purchasing costs, such as legal and moving costs

Be registered and confirmed eligible for shared ownership by Help to Buy. Find out more https://www.helptobuyagent3.org.uk

Ongoing Monthly Costs

Shared ownership makes buying your home more affordable but there are still costs to be aware of. In addition to these costs you'll also need to think about the on-going costs of ownership like Council Tax and utility bills, but don't worry, your Independent Financial Adviser can help you budget for these. Monthly rental cost at a 50% share of £257.81. Service charge to be confirmed.

Please Note

We will endeavour to use the photographs and virtual tours of the actual property but may also show pictures/videos of the showhome, other plots on the development and/or computer generated images. Floorplan images may be handed. Reservation fee applies.

Lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.

3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.

4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.

5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Arrange viewing 01935 321227

Fox & Sons - Yeovil

14 Princes Street, YEOVIL, Somerset

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