2 Bedroom Home – 50% Shared Ownership Opportunity

An excellent opportunity to purchase a well-presented two-bedroom home through the Shared Ownership Scheme, offering an affordable route onto the property ladder.

This attractive property provides comfortable and modern living accommodation, making it an ideal choice for first-time buyers, young professionals, couples, or small families looking to own their own home.

Located within easy reach of local amenities, schools, transport links, and recreational facilities, this property offers convenient and practical living in a desirable residential location.

Shared Ownership Details

This property is available on a 50% Shared Ownership basis with Torus.

Following acceptance of an offer, prospective purchasers will be required to:

• Complete a Shared Ownership Application Form with Torus.

• Complete an affordability assessment with Torus' independent financial advisor.

The affordability assessment will ensure that combined monthly mortgage and rent payments do not exceed 45% of the applicant's net monthly income. Regular overtime, bonus payments and applicable state benefits, including Universal Credit, may be considered as part of the assessment.

Please note:

• If a purchaser does not meet the affordability criteria, they will be unable to proceed with the purchase. The decision is final and cannot be appealed.

• Torus will notify both the vendor and purchaser once approval has been granted, allowing the sale to progress.

• All mortgage offers must be approved by Torus as part of the purchase process.

• Mortgages will normally only be approved where secured borrowing does not exceed 95% of the property's value. 100% mortgages will not normally be accepted.

• Shared Ownership properties must be occupied as the purchaser's main and principal residence and cannot be sublet.

Important Information: Torus does not deal directly with estate agents. All enquiries regarding the property should be made directly to the vendor.

For further information or to arrange a viewing, please contact the vendor directly.