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" Own your first family home for less!

This 2 bedroom detached property is available to buy now on a shared ownership basis. You could afford to buy this family home with a 50% share costing just £57,500. Then you would own a modern, energy efficient home within three miles of Leeds City Centre.

Situated on the first floor, the property comprises a Living room with Kitchen off, a double and a single bedroom and a family bathroom. There are French doors in the living room which open onto a Juliet balcony. Below the property, there is a large single garage, providing off street parking.

Shared ownership enables you to buy a share in your new home and pay a subsidised rent on the remaining share. It does not mean that you have to share your home with anyone else. The monthly cost of owning a shared ownership home usually works out less than buying the home outright and in many cases the monthly costs are less than renting privately.

Buying a 50% share in this home would only cost you £57,500, but shares are available from 25% to 75% (depending on affordability). Once you have purchased a share you will have the option to purchase further shares up to 100%. The higher the share you own, the lower your rent will be ? until you own 100%, when there will be no rent to pay.
 

Shared ownership is normally aimed at first time buyers who are unable to buy a suitable
home on the open market, however; you may also be considered if you fall into the
following categories:

? Your household income is below £60,000 per year
? You are a serving member of the armed forces.
? You are currently renting a council or Housing association property
? You are in permanent employment or-
? Able to access savings or a mortgage (dependent on your circumstances)
? You are a previous homeowner who has had to sell due to say; a relationship breakdown
or your home no longer suits your needs / is in disrepair and the sale proceeds would
not generate enough to buy on the open market
? You need to move due to work or family commitments
? You are an existing shared owner whose family has grown and you need a larger property
 

Rent per month on 50% is £145  "