**SHARED EQUITY OPPORTUNITY**BRAND NEW 3 BEDROOM HOUSE** Be quick to avoid disappointment as these opportunities are very rare. Accommodation. comprises; hall, cloaks/wc, kitchen, lounge/diner, 3 bedrooms, family bathroom, off road parking for 3 vehicles and a private rear garden.

SUMMARY
**SHARED EQUITY OPPORTUNITY**BRAND NEW 3 BEDROOM HOUSE** Be quick to avoid disappointment as these opportunities are very rare. Accommodation. comprises; hall, cloaks/wc, kitchen, lounge/diner, 3 bedrooms, family bathroom, off road parking for 3 vehicles and a private rear garden.


DESCRIPTION
***SHARED EQUITY OPPORTUNITY***BRAND NEW 3 BEDROOM HOUSE**** Make one of these brand new Redrow built 3 bedroom properties your home and ease the burden on your pocket with this shared equity opportunity. Interior accommodation briefly comprises; entrance hallway, ground floor cloaks/wc, fitted kitchen with integrated oven, hob & cooker hood, lounge/diner with french doors out to the rear garden, 3 bedrooms and a family bathroom. To the outside you will fine off road parking for 3 vehicles and a private rear garden.

(Please note the advertised price is the 70% share value. You would own 100% of the property and a legal charge would be held on the remaining 30% with no rent or interest payable on the equity share. (subject to qualifying criteria).

For further information on this scheme or to book a viewing please contact our Caerphilly office.

Hallway 
Central heating radiator, under-stairs storage cupboard, panelled doors to ground floor accommodation, stairs leading to first floor.

Cloaks/wc 
Fitted with a white 2 piece sanitary suite comprising low level w/c & wall mounted wash basin with tiled splash back, central heating radiator, opaque double glazed window to front.

Lounge 15' 3" x 10' 9" max ( 4.65m x 3.28m max )
A bright reception room with double glazed French doors and windows leading out to the rear garden, central heating radiator, TV point.

Kitchen / Diner 15' 3" x 8' 2" ( 4.65m x 2.49m )
Fitted with an contemporary range of base and eye level units with work surfaces incorporating a single stainless steel sink and drainer with mixer tap, integrated oven & grill beneath and electric hob with extractor over, central heating radiator, double glazed window to front, spaces for further appliances and dining table.

1st Floor Landing 
Double glazed window to side, central heating radiator, loft access to ceiling, storage cupboard housing central heating boiler, doors to 1st floor rooms

Bedroom One 14' 8" x 8' 5" max ( 4.47m x 2.57m max )
Double glazed window to rear, central heating radiator.

Bedroom Two 11' 5" x 8' 5" ( 3.48m x 2.57m )
Double glazed window to front, central heating radiator.

Bedroom Three 8' x 7' 6" ( 2.44m x 2.29m )
Double glazed window to rear, central heating radiator.

Family Bathroom 
Fitted with a white three piece sanitary suite comprising panelled bath with shower above, pedestal wash basin and low level w/c. tiled splash backs to wet areas, electric shaver point, extractor fan, opaque double glazed window to front, central heating radiator.

Outside 
To the front can be found tarmacadam driveway providing off road parking for 3 vehicles, pathway to front door, side pedestrian access to rear garden.

To the rear and side is the enclosed garden bounded by panelled timber fencing with paved patio and side pathway.

Shared Equity Explained 
This scheme is in partnership with the local authority to assist first time buyers* who want to get onto the property ladder but cannot meet the full cost of buying their first home.

Homes under the schemes are offered to buyers at 70% of the open market value. You would own the property outright but a legal charge will be held by the housing association on the remaining 30% equity share. You would only need to raise a mortgage/deposit for the 70% and no interest or rent would be payable on the 30% equity share.

Successful applicants will need to demonstrate by way of a mortgage in principal that they are able to finance 70% of the property value. A deposit of between 5% and 15% would still normally be required by mortgage companies.

Buying a property through the scheme will still incur the normal costs associated with buying a property on the open market including valuation, mortgage and survey fees, legal fees and stamp duty.

Who Is Eligible 
To be eligible for the LCHO (Low cost home ownership) scheme applicants must::-
- be over 18 years of age
- be a UK or EU / EEA passport holder or have ‘Indefinite Leave to Remain’ stamped in their passport
- Have a local connection to Caerphilly County Borough Council (eg. living or working in the county borough)
- be a first time buyer*
- able to meet the long term financial commitment of home ownership

*A first time buyer for this scheme is viewed as a person/s that have never owned a property (mortgaged or un-mortgaged) before, never jointly or part owned a property, or never had a name on a mortgage or title deeds. Consideration however will be given, on a case by case basis, to applicants who are first time buyers in their own right, where a property may previously have been owned jointly, but is now sold, for example as a result of a divorce.

When is the 30% Equity re-paid 
There is no timeframe in which you are required to repay the 30% share. You may do this via staircasing (redeeming your 30% share), or when you choose to sell your home and will be payable at the market rate at the time.



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. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 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 PETER ALAN NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.