A LIMITED NUMBER OF PROPERTIES ARE BEING MADE AVAILABLE FOR SHARED OWNERSHIP ON THIS NEW DEVELOPMENT. BUILT BY MILLER HOMES THESE BRAND NEW PROPERTIES ARE SITUATED IN A SUPERB LOCATION WITH GOOD PROXIMITY TO LOCAL AMENITIES. S106 LOCAL OCCUPANCY PLANNING CONDITION APPLIES. The Weir is a traditional stone faced two bedroom mid terrace property with modern open kitchen/diner, sitting room and two double bedrooms. A modern family bathroom and enclosed rear garden with allocated parking. Shared ownership can be a great opportunity for someone currently in rented accommodation or living with family and friends, and who wants to get on the property-owning ladder. These properties are being made available to purchase from an initial 25% share with a future option to purchase further shares up to and including 100% ownership. Full market value is £230,000.
- New build property
- Two bedrooms
- Enclosed rear garden
- Driveway parking
- Modern open plan kitchen/diner
- Contemporary family bathroom
- Downstairs W.C.
- EPC Rating B
- 25% Shared ownership
- S106 Applies for Local Occupancy
As a place to live, Embsay is a particularly popular village. As well as a local everyday store, there is a primary school, church, two public houses, hairdresser and a modern village hall where the strong local community organises a wide range of activities. Embsay is situated two miles north east of the historic market town of Skipton with its wide range of shopping, educational and recreational amenities, and the village borders wonderful Yorkshire Dales National Park countryside, including Embsay Reservoir and the spectacular Black Park above Eastby where there are beautiful walks across the bracken and heather moorland.
Miller homes have developed a superb site with an excellent variety of properties, a selection of which have been purchased by Incommunities Housing so that they can offer home ownership to people whose incomes or savings don't quite stretch to being able to purchase fully on the open market. 25% shared ownerships are available with most major lenders able to offer mortgages if needed.
All properties have gas fired central heating and double glazed throughout and is described in brief below using approximate room sizes:-
SITTING ROOM 15' 1" x 9' 05" (4.6m x 2.87m) Window to the front allowing for plenty of natural light. Staircase to the first floor. Radiator.
KITCHEN/DINER 15' 01" x 9' 05" (4.6m x 2.87m)MAX A spacious kitchen/diner with space to fit a large dining table and door to the rear garden. Fitted wall and base units with single sink unit and integrated Zanussi electric oven with four ring gas hob and extractor hood. Space for a fridge/freezer and washing machine. Handy built in storage cupboard. Radiator.
WC White two piece suite with low level WC and hand basin. Radiator.
LANDING Access to loft space.
BEDROOM ONE 15' 01" x 8' 05" (4.6m x 2.57m) Light and airy room with two windows to the front. Radiator.
BEDROOM TWO 15' 01" x 9' 01" (4.6m x 2.77m) Window overlooking the rear garden. Radiator.
BATHROOM 7' 09" x 7' 01" (2.36m x 2.16m) Contemporary style bathroom with white three piece suite comprising bath with overhead shower; hand basin; low level WC. Grey part tiled walls. Extractor fan. Radiator.
OUTSIDE To the front of the property there is allocated parking.
To the rear of the property is a secure garden laid mainly to lawn and patio seating area.
PLEASE NOTE The extent of the property and its boundaries are subject to verification by inspection of the title deeds. The measurements in these particulars are approximate and have been provided for guidance purposes only. The fixtures, fittings and appliances have not been tested and therefore no guarantee can be given that they are in working order. The internal photographs used in these particulars are reproduced for general information and it cannot be inferred that any item is included in the sale.
CHARGES The rent on the unpurchased share is £395.31 per calendar month. There is an estate charge of £177.08 or £148.80 per year depending of the property type. There is also a management charge of £100.00 per annum for Incommunities plus £50.00 per annum for the buildings insurance. All purchasers are expected to maximise the share purchased and this will be evaluated through an affordability assessment.
SHARED OWNERSHIP Shared ownership is available to you when:-
-Your household earns less that £80,000 per year
-You are a first time buyer or used to own a home but cannot afford to buy one now
-Able to obtain a mortgage and/or savings for your share (deposits are typically 5-10% although may be higher in certain circumstances)
-Your income is sufficient to cover the mortgage (if applicable), rent and service charges
-Savings (or access to) £2,500 to cover the fees of buying your property plus the deposit.
-Have access to a minimum 5% deposit
Further details on shared ownership are available, please ask for information or download the pdf link at the foot of the descriptive details online.
TENURE The properties will be leasehold until an owner purchases the full 100% share. On 100% ownership the property will then become freehold.
VIEWING & PURCHASING PROCEDURE Prior to viewing, all interested parties should complete an initial application and eligibility form by going online at www.helptobuyagent1.org.uk. Help to Buy Yorkshire will confirm if your application has been approved. Following approval you are free to contact Dale Eddison and arrange to view. Please note that properties are allocated on a 'first come first served' basis and that a £500 non-refundable reservation fee is required to secure a particular property (this will be deducted from the final price upon completion).
Please note - with the current Covid 19 viewing guidelines, for the safety of our clients, customers and staff we ask that only two people attend a viewing at any one time. We politely request that all viewers wear protective gloves and a face mask or form of face covering.
FINANCIAL SERVICES Dale Eddison Limited and Linley and Simpson Sales Limited are Introducer Appointed Representatives of Mortgage Advice Bureau Limited and Mortgage Advice Bureau (Derby) Limited who are authorised and regulated by the Financial Conduct Authority. We routinely refer buyers to Mortgage Advice Bureau Limited. You can decide whether you chose to deal with Mortgage Advice Bureau Limited. Should you decide to use Mortgage Advice Bureau Limited, Linley and Simpson Sales Limited will receive a payment of £347.50 from Mortgage Advice Bureau Limited for recommending you to them.
MONEY LAUNDERING, TERRORIST FINANCING AND TRANSFER OF FUNDS REGULATIONS 2017 Money Laundering Regulations (Introduced June 2017). To enable us to comply with the expanded Money Laundering Regulations we are required to obtain identification from prospective buyers once a price and terms have been agreed on a purchase. Buyers are asked to please assist with this so that there is no delay in agreeing a sale. Please note the property will not be marked as sold subject to contract until appropriate identification has been provided.
DIRECTIONS Leaving Skipton on the A6131/High Street follow this road until the left hand turn to Embsay and the Cornerfields development is on the left hand side.