*2 bedroom house available from £71,250. This is based on purchasing the minimum 25% share, with a full market value of £345,000, with an initial monthly rent of £489.84pcm to pay on the 75% share you don’t own.
3 bedroom houses are available from £86,250. This is based on purchasing the minimum 25% share, with a full market value of £345,000, with an initial monthly rent of £592.97pcm to pay on the 75% share you don’t own.
Monthly service charge estimate is £36.83.
Eligibility conditions apply.
Local applicants will have priority for this scheme
Prices and projected handover dates are for guidance only and are subject to change
The 25% example above shows the minimum share available. Applicants will be means tested to confirm the share they purchase and are required to purchase the maximum affordable %
Successful applicants will have a maximum of 28 days ** to exchange contracts following VIVID’s solicitor issuing the contract pack. You must then complete on the purchase within a maximum 5 days of either exchange of contracts or following handover from the developer
** or if all legal paperwork and the mortgage offer is in you must complete the sale.
I was thinking of moving, as house prices were getting too expensive. But shared ownership with VIVID has meant I could get a place of my own and get on the property ladder.
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Here are the estimated energy efficiency ratings
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