Resale

A well presented three bedroom semi detached property with parking, situated in a popular area within the desirable town of Hexham. A 50% share to be sold under the shared ownership scheme.

A 50% share of this property is to be sold under the shared ownership scheme with Bernicia. The shared ownership scheme is ideal for first time buyers who would not normally be able to purchase a suitable property outright on the open market. A well presented three bedroom semi detached house situated in a popular area within the market town of Hexham. The property comprises of an entrance hall with downstairs WC, open plan living/dining room with electric fire leading into a kitchen with newly fitted modern high gloss units incorporating a black granite sink and drainer with integral appliances including an oven with electric hob, fridge freezer along with plumbing for a washing machine. A door from the kitchen leads out into a small garden with patio area and decking. A staircase leads up to the first floor where there are two double bedrooms and one single bedroom, with one of the double bedrooms benefitting from built in wardrobes. The main bathroom is fitted with a panelled bath with overhead shower, WC and wash hand basin set within a vanity unit. Externally to the front of the property there is a driveway with parking for one car. At the rear of the property there is a patio area with small garden, decking and a shed.

Living Room

4.40m x 3.84m

Dining Area

2.94m X 2.06m

Kitchen

2.94m x 2.66m

Bed 1

3.66m x 2.69m

Bed 2

3.75m X 2.57m

Bed 3

2.37m x 2.12m

Key Features

  • Three bedrooms
  • Modern kitchen and bathroom
  • Driveway parking
  • Convenient location
  • 50% share to be sold

Shared Ownership

This scheme offers brand new homes for sale on a part buy / part rent basis and aims to help people who cannot initially afford to buy a suitable home outright. It allows you to purchase a property at shares between 25% and 75%. The share you purchase is funded by you - if you need a mortgage which you will arrange this with a bank or building society. The remaining share is rented from Cheviot Homes.

Shared Ownership Eligibility

Shared Ownership is aimed at helping people in housing need who are unable to purchase a property on the open market.

We give priority to applicants who fit our basic eligibility criteria which includes:

  • Your household earns £60,000 or less
  • You’re a first time buyer (or you used to own a home, but can’t afford to buy one now)
  • You rent a council or housing association property
  • Serving military personnel

In addition we are only able to sell to buyers who meet the following criteria

  • Must be over 18 years old
  • Be a British citizen(s), have permanent leave to remain in the country, or be from the member states of the European Union and currently working or living in the UK
  • Are not able to afford to buy a home outright on the open market
  • Have sufficient savings or access to funds to meet the one off costs of buying a shared ownership home, and access to funds or a mortgage for their share of the purchase
  • Can show their ability to afford the total monthly outgoings of a shared ownership purchase including our monthly rent and service charge
  • Application approved by Help to Buy North East Yorkshire (or similar agent) in line with Homes and Communities Agency funding guidance

Resales

Resale properties are Shared Ownership homes which were originally sold by the Association. If the current Shared Owner wishes to sell their property, we provide a service to help them identify a purchaser by advertising their home on our website.

You will need to register with the Help to Buy Agent which covers the area where you wish to live. The agent for the North East Yorkshire Humber areas can be contacted on www.helptobuyneyh.co.uk

Bernicia has a responsibility to ensure all applicants for Shared Ownership properties are able to sustain home ownership in the long term, and are allocated a property suitable for their immediate and medium term needs in line with our Sales and Exclusion Policies. Copies are available on request.

10 Falstone Way, Hexham, NE46 2DU

10 FALSTONE WAY
HEXHAM
NE46 2DU

Interested in this property?

Please click on the link below to complete an online enquiry form, or call us on...

0344 800 3800