31 Aysgarth Road, Linthorpe, Middlesbrough, TS5 5DQ
1 Bed Ground Floor Flat available on shared ownership terms
£42,000 for a 70% share
Rent/Service Charges payable - £76.86 per calendar month
Thirteen Group have not inspected the property and the property details are provided here in good faith. For more information, please contact the Home Ownership Team on 01642 668629. For further details and to arrange a viewing please contact Mrs Salter direct on 07572 799299.
Property is a one bedroom ground floor flat in a communal building, purpose built complex for people aged 55 or over. Secure door entry system, the property has a level access walk in shower room, a patio door from the lounge leading onto a small patio area. There are communal gardens and communal parking. The current calendar monthly service charge is £ 76.86.
Before making an offer on a re-sale property please make sure you have confirmed you are eligible for the shared ownership scheme by completing the Help to Buy application form. Once you have agreed a sale with the current owner, Thirteen Group will then complete a financial assessment to confirm if you are eligible to proceed with the purchase. Please contact the Home Ownership Team on 01642 668629 to discuss this in more detail.
OPSO (Older person's shared ownership)
This scheme allows those over 55 to purchase a share in a property. You may be looking to downsize. move nearer to family or seek the reassurance of care and support, which Extra Care Developments provide.
Shared Ownership Resales
When the owner of a Shared Ownership property decides to sell the share they own, this becomes a re-sale. You will only be able to purchase the same or larger share in the home as the existing owner, which can vary between 25% and 75% of the property's market value. Then, just like Shared Ownership, you pay a reduced rent on the remaining share.