Description
- First Homes Scheme 70% Covenant
- FIrst Time Buyers Only
- Subject To Approval by Rugby Borough Council
- End Terrace Property
- Three Bedrooms
- Driveway
- Gardens
- Family Bathroom, En-Suite & WC
- Popular Location
- Virtual Tour
*FIRST TIME BUYERS ONLY* A modern three-storey end of terrace home offered for sale under the FIRST HOMES SCHEME which makes it available at 100% ownership with a 70% market resale value covenant, ensuring long-term affordability for qualifying FIRST TIME BUYERS ONLY. Applicants must meet eligibility criteria and be approved by Rugby Borough Council, with priority given to households from within the Borough of Rugby. This property offers : Entrance, Lounge, Kitchen, Guest WC, Three Bedrooms, Bathroom, En-Suite, Front Garden, Driveway for 2 Cars and a Landscaped Rear Garden. Please ask us for further information to establish whether you qualify to buy this home.
Entrance
Composite front door. Radiator.
Lounge
Double glazed window to the front aspect. Radiator. Door to inner lobby. Under-stairs cupboard.
Inner Lobby
Door to WC. Door to Kitchen. Stairs to first floor.
Guest WC
Low flush WC. Pedestal wash hand basin. Radiator. Extractor.
Kitchen
Double glazed French Doors and window to the garden. Radiator. Range of base and eye level units with work surface and tiling to splashbacks. Integrated oven with hob and extractor. Space for a fridge/freezer. Space and plumbing for washing machine. Stainless steel one and a half bowl sink/drainer with mixer tap. Wall mounted boiler. Space for a possible slimline appliance.
First Floor Landing
Stairs to Top Floor. Doors off to two bedrooms and bathroom. Radiator.
Bedroom Two
Two double glazed windows to the front aspect. Radiator.
Bedroom Three
Double glazed window to the rear aspect. Radiator.
Bathroom
Double glazed window to the side aspect. Radiator. Panelled bath with shower over. Pedestal wash hand basin. Low flush WC. Extractor.
Top Floor Landing
Door into Bedroom One. Cupboard.
Bedroom One
Double glazed window to the front aspect. Radiator. Loft access hatch. Door to En-Suite.
En-Suite
Double glazed roof window. Low flush WC Enclosed shower cubicle. Pedestal wash hand basin. Extractor. Radiator.
Front Garden
Lawned area with shrub border. Adjacent to Driveway. Path to front door.
Driveway
Block paved driveway for 2 cars. Gate into rear garden.
Rear Garden
Fully enclosed by timber fencing. Gate onto Driveway. Initial good size patio. Raised artificial grass area. Side hard-standing with shed.
70% Covenant First Homes Scheme Details
FIND OUT IF YOU'RE ELIGIBLE You must:
- be 18 or older
- be a first-time buyer
- be able to get a mortgage for at least half the price of the home
- not earn more than £80,000 a year before tax (£90,000 if the property is in London) - this is your income from the previous tax year
If you're buying with others:
- you must all be first-time buyers
- you must apply together, even if you're not all getting a mortgage
- your joint income cannot be more than £80,000 a year before tax
- Your joint income is the total of what you all earned in the previous tax year.
Local eligibility criteria
- Councils may set local eligibility criteria. For example, some councils may prioritise giving First Homes discounts to:
- key workers, as defined by the council
- people who already live in the area
- those on lower incomes
If you're buying with others:
- you must all meet any local income criteria
- only one of you needs to meet any other local criteria
- These local criteria only apply for the first 3 months that a property is on sale.
Local exemptions for armed forces and their families
You do not have to be a key worker or live in the area if you're:
- a member of the armed forces
- a former spouse or civil partner who's divorced or separate from a member of the armed forces
- a widow or widower of a deceased member of the armed forces (if their death was caused wholly or partly by their service)
- a veteran who left the armed forces in the last 5 years
You still need to meet all other First Homes eligibility criteria.
Please ask us to provide a First Homes Scheme Guide which details all necessary criteria.
We can also provide a Full Application Form upon request.
Please note this is Not a Shared Ownershop Scheme and no rent is payable.
Money Laundering Regulations
Should a purchaser(s) have an offer accepted on a property marketed by Ellis Brooke Estate Agents, they will need to undertake an identification check and be asked to provide information on the source and proof of funds. This is done to meet our obligations under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service to verify your information. The cost of these checks is £25 (inc VAT) which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.
