Last chance to buy at popular Oldham development » Housing » 24dash.com

Hurry this is your last chance to get your hands on a stunning 4 bedroom home at Harmony Street in Oldham for only £129,375 based on 75% shared ownership (monthly rent and service charge is also payable)*.

The Regenda Group, one of the leading housing associations in the North West, can make the home you want become a reality through the Homebuy shared ownership scheme.

Whether youre starting on the property ladder or simply cannot afford the home you want, the shared ownership scheme offers you the chance to own the home of your dreams but also ease financial burden.

This stunning 4 bedroom home is located within easy access to Oldham and comes complete with a fully fitted kitchen including 5 burner hob and appliances, ground floor shower room, four generous sized bedrooms, family bathroom and off road parking.

Through the Regenda Homebuy shared ownership scheme, you can purchase 75% of your brand new 4 bedroom home now at £129,375* and pay rent on the balance until you are in a position to purchase your own home 100% outright (service charge also payable).

Shared ownership is available for people who want to own a home but cannot afford to buy one outright on the open market in their local community or area. A mortgage for their share of a home is more accessible than for the full 100% of the property value.

However buyers do have to pay rent on the remaining share plus a service charge is also payable. Interested buyers also have the opportunity to staircase or buy more shares over the 75% they originally purchased, thus reducing the amount of rent to be paid.

Carole A Rose, Sales Manager for Regendahomes said: "This is a fantastic opportunity for someone to buy the last 4 bedroom home in this popular development. This spacious home is available through Homebuy shared ownership, which is aimed at giving more people the chance to get onto the housing ladder in the area when prices are high and prohibitive."

It means any interested buyer would only need to secure a mortgage on 75% of the total value of the property and then would pay monthly rent to the Regenda Group on the remaining 25% share.

• Can anyone apply? The Regenda Group will consider the following factors:
• Are you a first time buyer?
• Can you afford the cost of shared ownership but cannot buy on the open market?
• Have you recently moved to the area for a job?
• What are your existing housing arrangements and circumstances?
• What will I need?

If you are approved for any of our schemes you will need a mortgage for the percentage of the property you are buying. We can refer you to an independent financial advisor to arrange your mortgage.

100% Mortgage Available

Not only are we offering you the chance to purchase your 4 bedroom home for £129,375* for 75% shared ownership but we can refer you to our independent financial advisor to arrange a 100% mortgage on this share in the property, subject to terms and conditions.

How to make it happen? Applying for Homebuy Shared Ownership couldnt be easier. The 4 bedroom home is available now at £129,375* for 75% shared ownership with monthly rent and service charge payable.

To view all the properties available at Harmony Street, Woodstock Street, Oldham, OL4 1RL and throughout the north west click onto www.regendahomes.co.uk.

For further information call our sales team available Monday to Friday 9.00am to 5.00pm on 0151 707 2151. * 75% Homebuy Shared ownership is subject to eligibility and terms and conditions available on request. Monthly Rent and service charge is also payable. 100% mortgage available on 75% share subject to terms and conditions.

ENDS

For further information or to arrange interviews contact: Melanie Parr OR Stephanie Baxter; PR & Marketing Manager, The Regenda Group, Regenda House, Enterprise Business Park, Northgate Close, Horwich, Bolton, BL6 6PQ Tel: 01204 814566 Reception: 01204 814000 E-mail melanie.parr@regenda.org.uk OR stephanie.baxter@regenda.org.uk Tamsin Cooper, Quality & Marketing Officer, The Regenda Group, Regenda House, Enterprise Business Park, Northgate Close, Horwich, Bolton, BL6 6PQ Tel: 01204 814566 Reception: 01204 814000 E-mail tamsin.cooper@regenda.org.uk NOTES TO THE EDITOR About Shared Ownership Through Homebuy you can purchase a percentage and rent the rest until you are in a better position to own your home 100% outright. Shared ownership/homebuy is for people who want to own a home but cannot afford to buy one outright on the open market in their local community or area. Buyers can more easily obtain a mortgage for their share in the property than for the full 100% of the property value. However buyers do have to pay a rent on the remaining share. You can have your own home by buying a percentage now and buy the rest when you have settled in your new home and can afford it. About the Regenda Group The Regenda Group was formed in 2002 as a partnership between Liverpool based Maritime and Templar Housing in Macclesfield. Oldham-based West Pennine Housing Association (WPHA) joined the Group in 2003. On 1st April 2005 Wyre Housing Association (WHA - originally and LSVT) also joined the Group. West Pennine also has a registered subsidiary the Limehurst Village Trust (LVT). The Group now owns and manages over 13,000 units. Over 10% of these homes are in sheltered housing schemes or for wheelchair users and a similar percentage are occupied by people buying them. The Regenda Group works across the North West in over 30 local authority areas ranging from Congleton in the south to Fleetwood in the north, Wirral in the west and Tameside in the east. Over 80% of our properties are in 9 local authorities. Our subsidiaries develop close partnerships with key authorities so we can effectively address the housing and related needs of the communities we work in. Our subsidiaries retain their identities and own their property assets. They provide the Regenda Group with charitable and non charitable vehicles to help further its, and its subsidiaries, objectives. Governance is controlled through an Inter Group Agreement (IGA) that describes the relationship between the Regenda parent and its subsidiaries. The Group offers it members a centralised core of services and a structure where they can benefit from greater business efficiencies and financial strength. It has also worked to agree a core set of policies and procedures that draw on best practice from across its sub