Last chance to buy at popular Oldham site

Published by Jon Land for Regenda Housing Group in Housing

Hurry this is your last chance to get your hands on a the last few remaining 4 bedroom homes 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.

These stunning 4 bedroom homes are located within easy access to Oldham and come 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 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.

Bill Taylor, Executive Director at The Regenda Group, said: "This is a fantastic opportunity for someone to a brand new 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 your existing housing arrangements and circumstances are 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. 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.