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Halton Grange by Legal & General Affordable Homes in Halton

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Shared Ownership 3 Bedroom Semi Detached Houses in Lancashire

Welcome to Halton Grange - situated near the centre of Halton, Halton Grange has views of the River Lune and is close to Morecambe Bay. Situated a short drive from the M6, making commuting both North and South very accessible, the development is also surrounded by great schools – making it an ideal choice for families.

These well thought out properties are finished with ‘A-rated’ integrated appliances to the kitchens, a secure garden complete with patio and turf as well as ample off-road parking.

Key Features:
• Zanussi integrated hob & oven
• Paved patio area
• Turf to rear garden
• Parking for 2 cars
• 12 Year NHBC Warranty

Price breakdown:
Minimum share: 40%
Minimum share value: £84,000
Full market value: £210,000
Service charge per month: £42 per month
Rent on un-owned share: £288.75 per month
5% deposit required: £4,200
Anticipated Household Income to purchase 40%: £23,500

What is Shared Ownership?
Shared Ownership is a more affordable way to have the security and stability of owning your own home. Shared Ownership is a government backed part buy/part rent scheme designed to help you take that first step on the property ladder. The scheme enables buyers to purchase a share of the value of the home – this is usually between 25 to 75 percent of the value of the property – and pay a subsidised rent on the remaining portion. You have the option to buy a bigger share in the property at a later date (known as Staircasing).*

Eligibility criteria:
To be eligible for a home at Halton Grange, you’ll need to:

• Have a gross household income of no more than £80,000 per annum
• Be unable to purchase a suitable home to meet your housing needs on the open market
• Not already own a home or you will have sold your current home before you purchase

If you don’t meet the eligibility criteria for this development, you may still qualify for a shared ownership purchase at one of our others, so take a look at our website for more information.

The images shown are indicative and intended to act as a guide only.

Legal & General Affordable Homes