West Highland Housing | Isle Of Mull | 3 Bedrooms | £87,000

OIEO | £87,000

3 Bedroom Semi-Detached Bungalow

West Highland Housing | Isle Of Mull

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SHARED EQUITY HOUSING in the ideal location of LOCHDON, Isle of Mull. These professionally built houses are part of West Highland Housing shared equity Scheme. From 60- 80% of these BRAND NEW BUNGALOWS can be purchased and a choice of 3 bedrooms are available. Please call for more information.

OVERVIEW Units E, F, G & H – 3 bedrooms, 5-person, semi-detached bungalows
Front access is to the entrance porch with a door leading to the main entrance hall of the house. The hallway gives access to the bathroom, kitchen, bedrooms and lounge. All bedrooms have built in wardrobes and halls have storage cupboards. Kitchen units and work tops are completed to a high standard with splash back tiling to the rear of worktops. Windows and doors fitted to the property are to a high security specification with Police Scotland Secured by Design accreditation.

PRICING Units E, F, G & H – 3 bedrooms
5-person, semi-detached bungalows
Property Value: £145,000.00
80% Share: £116,000.00
60% Share: £87,000.00

SHARED EQUITY These houses will be available for sale under the Scottish Government’s New Supply Shared Equity Scheme (NSSE) The overall objective of the scheme is to assist households to become home owners of new properties at a cost to them that is below the full market value. Market value is based on current reports from an independent valuer.
Shared Equity is aimed at the following groups:
* People who rent from the council or a housing association
* Disabled people
* People aged over 60
* Members of the armed forces
* Veterans who have left the armed forces within the past two years
* Widows, widowers and other partners of service personnel for up to two years after their partner lost their life while serving
* First time buyers and people in housing need
The NSSE scheme is also available to people who have previously owned a home but were unable to sustain or re-enter home ownership due to a change in circumstances

KEY INFORMATION Under the New Supply Shared Equity Scheme, the Scottish Government will keep a financial stake in the property, so the purchaser does not have to fund all of it. You will own a share in the property outright and the interests of the Scottish Government will be secured by a standard security. Shared equity owners are responsible for maintenance, council tax, mortgage payments, utility bills and insurance. Properties will have a 10 year National House Building Council guarantee. Prospective purchasers, who meet the criteria, can reserve a property ‘ off plan’ by paying £1000 non-refundable deposit.

FURTHER INORMATION Further information about Shared Equity is available from the Scottish Government at:

https://www.mygov.scot/new-supply-shared-equity-scheme/overview/

https://beta.gov.scot/publications/new-supply-shared-equity-scheme-nsse-information-leaflet/

Please contact the West Highland Housing Association if you would like more information or would like to apply for a property.
mail@westhighlandha.co.uk or 01631 566451.

  • Semi-detached Bungalow
  • 3 bedrooms /1 bathroom
  • Ideal Location
  • Sold from Plan
  • 60% - 80% shares available
  • Completion due Summer 2019

OIEO | £87,000

  • Semi-detached Bungalow
  • 3 bedrooms /1 bathroom
  • Ideal Location
  • Sold from Plan
  • 60% - 80% shares available
  • Completion due Summer 2019
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