Littlewood Close, Brandon And Byshottles

Agents Notes
Council Tax: Durham County Council, Band C - Approx. £2331 p.a
Tenure: Leasehold for 30% share 125 years 21/01/2021 to 22/01/2146 - possible to buy 100% of property which would be freehold. Rent payable on 70% share is approx. £412pcm
Estate Management Charge – TBC
Property Construction – Standard
Gas Supply - Mains
Electricity supply – Mains
Water Supply – Main
Sewerage – Mains
Heating – Gas Central Heating
Estimated Mobile phone coverage – Please refer to the Ofcom Website - https://www.ofcom.org.uk
Estimated Broadband Download speeds – please refer to the Ofcom Website – https://www.ofcom.org.uk
Building Safety – The Vendor is not aware of any Building Safety issues. However, we would recommend that the purchaser engages the services of a chartered surveyor to confirm.
Restrictions – Any covenants which may affect the property would be within the Land Registry Title Register which is available for inspection via the Land Registry.
Selective licencing area – No
Rights & Easements – None known
Flood risk – Refer to the Gov website - https://www.gov.uk/check-long-term-flood-risk
Coastal Erosion – Refer to the Gov website - https://www.gov.uk/check-coastal-erosion-management-in-your-area
Protected Trees – None known
Planning Permission – Nothing in the local area to affect this property that we are aware of. Check with seller.
Accessibility/Adaptations – No
Mining Area – Coal Mining Reporting Area, further searches may be required by your legal representative.
Disclaimer: Our details have been compiled in good faith using publicly available sources and information obtained from the vendor prior to marketing. Verification and clarification of this information, along with any further details concerning Material Information parts A, B & C, should be sought from a legal representative or appropriate authorities before making any financial commitments. Robinsons cannot accept liability for any information provided subsequent amendments or unintentional errors or omissions.
HMRC Compliance requires all estate agents to carry out identity checks on their customers, including buyers once their offer has been accepted. These checks must be completed for each purchaser who will become a legal owner of the property. An administration fee of £60 (inc. VAT) per individual purchaser applies for carrying out these checks.
Shared Ownership
Shared Ownership Eligibility
To be eligible for Shared Ownership, applicants must:
* Be aged 18 or over.
* Have a household income of no more than £80,000 per annum.
* Not currently own a home.
* If a property is currently owned, it must be sold subject to contract and evidence will be required.
* Be unable to afford to purchase a property of this type in the area without the assistance of Shared Ownership.
The above criteria are used to assess eligibility for Shared Ownership. A financial assessment will also be required to confirm affordability.
Monthly Charges
* Management Charge: £20.17
* Buildings Insurance: £15.22
* Rent: £370.41
Total Monthly Charge: £405.80
There are currently no service charges applicable to this property.
Information for Prospective Shared Ownership Purchasers
Anyone interested in purchasing this property through the Shared Ownership scheme should initially contact the selling agent to discuss the property and arrange a viewing.
Offers can be submitted through the selling agent; however, all Shared Ownership purchases are subject to approval by Thirteen Group.
Once an offer has been received, Thirteen Group will contact the prospective purchaser(s) to provide details of the application process and arrange an independent financial assessment, as required under Homes England Shared Ownership regulations. Thirteen Group currently uses TMP Mortgages for these assessments, although purchasers are free to obtain their mortgage through any lender or broker of their choice.
Following the assessment, all parties will be advised of the outcome. If approved, the sale can proceed, and a Memorandum of Sale will be issued. Thirteen Group will instruct its own solicitors to deal with any lease-related requirements associated with the Shared Ownership resale.
Applications should only be made by purchasers who have viewed the property and wish to proceed with a purchase.