On Tuesday afternoon 8 May between 3 and 6pm at the Memorial Hall, there will be another oppertunity to find out more about purchasing one of the new 2 and 3 bedroom properties in Chyryn Drive under the Shared Ownership Scheme.
The affordable Housing team have confirmed that they are regularly seeing deposits of 10% on current applications, and this is only 10% of the share (not the full open market value), so deposits could be as low as £4,625 for a 25% share in a 2 bed. They also advised that for the right applicant (financial background), they are seeing 5% deposits.
Liverty have arranged to have an independent Financial Advisor at this event to assist potential purchasers identify their options.
Potental purchasers may wish to follow the link to the Help To Buy South West website, this is a panel of approved IFA’s who specialise in finding S106 mortgages and so may be of use to potential purchasers in addition to the Independent Financial Advisor at next week’s event. The HTBSW website also has a panel of approved solicitors again with a S106 specialism who may be able to help prospective purchasers.