1 Bed - 2 Beds
£32,500 - £116,250
Davyhulme M41 7GE
The sales launch for Spinning Gate will be on Friday 31st August (10am to 6pm) and Saturday 1st September (10am to 5pm) at Urmston Masonic Hall, 15 Westbourne Rd, Urmston, Manchester M41 0XQ.
1 & 2-bedroom homes will be available for Shared Ownership. With Shared Ownership, buyers purchase the share that they can afford (from a minimum 25%) and pay a small rent on the remainder. As an example, based on the full market value of £130,000 for a 1-bedroom home:
25% - £32,500 and the typical rent on the remaining share would be £203.13 per calendar month.
50% - £65,000 and the typical rent on the remaining share would be £135.42 per calendar month.
75% - £97,500 and the typical rent on the remaining share would be £67.71 per calendar month.
If you wish to apply for a shared ownership property at this development, please note the following steps need to be taken:
You must be initially assessed by Help to Buy North West. They are the government appointed Help to Buy agent who have the responsibility for assessing any Shared Ownership applications in the first instance. You can apply online at www.helptobuynw.org
As part of your eligibility assessment, Metro Finance (who are shared ownership specialist mortgage advisors) will complete a financial assessment on our behalf. Please contact Metro Finance on www.metrofinancelive.co.uk to use their online tool to commence your assessment or call 0114 2701444.
Please send the following documents to Laurus Homes by email to email@example.com
Photographic Identification i.e. passport. (If you have indefinite leave to remain we will require evidence of this)
Proof of funds for a deposit
Mortgage in Principle (Metro Finance may be able to arrange this for you if you have not already sourced this yourself directly with a bank or building society)
Proof of address (e.g. utility bill dated within the last 3 months)
Don’t miss out on the opportunity to reserve your chosen plot! We look forward to seeing you there.
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Find us at Barton Road, Davyhulme M41 0SU.
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