This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 1st October 2021.
3 bedroom Semi Detached House for sale, Fern Close, Humberston, Lincolnshire, DN36
Features and Description
- ***£1000 INCENTIVE TOWARDS MOVING COSTS***
- New Build Shared Ownership
- 3 Bedroom Semi Detached House with En Suite
- Full Market Value £215,000
- Price advertised is based on a 25% Share
- Driveway Parking To The Front
- Enclosed Rear Garden Turf Included
- Integrated Fridge Freezer Included
Plot 133 The Bluebell
Humberston Meadows is a charming development consisting of 2, 3 and 4 Bedroomed Homes located in the village town of Humberston.
About Shared Ownership -
On the popular shared ownership scheme you are able to purchase a share of the house and then pay the housing Association (Longhurst Group) rent on the remaining share which has not been purchased. There is then the option to purchase further shares until you own 100% in the future, this is a process called staircasing.
To qualify for Shared Ownership, you must meet the following criteria:
- Your annual gross household income is less than £80,000.
- Unable to purchase a suitable property for your housing needs on the open market.
If your application is successful a reservation fee of £250 is required securing the property to the accepted applicant for a period of 8 weeks.
Shared Breakdown
Please find examples of share amounts available provided shares are available subject to criteria and eligibility from 25% - 75%
*** 25%- purchase price £53,750 - rental amount payable including all charges £415.15
***35% - purchase price £75,250 - rental amount payable including all charges £365.88
***45% - purchase price £96,750 rental amount payable including all charges £316.61
***55% - purchase price £118,250 - rental amount payable including all charges £267.34
***65% - purchase price £139,750 - rental amount payable including all charges £218.07
***75% - purchase price £161,250 - rental amount payable including all charges £168.80
***Full property value is - £215,000
Total prices include rent, buildings insurance, service charge and management charge.
This payment will need to be paid in addition to monthly mortgage payments where applicable.
Charges are reviewed annually every April.
- Photographs
Please note - These images and are for general guidance only.
COUNCIL TAX
This property is a new build and is currently incomplete meaning the council Tax Banding has not yet been allocated.
EPC
This property is a new build and is currently under construction meaning no EPC rating can be given at this current time.
Fern Close, Humberston, Lincolnshire, DN36
Additional Information
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Property refNHO220419
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TenureLeasehold
-
Lease length998 years
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Ground RentContact the branch
-
Ground Rent ReviewContact the branch
-
Service ChargeContact the branch
LSL Land & New Homes Estate Agents New Homes - North
Stamp duty calculator
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Energy Efficiency Rating
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Current
N/APotential
N/ACO2 Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs