| |
News & Events
UNIQUE OPPORTUNITY TO PURCHASE A BRAND NEW HOME ON A PART BUY - NO RENT SCHEME
Merlion Homes are pleased to announce that the 49 shared equity apartments at Alder Park, Aldershot are proving to be popular with local buyers. This scheme offers purchasers a chance to either get onto the housing ladder or move upwards if circumstances demand but finances are tight.
The Merlion Assisted Purchase Scheme (MAPS) helps local people to buy a new home at a level significantly lower than its full open market value. No rent is payable on the non purchased part, Merlion funds this and protects its interest by means of a legal second charge. This allows Merlion to recover the funding when the property is sold, although it may be able to possible to pay it back by arrangement before this. The amount repaid is linked to the value of the home at the time the funding is repaid.
In order to qualify for the scheme, buyers must be unable to purchase a similar property at the open market value and must either live, work or have family connections with the area.
Halifax are the agents acting for the development and will be able to answer any questions about the scheme and the properties currently available.
There are 49 apartments spread over two blocks. The one beds start from £105,000 with the two beds from £120,000 for a 75% share. The first properties will be available for occupation in the Summer 2006 with the remainder following on through the autumn and winter.
This a unique opportunity - there are many homes on the market both new and second hand, but only a few available on this scheme - don't delay - phone today!!
For further information, please contact Halifax Estate Agents on 01252 317123.
 |
| |
|
