"Grasmere - 3 Bedroom Semi-Detached" Stafford Road, Darlaston, Wednesbury, West Midlands
£33,125 For 25% Share.
3 Bed Semi-Detached
Tel: 0845 313 8137
3 Bedroom Semi-Detached House
Specification
· Central Heating
· Double Glazed
· Kitchen with oven, hob & cooker hood.
· Ensuite bedroom
· All values subject to revaluation
Location
Situated in the heart of the black country. Being within easy reach of Wolverhampton City centre and having the M6 within easy distance, this is an ideal location for commuting.
HOW SHARED OWNERSHIP WORKS
Shared ownership is simply part buying, part renting your home with the help of Waterloo. The initial share (50% or 75%) is purchased by means of a mortgage from a building society in the normal way.
Rent is payable to the Association for the remaining share, and is reviewed annually in line with inflation.
After the initial purchase you may buy further shares, up to the stage where full ownership is achieved. Alternatively you can remain a shared owner indefinitely if you want to.
You do not have to share your home with anybody other than your own family/ household.