• Willow Tree Housing Partnership

  • Charter Road Axminster Devon EX13 5FZ East Devon

Total rent £ 157.64 Weekly

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Description

Rentplus rent-to-buy 2 bedroom / 3 person second (top) floor flat. The property consists of hallway, open plan living / dining / kitchen, two bedrooms with en-suite shower room to bedroom 1 and bathroom. It has gas central heating and an allocated parking space. The weekly rent is approximately £157.64 per week (to be confirmed), one month’s rent of approximately £692.25 will be required in advance. Those with a one bedroom need can also bid for this property.

Rentplus is aimed at people who aspire to home ownership. RentPlus properties are rented at an affordable rent (80% of market rate) for an initial agreed period. At the end of the agreed period the property is sold, ideally to the existing tenants who will also be given a gifted deposit by RentPlus equal to 10% of the sale price. For general information about RentPlus please go to www.rent-plus.co.uk This property has an agreed rental period of 4 years.

You will need to meet the criteria for the scheme in order to be considered:

  • In work, training for a qualification or otherwise able to show how you will be able to buy the property at the end of the agree rental period.
  • Have a household income of less than £80,000 per year.
  • Willing and able to save for purchase costs and deposit during rental period, whilst paying rent and household expenses.

There is a local connection requirement for this property to the County of Devon with priority to the Parishes of Axminster and Hawkchurch, then the District of East Devon:

1) Lived in the area for 3 of the last 5 years or:

2) Previously lived in the area for a continuous period of 5 years or;

3) permanent employment of 16 or more hours per week for the last 12 months or:

4) Immediate family (parent, sibling or non-dependant child) lived in the area for last 5 years and need to give or receive support.

Please ensure you meet the local connection requirement and the criteria for the Rentplus scheme before bidding for this property

Key facts

Location