Karbon Homes are delighted to offer a two bedroom, two bathroom home in Lime Close, Coxhoe. Built in 2020, this property is available with our Rent to Buy scheme
The property itself boasts an open plan/kichen living space, two bedrooms both en-suite, ground floor WC, rear garden and off road parking.
The Rent to Buy scheme
The ultimate aim of the scheme is to allow you to take advantage of the reduced market rent in the 5 year term, allowing you to save for a deposit. After 5 years, if the property is not purchased, the rent will increase to be in line with full Market Rent.
At the end of the 5 year term, you will have first refusal to buy the property, subject to meeting the criteria and financial qualification. The sale of the property will always be agreed at Market Value,
established by a qualified, RICS valuer.
The 4 key eligibility requirements for this scheme are:
1. The property must be your only home
2. At least one member of your household needs to be in permanent employment
3. The rent should utilise 25% - 45% of your household income
4. If you are an existing homeowner, you may be eligible, for example, if due to a relationship breakdown
The 3 Step process is outlined below:
1. Complete the Rent to Buy application form and to return to the Sales & Marketing Team
2. A Financial Advisor will make contact with you. You will need to provide the documentation they require.
3. Once you are financially approved, you can choose your new home!