believe housing are delighted to offer this rent to buy, three-bedroom, property located in Oakcroft Close, Peterlee.
This stunning property comprises of an open plan kitchen/dining area, downstairs w/c, and under stairs storage. Upstairs boasts a family bathroom, two double bedrooms and one single bedroom.
* This property has been lived in previously.
** Images are for illustration purposes only which may not reflect this specific plot.
Rent to Buy is a government scheme that aims to help people in England step on to the housing ladder by offering affordable homes at a 20% discount below market rent for five years. The idea is that with a lower rent, you can save for a deposit to buy your home at the same time.
As per the Rent to Buy scheme, this home will be available to purchase immediately. At this time, the successful applicant will be able to either purchase the property outright or through Shared Ownership. If you do not wish to buy at this point, you can continue to rent the property at the current monthly payment.
You must fully meet the criteria to apply. Please refer to details below for guidance.
Eligibility Criteria
To reserve a Rent to Buy home you must:
* Be at least 18 years old at the time of signing your tenancy agreement
* Be a first-time buyer or returning to the market after a relationship breakdown
* Not currently own another residential property
* Be able to evidence you are working at the time of the initial letting
* Have insufficient funds/deposit to purchase a property on the open market
* Have the 'Right to Rent' in the UK (as defined by government guidelines)
* Not have any outstanding credit issues and be able to undergo a credit check. Please note if you have any CCJs or IVAs this will be an automatic refusal.
FEES:
- There are no reservation fees or tenancy deposit.
- You will be required to pay up to first two months' rent upfront.
VIEWINGS:
- Viewings will only be carried out once your application has been completed and you have been accepted following all checks.
- Please ensure you have the funds available for your first payment at the viewing as if you are happy to proceed as you may be required to begin your tenancy immediately
This home will be allocated on a first come first served basis, please click 'Enquire Now' to register your interest via email.