Property description
RENT TO BUY How To Apply:
Please send an enquiry through Rightmove
Rent to buy is a scheme designed to help customers save up a deposit to purchase the home by offering a discounted rent for the initial rental period. We are looking for customers who have the intent to buy the property when it is available to be purchased in August 2029
Rent to Buy is designed to ease the transition from renting to buying a home by providing a subsidised or intermediate rent for an initial letting period. The cheaper rent provides the opportunity to save towards a deposit to purchase.
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To be eligible you must have the intention of purchasing in the future.
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Minimum earnings of RENT X 30* approximately
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Be able to pass referencing checks (credit, employment and landlord).
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Applicants must be working at the time of the initial letting and either they have not previously owned their own home or they are returning to the market following a relationship breakdown. They must not be currently tied into a Mortgage at the point of tenancy commencement.
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The properties will be let on assured short-hold tenancies for a maximum fixed term of 2 years. After this period the tenancy will become a rolling contract
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After an initial period of 6 months, you can terminate your tenancy at any time. You are required to provide 28 days written Notice.
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You have the right to apply to purchase this property five years after the date the property was handed over from the developer to Yorkshire Housing. This date will be provided within your tenancy agreement.
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Yorkshire Housing will only refuse to sell the property in "exceptional circumstances". An example of this would be if the property value at application stage is less than the value when Yorkshire Housing took handover from the developer.
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The property will be sold at full market Value. You will not be eligible for any reductions in sale price such as Right to Acquire.
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The Full Market Value will be determined by a RICS surveyor, you will be responsible for the cost of obtaining the valuation.
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The rent to buy date for this property is August 2029
If you are not in a position to purchase the property at this date then you may be given notice by Yorkshire Housing to end the tenancy
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YOU MUST
Have the funds available for: one months' rent in advance, holding deposit (equivalent of one weeks rent) and a deposit (equivalent to one month's rent)
DESCRIPTION 2 DOUBLE BEDROOMS
OPEN PLAN LIVING
ROOF TERRACE
ALLOCATED PARKING
*Property comes unfurnished & White goods may not be included*
Disclaimers:
Please note that rent for this property may change as we will complete a new valuation every six months until the property is let. This is done to ensure that the rent is 20% less than the current market value.
Images and floorplans are for guidance only. Floorplans may not be exact and images may be of a similar property and are for illustrative purposes only.
Key features
2 Bedrooms
1 Bathroom
Flats / Apartments - Apartment
Unfurnished
More features
BRAND NEW APARTMENTS, 2 BEDROOMS, RENT TO BUY SCHEME, ALLOCATED PARKING, CLOSE TO YORK CITY CENTRE, OPEN PLAN LIVING SPACE, TERRACE, 24/7 EMERGENCY REPAIRS HELPLINE, AVAILABLE TO MOVE IN ASAP,
More details
- Property type
- Flats / Apartments - Apartment
- Size
- Ask agent
- Monthly price
- £1100
- Weekly price
- £254
- Available from
- Ask Landlord
- Bedrooms
- 2
- Bathrooms
- 1
- Furnishing
- Unfurnished
Map
This listing is located at Flat 59 Hawthorn House, 59 Hawthorn House, York.