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£79,950
Merchants Court, Bingley
- 2 beds
£79,950
- 2 beds
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Buy with a mortgage
Estimate monthly mortgage payment:
£365 per month
Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
£3,998
Property listed by:
Hunters
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Yorkshire Housing are offering a Discounted Affordable Housing Scheme for a property at Merchants Court, Bingley, BD16 1DL. The property is discounted by 27% of the market value and is a chain free two bedroom, one bathroom, third floor apartment to which a viewing comes highly recommended. The central Bingley location is ideal for local amenities, transport links and recreational facilities.
Please note that in order to purchase the property, the buyer needs to qualify to certain Yorkshire Housing criteria. The link for the application is available via Hunters.
The Yorkshire Housing affordable housing criteria is as follows:
· Household income of no more than £80,000 per year
· First time buyer or used to own a home but, cannot afford to buy one outright
· Unable to purchase a property on the open market
· Able to finance purchasing the property, monthly service charge as well as other costs associated with purchasing a property (solicitors etc)
. They must have worked or lived within the Bradford District for 12 months
Please note, the purchase price is subject to a Yorkshire Housing RICS valuation of 100% of the value. The current property valuation is £110,000, estimated sale price £79,950
Please note that in order to purchase the property, the buyer needs to qualify to certain Yorkshire Housing criteria. The link for the application is available via Hunters.
The Yorkshire Housing affordable housing criteria is as follows:
· Household income of no more than £80,000 per year
· First time buyer or used to own a home but, cannot afford to buy one outright
· Unable to purchase a property on the open market
· Able to finance purchasing the property, monthly service charge as well as other costs associated with purchasing a property (solicitors etc)
. They must have worked or lived within the Bradford District for 12 months
Please note, the purchase price is subject to a Yorkshire Housing RICS valuation of 100% of the value. The current property valuation is £110,000, estimated sale price £79,950
Mortgage calculator
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£365 per month
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Stamp Duty tax
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Stamp Duty Land Tax (SDLT) is a tax you might have to pay if you purchase a property or land. SDLT applies to properties above a certain price threshold. The amount you'll have to pay depends on the property's value and if you already own a property, or have done so in the past. If you are a first-time buyer, or you are purchasing multiple dwellings, you may be eligible for a discount (tax relief).
£0
Mortgage and legal costs:
£999
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