Property description
DESCRIPTION This modern two bedroom apartment is available on a intermediate rent basis with Orbit Homes. The property is situated on the first floor of a modern block and offers entrance hall, lounge with open plan kitchen, family bathroom and two bedrooms. Further benefits include uPVC double glazing, electric heating and off road parking.
This house is available as part of the 'Intermediate Rent' scheme via Orbit Homes. The rental amount is subsidised to help towards saving a deposit to potentially buy a property in the future. The opportunity would be present to purchase this house on the terms of shared ownership once you have saved a deposit although there is no expectation for you to go ahead with the purchase.
The terms of eligibility, should you wish to proceed in the future, are that you must not own a property in the UK or abroad and you must have a combined household income of less than £60,000. In addition you would need to be acceptable for a mortgage and demonstrate you can afford the minimum share of 25% of the property, but show reasons why you are currently unable to purchase for example you can afford the mortgage but have not got a large enough deposit. This information is for general purposes only and not specific to any properties currently let through the Housing Association.