Skip to main content

43 Hardwick Hill , Banbury

Click image to enlarge
Resale
Shared Ownership

Please note that all sales particulars and images are for marketing and illustrative purposes only. Plans, computer generated images and photos may contain elements which are not present upon the final completion of the property.

Shared Ownership Resale

Please note, the majority of our shared ownership homes undergo a rent review in April 2024. The review will depend on the shared ownership lease, but the majority will see a 9.4% uplift to the rent. We will confirm the exact changes to the rent for this property as part of the sales process.

  • Spacious Two Bedroom Flat with allocated parking
  • Monthly rent £202.71 and monthly service charge £106.32
  • Two Miles from town centre, train and bus stations

    £120,250 for a 65% share

    Open Market Value: £185,000

    From £203 per calendar month

    Service Charge: £106.32

    Shared Ownership Resale

    Available on shared ownership 1

43 Hardwick Hill , Banbury


Spacious Two Bedroom Flat on the top floor, Living room, kitchen bathroom with shower and three large store cupboards. Easy links to London and Birmingham, situated in the outskirts of Banbury, two miles from town centre/train station and bus station. Close to new primary school, local playgrounds, reliable bus service.








As this property is a flat, please note that as a result of building safety regulations, some lenders are requiring certain properties to have a completed EWS1 form. An EWS1 (External Wall System) form provides independent assurance that your building meets the requirements of the Government's latest standards. Unfortunately, we have seen that some lenders may still wish to request this information even though it is not a legal requirement. Stonewater do not have an EWS1 in place for all buildings and should a mortgage lender require this, any purchase may be impacted. If an EWS1 is requested, whether one is required or not, Stonewater are committed to providing as much information as possible to satisfy a lenders request for an EWS1. We suggest you speak with a financial advisor before proceeding. Further information about EWS1 and Stonewater’s position can be found at https://stonewaterhomes.co.uk/government-guidance...

Viewings

Thank you for your recent interest in the above property. The seller is currently accepting viewings and if you would like to arrange a viewing, please contact the seller on the details below.

Seller Name: Sean

Seller Contact Details: 07909893803 andseanhook@hotmail.co.uk

As a shared ownership home, you will need to be eligible for Shared Ownership.

As a reminder, to be eligible for shared ownership you will need to evidence:

• your household income is £80,000 a year or less (£90,000 a year or less in London)
• you cannot afford all of the deposit and mortgage payments for a home that meets your needs
One of the following must also be true:
• you’re a first-time buyer
• you used to own a home but cannot afford to buy one now
• you’re forming a new household - for example, after a relationship breakdown
• you’re an existing shared owner, and you want to move
• you own a home and want to move but cannot afford a new home that meets your needs

Please take note of the minimum income, (£36,146) which is based on the minimum deposit (£8,367) for this property. If you are placing a larger deposit, the minimum income will reduce. Always check with us if you are unsure whether you can afford the property.

If you make a successful offer to the seller after your viewing, they will let us know and we will then be able to refer you for a financial assessment with an Independent Financial Advisor. This is compulsory for all Shared Ownership purchases and does not interfere with any mortgage arrangements you have already made. They will complete an assessment but you are not obliged to use them afterwards to arrange your mortgage, but can if you wish. You will also be required to complete a Stonewater application form. Further information on the financial assessment and application form will be provided.

Please let us know if you need any further information and good luck with your viewing.

Make an enquiry

* Denotes mandatory field

Interested in buying a shared ownership home? Follow our simple three step guide     Find out more about shared ownership

What is shared ownership? Your questions answered     Find out about shared ownership

Featured Development
Featured Development