New, modern homes in Llay, Wrexham.
Plot 17 and 28
They will be available from 2021.
The property includes:
- a living room
- kitchen diner
- down stairs cloakroom
- three bedrooms
- one en suite
- one family bathroom
- gas central heating
- UPVE double glazed windows and doors
- front and back garden
- off street parking
Shared ownership details
Open market price – £200,000
You can buy between 25% and 75% of the property.
You’ll pay rent on the rest.
The rent will be based on 100% being £700.
So, if you have a mortgage on 50% of the property, you’ll pay rent on the other 50%.
Rent would be £350 based on full rent being £700.
You’ll need to pay a deposit of 5% or more before starting your tenancy.
The Deposit Protection Service (DPS) will protect your deposit.
- residing / or close family – Llay Community Council area – one year preceding occupation or in full time employment within Llay Community Council area for a period of 6 months preceding proposed occupation
- previous residency/ or close family -– Llay Community Council area – continuous period 5 years or previous employment within Llay Community Council area for a period of 5 years
If no one meets the above from Tai Teg etc and after advert/marketing for at least 4 weeks which includes advert in newspapers in Wrexham locality:
As above – but for – Gwersyllt, Rosset and Gresford Community Council Areas. (to include further marketing etc)
If no Priority 1 or Priority 2 – after 8 weeks – open out to Wrexham County Borough Council Area.
If no applicant qualifies in Priority 3 within 12 weeks – then any other person who is in our or Councils opinion a person in Housing Need shall be treated as an Eligible Person.
Shared Ownership Calculator:
Find out how much rent you would pay by selecting the percentage of the property you wish to buy.