3 bed Mews house for sale
Chester Road, Penymynydd CH4

Property Description

This is an affordable property and to be eligible be considered you must firstly register with Tai Teg. The registration is on-line and once submitted we have 5 working days to approve or decline. For more information please visit the site and click on the Tai Teg process link .

Please note: Viewing will only be arranged once you have submitted an application and have been approved and place on the Tai Teg register.

3 Bedroom mid mews property on sale through the Shared Equity Scheme.

Open Market Price: £212,500

70% Affordable Price at £148,750

Minimum 5% deposit of the open market price

The management charge is £276 per annum, with an initial payment of £264 due on completion.

Local Residency criteria

You must meet the Local Connection criteria for affordable housing with priority being given to:

Priority 1- 16/01/2023 - 13/02/2022 Intended purchaser has immediately prior to being offered a property has continuously a resident or continuously employed in the community of Penyffordd, for 3 years, or has a strong local connection, by reason of having a close relative resident in the named communities, who has been resident there for a minimum of three continuous years

Close relative – spouse, parent, brother, sister, child, grandparent or grandchild

Priority 2 - 14/02/2023 - 14/03/2023 Criteria as above, but opening out to neighboring communities of Hope, Leeswood, Buckely Bestre East, Buckley Pent Robin, Ewlo, Hawarden, Broughton ne, Broughton S and Higher Kinnerton.

Priority 3 - 15/03/2023 - 10/05/2023 In the event of no intended purchaser being identified, qualifications as noted in a), and b) the local residency criteria is opened out to the Whole of Flintshire. The period of three years, shall be reduced to two years.

Priority 4 - 11/05/2023 In the event that no intended purchaser is identified from a), b) c), the local residency criteria is opened out to the whole of the County of Flintshire, Denbighshire and County Borough of Wrexham, and the qualifying period shall be further reduced to 12 months.

We will require £75.00 assessment fee to cover our administration costs for the assessment. This fee will also hold the property for you whilst we carry out the necessary checks. This fee is non-refundable.

You will be required to sign a Legal Charge which is a legal document that secures the 30% equity. Flintshire County Council will charge a fee of £300 for preparing this document.