Prices
Properties
at Hartfields are available for purchase, part-purchase (referred
to as shared-ownership) and rent. This means that there are
options available to suit various financial circumstances.
The prices for Phase I are as listed below. Note these are based
on properties with full balconies, prices for properties without or
with 'Juliette' balconies are available on request:
Full purchase
(Lease)
£165,000 Cottage
£140,000 Apartment - two-bedrooms plus
£130,000 Apartment - two bedrooms
£120,000 Apartment - one bedrooms
On vacating your home at Hartfields, we will purchase back the
property at the prevailing market value and any re-sale surplus
will be shared on a 60-40 basis (60% retained by the Trust).
However, should sale values fall we guarantee that you will receive
the purchase price that you paid.
Each household will also pay a Management and Maintenance Charge of
£17.60 per week, Service Charge of £32 per week and a Support
Charge of £21.75 per week.
Shared Ownership based on 50-50 ownership (Lease and
Tenancy)
£82,500 plus £35.20 weekly charge
Cottage
£70,000 plus £32.80 weekly charge Apartment - two bedrooms
plus
£65,000 plus £31.80 weekly charge Apartment - two bedroom
£60,000 plus £28.10 weekly charge Apartment - one bedroom
Each household will also pay a Management and Maintenance Charge of
£17.60 per week, Service Charge of £32 per week and a Support
Charge of £21.75 per week.
It may also be possible to part-purchase a cottage or apartment
from 10 per cent up to a maximum of 90%, depending on your
financial circumstances. Financial examples are available on
request.
Rent (Tenancy)
£88 per week Cottage
£83.25 per week Apartment - two bedrooms plus
£81.25 per week Apartment - two bedrooms
£73.75 per week Apartment - one bedroom
Each household will also pay a Service Charge of £32 per week and a
Support Charge of £21.75 per week.
Rents are set in accordance with the Housing Corporation's criteria
for 'affordable housing'. This means that they will be within
the criteria for Housing Benefit, for those people who are eligible
to claim.