2 Bedroom Second Floor apartment available on the Discounted Scheme.
Affordable Price: £97,500
£100 Service Charge per month
The property is Leasehold of 999 years commencing on 17th March 2006
The house compromising of combined kitchen/lounge, two bedrooms and bathroom.
The resale residency is as follows
Priority 1
Live or work Llangollen or Llantysilio for a continuous period of 3 years prior to completion date and is in proven housing need.
If no Qualifying Person can be identified
Priority 2
Previously lived or worked Llangollen or Llantysilio for a continuous period of 3 years and is in proven housing need
If no Qualifying Person can be identified within 2 months
Priority 3
The requirements for residence or employment shall be extended to include the communities of Llandrillo, Cynwyd, Corwen, Bryneglwys and Llandegla.
If no qualifying Person can be identified within 6 months
Priority 4
If the property has been marketed for 6 months, and Grŵp Cynefin has been unable to find you a buyer who is in housing need, you would then be able to sell the apartment to a local resident from Llangollen Llantysilio or the local communities of Llandrillo, Cynwyd, Corwen, Bryneglwys and Llandegla.who is not in housing need, but at 64.79% of the market value.
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-
To qualify you must meet the Tai Teg eligibility criteria and must be in employment (full time/part time) and have an annual gross household income between £16,000 to £45,000
Households must be able to afford housing costs (rent inclusive of any service charges) and these should equate to no more than approximately 30% of gross income.
Applicants must be registered with Tai Teg to apply for a property and we aim to assess application to be on the Tai Teg register within 5 working days
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