27 Joan Mount Gardens, Belfast, BT14 6NX

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Buy this property with FairShare

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You could buy a 50% share of this property for £34,975 through the FairShare shared ownership scheme. See the FairShare illustration below for typical monthly mortgage and rent costs.

Property details

Excellent property for a first time buyer seeking somewhere that requires nothing to do but move in. This spacious semi-detached property has been completely renovated, boasting modern features throughout to include good sized living room with newly fitted laminate flooring. The kitchen is modern with an excellent range of high and low level cream shaker style units with vinyl flooring and part tiled walls. To the rear of the property is a walk-in storage cupboard with gas boiler. Upstairs, both bedrooms are neutrally decorated with newly fitted carpet flooring. The family bathroom has a contemporary three piece white suite with WC, WHB, and bath with overhead shower including chrome heated towel rail. Externally, to the rear of the property is a large garden, partially paved, whilst to the front is a paved driveway. This really is a fantastic property that will no doubt make a great home. Early viewing strongly recommended. For more information, please contact the sales team at Northern Property today. Call 02890324555

Get help to buy this property with FairShare

FairShare is a shared ownership scheme for Northern Ireland. If you are trying to get onto the property ladder, but can’t get a big enough mortgage then FairShare might be for you.

Buy a share

If you are eligible for FairShare you could take your first steps into home ownership by buying a share of this property now, with the option to buy more, or all of the property when it suits you. The initial share that you buy must be between 50% and 90% of the property.

Rent a share

If you opt to buy a 50% share of this property, you will be required to pay rent on the remaining 50% share purchased by your FairShare partner. FairShare rent is set at 2.5% per annum (subject to annual review).

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Typical monthly costs to buy a 50% share of 27 Joan Mount Gardens

fairshare-50-50

Property price
£69,950
Buy 50% share
£34,975
Deposit1
£3,498
Mortgage 5-yrs2
£158
Rent3
£73
Monthly Costs
£231

Example FairShare illustration above is based on: buying 50% share and renting 50% share of this property; 1 putting down a mortgage deposit of 10% of the value of the share being purchased; 2 taking out a first time buyer mortgage over a 25-year term with the rate of interest fixed for first 5 years at 3.49%; 3 FairShare rent charged: 2.5% per annum (subject to annual review). Terms and conditions will apply.

Where can I get a mortgage?

There are currently 3 major UK lenders providing mortgages for the FairShare shared ownership scheme - Halifax, Nationwide and Santander.

Get an idea of costs with FairShare

Use the FairShare calculator to get an idea of typical monthly mortgage and rent payments. Use the calculator to see the effect of different starter shares (50-90%), mortgage interest rates, mortgage terms and any deposits that may be required.

Use the FairShare calculator to work out typical monthly payments.

Who is my FairShare partner for this property?

Your FairShare partner for this property is Apex, one of 3 major housing associations in Northern Ireland - Apex and Clanmil - who are providing help for homebuyers through the FairShare shared ownership scheme.

Who pays for buildings and contents insurance?

Your FairShare partner will ensure that buildings insurance for this property is in place. You will be required to pay a small charge toward the cost of buildings insurance for your share of the property. However, it will be your responsibility to have appropriate contents insurance in place.

Low-cost buildings insurance provided by FairShare Partner

fairshare buildings insurance

Contents insurance responsibility of Homeowner

fairshare buildings insurance

Apply to buy 27 Joan Mount Gardens with FairShare

Enquire about this property today

We’re here to help. If you have any questions on how to proceed, just contact us.

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Information

The FairShare scheme requires that you use a repayment type mortgage. Interest only mortgages are not permitted with FairShare.

You should consult an independent financial adviser before committing to buy this property.

Property values can fall as well as rise.