15% Discount to Eligible Buyers - Full Market Value £325,000 before Discount - Popular Leybourne Chase Development - A Two Bedroom Terrace Home - Own Driveway to Front - Enclosed Rear Garden

DISCOUNT PURCHASE SCHEME*** To be eligible for the Discount Purchase Scheme you must meet all of the following criteria;
Essentially, eligible households need to have an income of less than £80,000 a year, be a first time buyer (or demonstrate that they are unable to purchase on the open market without assistance) and have a connection to Tonbridge and Malling through permanent employment, current address or immediate family members.
You can find key information in the Discounted Sale Affordable Home Ownership Policy.

Freehold
EPC: B
Council Tax: D
Annual Service Charge approx £650/£700
Standard and Superfast Broadband Available, Ultrafast Full Fibre Due Before Dec 2024


Eligibility :


To be eligible for a discounted sale affordable home in Tonbridge and Malling
purchasers need to:
• Be a first-time buyer, as defined in paragraph 6 of schedule 6ZA of the Finance Act
2003. You and anyone you are buying with must not own a home or have owned
one in the past in the UK or abroad (National criteria).
o For DOMV homes a household could be a first-time buyer or used to own a
home (or have an interest in one) but can’t afford to buy one on the open
market now.
• Have a local connection – as outlined below. Only one purchaser needs to have a
local connection (Local criteria)
• Have a gross annual household income of less than £80,000 (local criteria)
• Use a mortgage or home purchase plan to fund at least 50% of the discounted
purchase price (National criteria) – First Homes only.
To be a first-time buyer you:
• Do not and have not previously acquired via purchase, gift, trust or inheritance a
major interest in a dwelling or an equivalent interest in residential land situation
anywhere in the world; and/or
• Benefited from any form of sharia mortgage finance.
You will need to sign a declaration that you are a first-time buyer.
You have a local connection if you:
• currently live in the borough and have lived here for at least the last 12 months or 3
of the last 5 years; or
• are permanently employed (full time or part time) in the borough, or need to move
into our borough in order to take up an offer of permanent employment; or
• have close family members (parent, step-parents, brothers/sisters including step
siblings, adult children (aged over 18) and grandparents who currently live in the
borough and have lived here for at least the last five years; or
• are a serving member of the Regular Forces or a former member within five years of
discharge (or a bereaved spouse or civil partner of such a member), or a serving or
former member of the Reserve Forces who needs to move because of a serious
injury, medical condition or disability sustained as a result of their service; or
• have some other special reason for needing to reside in the borough, for example
you:
o are currently residing outside the borough but are fleeing violence or
harassment (including hate crime); or
o are currently residing outside the borough but need to move into the
borough in order to provide or receive significant and ongoing care or
support to or from a close family member (as listed above); or
3.4
o have no local connection to any local authority area.
Permanent employment can be full or part time (minimum of 16 hours per week
contracted) employment. Temporary employment, sub-contract work for a locally
based company and training or education are not included. Self-employment will need
to be evidenced and based on the address that the company is registered.
3.5
3.6
In order to satisfy the eligibility criteria you will need to provide evidence of the
following:
• Your local connection, as defined above: proof of your residence in the borough or
employment. This can be evidenced by providing copies of tenancy agreements,
Council Tax bills in your name for the relevant period, copy of letter showing
registered on electoral role, copy of your contract of employment or other formal
confirmation of employment or offer of employment.
• Gross annual household income of less than £80,000. The incomes of all purchasers
will be taken into account. This can be evidenced by providing the last three wages
slips for each purchaser.
• First time buyer status, through signing a declaration.
You will be asked to sign a declaration to confirm all the information you provide is
truthful and accurate.