18 Barrabill Way is a 2-bedroom semi-detached house available for shared ownership with a minimum of a 40% share, located within the popular Cornish town of Launceston. This well-presented property benefits from two double bedrooms, an open plan living/kitchen/diner, two parking spaces, gas central heating, a family bathroom, an additional downstairs WC and a rear garden that has been tastefully landscaped and improved by the current owners, with artificial grass and planted beds. The kitchen features a range of base and wall-level units by Symphony Kitchens, a laminated worktop, an electric oven, an extractor chimney hood and a gas hob. The family bathroom is fitted with a contemporary white suite, glass shower screen, thermostatic shower and full-height tiling in the bath enclosure. The remainder of the property is carpeted throughout. Built in 2021, this property further benefits from the remaining 7 years of the NHBC Warranty and has 122 years remaining on the lease (125 years from new). Please note: Legal & General Affordable Homes are the freeholders of this home, with Coastline acting as Managing Agent on their behalf. To receive an application form from Coastline, please register your interest in the property by contacting us via home.ownership@coastlinehousing.co.uk and regularly check your inbox for an email from Coastline's Home Ownership Team.

Asking Price- £90,000 -

Price And Costs - 100% Value: £225,000
Advertised price (40% Share): £90,000
Rent PCM: £295.88
Service Charge: £29.29
Buildings Insurance: £18.34

Eligibility - As part of your application for a shared ownership home at this development, you are required to hold a local connection to the County of Cornwall. The local connection requirements are outlined within a planning document issued by Cornwall Council called a "Section 106 Agreement", which is unique to each new development.

Coastline Housing are responsible for approving your local connection and we will need to have all evidence of this before an offer of a property will be made.
To meet the local connection criteria for this scheme, you will need to meet one of the following:
a) Lived in the County of Cornwall for a continuous period of at least 12 months immediately prior to advertising
b) Formerly lived within the County of Cornwall for a continuous period of 5 years.
c) Your place of work (16 hours or more a week and not including seasonal employment) immediately prior to advertising
d) Have a connection through a close family member (mother, father, brother, sister, son or daughter) where the family member is currently a resident and has been so for a continuous period of at least 5 years immediately prior to advertising.
*The local connection criteria does not apply if you are a serving or previously serving member of the regular armed forces or qualifying under any other clause of the Allocation of Housing (qualification criteria for armed forces) (England) regulations 2012.

Proving Your Connection - So that we can approve your local connection, you will need to provide us with some documents as evidence.

You will need to bring this evidence with you to your application interview. If you are unsure on what you will need to provide, please contact the Sales Team.
Residency (a, b or d) - evidence to cover the relevant period for yourself or close family member**

.Full Credit report showing presence on the electoral roll - As you need to provide this to TMP as part of your financial assessment, this is the easiest way to prove criteria a or b
.Utility bills - One from each year required
.Council tax bills
.Bank/credit card statements - One from each year required
.State benefit book or receipts showing rent paid
.Payslips showing home address - One from each year required
.Written certification from either a solicitor/social worker/probation officer/inland revenue officer/police officer/teacher or doctor

**Please note that if you are using a family connection, you will also need to provide proof of family connection such as birth or Marriage certificates and change of name documentation if applicable.

Employment (c) - evidence to cover the relevant Local Connection period
.Payslips showing employers address
.Employer's letter confirming length and terms of employment (including hours worked if applicable)

Lease Information - Lease Length: 122 years.

Tenure- Leasehold -

All Enquiries - All enquiries received by The Mather Partnership will be forwarded onto Coastline Housing's Shared Ownership department to be dealt with. We will forward all of your details that you provide to us. Alternatively, please contact Coastline direct on 01209 200230 or email home.ownership@coastlinehousing.co.uk

Council Tax Band- B -

Anti Money Laundering Regulations - Purchasers - It is a legal requirement that we receive verified ID from all buyers before a sale can be instructed. We will inform you of the process once your offer has been accepted.

Proof Of Finances - Before agreeing a sale, we will require proof of your financial ability to purchase. We will inform you of what we require prior to agreeing a sale.

Broadband & Mobile Phone Coverage - To check the broadband coverage for this property please visit https://www.openreach.com/fibre-broadband. To check mobile phone coverage please visit https://checker.ofcom.org.uk/

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