1 bedroom apartments to rent now available in West End, Colwyn Bay :

APPLICATIONS FOR THIS PROPERTY WILL BE CLOSED ON: 20.05.20 AT 23:45

Please apply through Tai Teg: https://taiteg.org.uk/en/properties/2-bedroom-apartment-abergele-road-west-end-colwyn-bay

2 bedroom apartments to rent now available in West End, Colwyn Bay :

APPLICATIONS FOR THIS PROPERTY WILL BE CLOSED ON: 20.05.20 AT 23:45

Please apply through Tai Teg: https://taiteg.org.uk/en/properties/2-bedroom-apartment-abergele-road-west-end-colwyn-bay

Situated on the popular Park Aberkinsey development, the PPowys is a three bedroom Intermediate rent home and has a generous lounge /dining area with separate modern, fitted kitchen and downstairs cloakroom.

Eligibility:

Age – you must be over 18 years of age
• Financial – Annual gross household income between £16,000 to £45,000
• Income – we only consider tax credit. We do not consider benefits as income
• Employment – applicants must be in employment (part-time or full-time but must
have an income of £16,000 – £45,000 gross per year) or if purchasing with savings
and can’t buy on the open market without help. (You will have to prove that you have
income towards running the property)
• Affordable – you can’t afford to rent on the open market and / or buy a property that
suits your needs
• Accommodation – to be either a first time buyer or if the current home is unsuitable
and does not meet your family’s needs
• Local Connection – you will be required to have a local connection with the area you
choose to live e.g. live, work or with family, close family connection
• Need – Homes whose income is not enough to enable them to buy or rent a suitable
home for their needs on the open market

The Chester is a detached 3 bedroom house Rent To Own property, on the Parc Aberkinsey development in Rhyl with two double rooms and one single room. This property has a living room, kitchen / diner, downstairs cloakroom, a tiled bathroom and en-suite. Applications will go live soon on the Tai Teg website.

• Gas central heating
• UPVC double glazed windows and doors
• This property is offered with carpets and flooring throughout.
• Gardens to the front and rear
• Drive way for off road parking

Applicants must be in employment and earning over £36, 000 per annum and not have a sufficient deposit to enable them to access a mortgage.

· you will have the opportunity to purchase the home you are renting and can build up a lump sum towards a mortgage deposit whilst renting the home

· you will initially rent the home and can receive 25% of the rent paid over the duration of the tenancy and 50% of the increase in the property value (if any) during the period of time you have rented the property to use as a deposit towards purchasing the property.

· your Rent to Own – Wales agreement lasts up to 5 years, you can apply to buy your home at anytime between the end of the 2nd year and the end of the agreement.

These 2-bedroom apartments are centrally located in desirable Llandudno. The apartments make great use of space, with their two bedrooms making it ideal for couples or young families.

Eligibility Criteria

• Age – you must be over 18 years of age.

• Financial – Annual gross household income between £16,000 to £45,000

• Income – we only consider tax credit. We do not consider benefits as income.

• Employment – applicants must be in employment (part-time or full-time but must have an income of £16,000 – £45,000 gross per year) or if purchasing with savings and can’t buy on the open market without help. (You will have to prove that you have income towards running the property).

• Affordable – you can’t afford to rent on the open market and / or buy a property that suits your needs.

• Accommodation – to be either a first time buyer or if the current home is unsuitable and does not meet your family’s needs e.g.
  • in need due to relationship breakdown
  • specific needs
  • affordability
  • due to family size

• Local Connection – you will be required to have a local connection with the area you choose to live e.g. live, work or with family, close family connection.

• Exemption – Service Personnel – we do consider applications even if the `Service Personnel ‘ income is ‘ zero ‘ – but there is a need to have a local connection as specifed above.