This price is based on purchasing the minimum 25% share in a 2 bed house at 70,000 with a full market value of 280,000, with an initial monthly rent of 481.25pcm to pay on the 75% share you don’t own.
Eligibility conditions apply.
• Service charge estimate is 36.83pcm.
• The 25% example above shows the minimum share available. Applicants will be means
tested to confirm the share they purchase and are required to purchase the maximum
affordable % .
• Successful applicants will have a maximum of 28 days ** to exchange contracts following
VIVID’s solicitor issuing the contract pack. You must then complete on the purchase within a
maximum 5 days of either exchange of contracts or following handover from the developer.