Karbon Homes Rent To Buy
The new branding and identity for karbon will be.
Karbon homes rent to buy. Commercial new home development microsite added on 28 07 2020 by karbon homes karbon homes. Karbon homes is a charitable registered society under the co operative and community benefit societies act 2014 registration number 7529 and our registered office is number five gosforth park avenue gosforth business park newcastle upon tyne ne12 8eg. The smallest share you can initially buy is usually 25 and 75 is usually the maximum. Karbon homes offers the option for customers to rent a home and after 4 years occupancy to use 50 of any increased house price value as a mortgage deposit.
Home owners to qualify you must be purchasing a property as your only home and you may not qualify if you have a home to sell or have your name on a residential mortgage. Part funded by homes england the ultimate aim of the scheme is to allow you to take advantage of the reduced market rent in the 5 year term allowing you to save for a deposit after 5 years if the property is not purchased the rent will increase to be in line. When you ve found the perfect new karbon home for you you can reserve it for as little as 300. Alternatively customers can pay a reduced rent 80 of market value for 4 years and use the benefit of a 20 discount to save for a mortgage deposit.
Karbon provides homes and services from the foundations for people and places to fulfil their potential. The rent to buy scheme is a discounted rent then buy scheme offered to support our customers in getting onto the property ladder. We believe that having a strong foundation enables people to develop the life they want. Karbon homes is a charitable registered society under the co operative and community benefit societies act 2014 registration number 7529 and our registered office is number five gosforth park avenue gosforth business park newcastle upon tyne ne12 8eg.
Karbon homes karbon homes is a housing association with over 24 000 properties covering a geographical area from berwick to york. As a housing association we own or manage almost 30 000 properties across the north east of england and yorkshire and develop more homes every year. Rent to buy property available on a modern estatediscounted rent for 5 years with the option to purchase after 12 months on a shared ownership basis. Please note that outright sales can be plot development specific.
Shared ownership means you part buy part rent your home.