Flexible ways to move to AxcessMK.
To be considered for an AccessMK apartment, there are certain criteria you’ll need to meet. The guidelines here give you a brief outline. To discuss your eligibility in more detail, please call 0844 800 1147.
Part-buy/Part-rent
Share the cost of home ownership to reduce your outgoings. Arrange a mortgage to by a 40% share of an apartment. Then pay subsidised rent each month on the share that you do not. own.
Once you have purchased your home you can buy additional shares (minimum 10%) as and when you can afford to, until you own 100% of your home. Each time you want to buy another share, the property is revalued and you buy the share at the current market value. The more shares that you own in hour home, the less rent you will have to pay. 61 of Axcess MK’s apartments are available for shared ownership under the government’s New Build Homebuy Scheme.
Can I apply?
- You must have British citizenship or have indefinite leave to remain
- You can’t currently own a home of your own
- You can’t afford a home on the open market
- You must have savings of around £3,500
To discuss your eligibility in detail, call 0844 800 1147.
…or buy at a low or reduced cost.
Arrange a mortgage to buy an apartment for 70% or 80% of its actual market value. You can live in the property for as long as you wish without paying any rent on the share you do not own. When you decide to sell in the future you will sell the property for its full market price and keep the value of the original percentage you bought.
Both Low and Reduced cost home ownership is subject to eligibility. To discuss, please call a member of our Sales Team.
