With over 100 years experienced through our staff members, we’re able to get you the best of the best in the local Birmingham area, because that’s what we know. We work with landlords, buyers, tenants and students alike as well as providing full property management services to keep your property in top condition, as well as producing happy tenants.

Oakmans Estate Agents - Northfield

Typical Tenant Charges All Charges in line with Tenant Fees Act 2019 Novation of a Contract/Change of Sharer - £200 &#43; VAT (£240 inc. VAT)Additional Tenant to a HMO Contract - £50 &#43; VAT (£60 inc. VAT)Relet Fees - £400 &#43; VAT (£480 inc. VAT)Holding Deposit - Maximum 1 Weeks RentTenancy Deposit - Maximum 5 Weeks RentLoss of Keys - Cost for recovery only, based on the price of the key.Late Rent Charges - The Tenant shall pay interest at the rate of 3% above The Bank of England’s base rate on any rent lawfully due that is paid more than 14 days after the date on which it became due. The interest will be payable from the date the rent should have been paid until the date the rent is actually paid.

*70% SHARED OWNERSHIP - NO RENT PAYABLE ON OTHER 30% - OVER 60'S* A two bedroom first floor retirement apartment requiring some modernization, the property is in a great location with all amenities within walking distance, comprises; secure intercom entry door system, communal hallway with stairs to first floor, entrance hallway to flat, lounge, kitchen, two bedrooms, bathroom, communal garden, parking for residents and visitors. Oakmans believe the following details to be of a guideline, and would need to be confirmed via the management pack and by your solicitor. 70% Share with the remaining 30% held by Anchor Housing Council Tax Band A Tenure: The Agent understands the property is Leasehold with a term of 99 years created in 2001. Service Charges and Ground Rent: There is no Ground Rent however there is a Service Charge of approx. £200.00 per calendar month. The Service Charge covers insurance, window cleaning, gardening and lighting to communal areas including maintenance

Property reference 33114347. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Oakmans Estate Agents - Northfield.

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 Broadband availability and predicted speed: obtained from Ofcom on December 17, 2021

 Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

 Basic: Up to 30 Mbit/s 
 Super-fast: Between 30 Mbit/s and 300 Mbit/s 
 Ultra-fast: Over 300 Mbit/s

 The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: <a href="https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2">https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2</a>

 Mobile phone signal availability and predicted strength: obtained from Ofcom on December 21, 2021

 Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

 Clear: No bars, no signal predicted 
 Red: One bar, reliable signal unlikely 
 Amber: Two bars, may experience problems with connectivity 
 Green: Three bars, likely to have good coverage and receive a data rate to support basic web services 
 Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

 Energy Performance data and Internal floor area: obtained on February 13, 2010 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

 Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See <a href="https://www.onthemarket.com/terms/#other">here</a> for more information.

DISCLAIMER

Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.

Call rate information

Knowing the tenure is important because it affects your rights and costs associated with the property.

                                  If you do not know the tenure, you will not know how you will legally own the property and if there are any further costs & obligations you must comply with.
Shared ownership property is the option in which you purchase a percentage of the property and pay rent on the share that you do not own. You may be able to purchase the remaining share(s) at an additional cost. When you wish to sell the property you may require permission to do so.    There will be additional costs in terms of mortgage fees, valuation fees and potential fees to the Housing Association but the key issue will be affordability.
The remaining length of the lease may affect your ability to obtain a mortgage.

Tenure

Ground rent is paid under the terms of a lease to the owner of the land on which the property is built. If you do not know the ground rent, review period & conditions of review, you will be unaware of the additional costs that you may have to pay. These charges may also increase. Ground rent will not be charged for new leases granted from 30 June 2022 in England and Wales.

Ground rent

If you do not know the Council Tax band you will not know how much you need to pay.

Council tax, if payable

If you don't know the type of utilities which the property has, there may be additional costs, for example an adequate broadband connection may not be available.

Broadband

If you don't know the type of utilities which the property has, there may be additional costs, for example adequate mobile reception may not be available.

Mobile signal

If you don't know the type of utilities which the property has, there may be additional costs, for example if the water supply comes from a private well which requires regular maintenance or has water quality requirements.

Water

Knowing the nature of your heating supply is important as there may be additional considerations, for example if the property is not connected to the mains gas line and has an LPG heating system.

Heating

Knowing the nature of your electricity supply is important as there may be additional considerations, for example if the property is not connected to the national grid and has a generator instead.

Electricity

If you don't know the type of utilities which the property has, there may be additional costs, for example if the property has a septic tank that requires regular maintenance and emptying.

Sewerage

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*70% SHARED OWNERSHIP - NO RENT PAYABLE ON OTHER 30% - OVER 60'S*A two bedroom first floor retirement apartment requiring some modernization, the property is in a great location with all amenities within walking distance, comprises; secure intercom entry door system, communal hallway with stairs...

2 bedroom apartment for sale

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