Orient House - a great place to live, work and play

To arrange a viewing or to receive additional information on Orient House, please contact: Jubilee House Stenson Road Whitwick Business Park Coalville Leicestershire LE67 4NA Tel: 0844 892 0112 / 01530 276000 Fax: 01530 276033 Email: sales&marketing@emha.org www.emhomebuy.org.uk Contemporary Design Superb Interior Specification These particulars have been prepared in all good faith to give a fair overall view of the properties. If any points are particularly relevant to your interest in the property please ask for further information. Any areas, measurements or distances referred to are given as a GUIDE ONLY and are not precise. If such details are fundamental to a purchase, purchasers must rely on their own enquiries or those that can be performed by their appointed advisers. Where reference is made to planning permissions or potential uses such information is given in good faith. Purchasers should however make their own enquiries into such matters prior to purchase. Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquiries to ensure that our descriptions are likely to match any expectations you may have of the property. The information in these particulars is given without responsibility on the part of the Agents or their Clients.The particulars do not form any part of an offer or a contract and neither the Agent nor their employees have any authority to make or give any representations or warranty whatever in relation to this property. Orient House - a great place to live, work and play Produced by Crestline Property Marketing Services Copyright - Crestline Property Marketing Services 2008

What is New Build HomeBuy? Yes, you do get a whole property and no, you don t share it with anyone else! New Build HomeBuy is one type of Home Ownership Initiative which is designed to help people who cannot otherwise afford to purchase a house outright. A New Build HomeBuy scheme allows you to buy a share that you can afford in your home, usually 25%, 50% or 75%, by way of a mortgage or cash payment. You simply pay rent to the Association for the remainder. Although you don t own the property outright you will have all the rights and responsibilities of full home ownership.your home, but with the support of an established Association. Who Qualifies? The scheme is designed to help people who wouldn t otherwise be able to buy a home of their own for whatever reason. Priority will be given to the following groups: > Clients having registered on Bedfordshire Pilgrims HA (Key Homes East) Homebuy register. > If you have not already registered you must do so on 0845 456 6757 > Current Kettering Borough Council tenants in rented accommodation > Current tenants of a Housing Association > Other first time buyers If you would like to discuss your eligibility, please ask. How Does It Work? Firstly, you and your Building Society decide how much mortgage you can afford and accordingly what share you can afford to buy. We will then be able to tell you how much rent you will have to pay on the property you have chosen. The first share you buy will actually be in the form of a 125 year lease. Staircasing What the scheme is designed to do is to enable you to progress to outright ownership after the first 12 months of occupation. As your financial circumstances improve you can buy more shares up to a maximum of 100%. This is known as staircasing. In rural developments, staircasing may be restricted to a maximum of 70% or 80% ownership. It is up to you whether or not to take the staircasing option - you won t be forced to buy any further shares if you don t want to. If you do decide to take up this option you must apply to the Association in writing and we will send you an application form. Once we receive your application we will instruct an independent valuer to value your property and they will disregard any improvements you have made. Please note that this does not however mean that the value will be reduced by the amount of money you have spent on improvements. Cost does not equate to value but the improvements will be taken into account and will be assessed when the valuer visits your property. Please note a fee is charged to you for this valuation. We will then inform you in writing how much the further share will cost and upon completion your rent payment will reduce accordingly. What Will It Cost? As with any purchase you will be responsible for paying your own legal fees, including Local Search and Land Registry Fees. The Association s solicitor will also charge a Documentation Fee.These costs will be in the region of 1,000-2,500 but your solicitor should provide you with a quote for their services. Clients who purchase properties purchased under the New Build HomeBuy Scheme will not be required to pay stamp duty until they own 80% of your home. Stamp Duty is usually within the region of 1% of the full property price. We recommend that you discuss this matter in detail with your solicitor for further clarification. Your Bank or Building Society will charge a survey/ mortgage valuation fee, if appropriate which is usually in the region of 150.00 and a deposit if required. You will need to check the cost of these services with your Bank or Building Society.You may also have removal fees to pay. Once you have moved into your new home the running costs will be your mortgage payment, the rent, the service charge, house contents insurance, council tax and normal bills associated with living in your own home (gas, electricity and water). The rent is reviewed every year. It will rise or fall in line with the Retail Price Index ( cost of living ). Maintenance Repairs There is a service charge to pay which will cover the cost of some of these works within communal areas. However, you will be responsible for all other works to the property which is not deemed communal. Further details with this regard can be found in the Purchasers Information Pack a copy of which can be issued upon request. As with any other homeowner, you will also be responsible for all the repairs and maintenance which may be required to the property regardless of the share that you actually own. The Mortgage It is your responsibility to arrange the mortgage for the share you wish to buy. Most high street Banks and Building Societies will be able to give you help and advice with this. Alternatively, you may decide to use an independent financial adviser to help you arrange the best type of mortgage for your particular circumstances. We will also consider applications from people who are able to buy their share either partly or wholly with cash, provided that they meet the other criteria for the scheme. Can I Make Improvements or Alterations? Yes, you can improve or make alterations to your home. All you must do is request, in writing, the Associations agreement to your proposals. This agreement will not be unreasonably withheld. Can I Sell? Yes. Just because you own part of the property there is nothing to stop you from selling that share and moving on.this is known as Lease Assignment. If you do decide to move, contact the Association's Sales and Marketing Team straight away. We will advise you what to do next, and we may have a waiting list of people who would like to buy a New Build HomeBuy home like yours. If we cannot find anyone to purchase your home then you will have to do it through an estate agent, you must tell them that it is a New Build HomeBuy property and you will be responsible for their fees. When you find a purchaser please let us know straight away as the new purchaser must fit our criteria and be fully approved by the Association. Please note East Midlands Housing Association charge an administration fee when selling your property, details available on request. Sinking Fund Please be aware that when your property is sold on, a charge equivalent to half (one half) a percentage of the resale value for every year and part of a year the lease has expired. This will be paid by yourselves and retained by the Association. This as a contribution towards a sinking fund to cover major repair items in the future and is applicable to apartments purchased under the New Build HomeBuy Scheme and those for Outright Sale. Rental Payments Please see the attached price list of rental payments for Orient House, Kettering. The rent is normally due on the first day of the month, in advance. You will be asked to pay the correct proportion of rent due at the time of completion of your purchase. Following completion, you will be sent a Bankers Order form to pay your rent from then on. If you would like to pay by a different method, this can be arranged through your Housing Officer at your local office. Should you ever be unable to pay either your rent or mortgage you must contact the Association and your lender immediately. If you have financial difficulties, guidance is available if you explain your situation at an early stage. Often, short term difficulties can be overcome, but if not, your lender does have the right to take possession of your home. Service Charge There will also be a service charge payable on each of these 34 apartments which will cover all communal maintenance / works within Orient House. The Service Charge for each plot is confirmed on the attached price list. Your home is at risk if you do not keep up payments on a mortgage or other loans secured on it. Built in 1915, Orient House stands as a landmark in the history of British hosiery manufacturing. Originally owned by the Kettering Industrial Co-operative Society, in its heyday, some 5000 employees worked at the site manufacturing all manner of hosiery and shoes. Today, East Midlands Housing have transformed Orient House into an inspirational place to live 46 one and two bedroom apartments covering 4 floors. East Midlands Housing and their development partners Mansells, have worked tirelessly to keep as many of the original features in place, sympathetic to the buildings industrial roots, whilst understanding the needs of 21st century modern living. An excellent blend of a contemporary finish within a historic building something which the local community have been excited to see completed. Understanding the need to provide quality, affordable housing is at the heart of East Midlands Housing s ethos. 12 apartments will be available for rent, 24 available for shared ownership (either 25% / 50% / 75% equity) and 10 apartments for outright sale on the top floor. A great place to live, work and play Orient House, on Field Street in Kettering s Town Centre will set the bench mark for industrial conversion projects in the area. Due to the uniqueness of the building, special care has been taken with each apartment to ensure maximum natural light has been retained through the original post Victorian windows. Some apartments take full advantage of these windows offering panoramic views over the town. Not only has care been taken in conversion, but there has been no compromise in the finish. most frequently asked questions introduction KETTERING - NORTHANTS 2

Stunning Kitchens > Contemporary quality fitted kitchens with stylish handles, complemented with individually chosen work tops. Hand selected tiles to all splash back areas. > Diplomat chrome electric cooker with matching hob and extractor hood. > Indesit washer / dryer. > Hotpoint Ice Diamond free standing fridge / freezer (Apartments 38 to 47 only) > Stylish vinyl floor coverings s and Ensuites > A crisp white 3 piece bathroom suite to all bathrooms with chrome fittings. > Thermostatic shower over each bath with shower screen. > Ensuites with separate shower. > Heated towel rails. > Stylish vinyl floor coverings. Additional Included Features > Fitted carpets throughout > Made to measure blinds to all windows > Provision for Sky Plus > Allocated additional storage in the communal cellar (for all apartments) > Allocated parking space (one per apartment) > External bollard lighting and internal communal timed lighting. > Video entry system (for all apartments) > Secure motorised entrance gates > Secure cycle store (for all residents use) > En Suite bathrooms (to selected apartments) > Lift access to all floors superb specification KETTERING - NORTHANTS 4

Location Being just 2 or 3 minutes walk from Kettering Town Centre, Orient House could not be more convenient for local facilities including: Sainsbury s (with ATM) / Farm Foods / Take Away Shops / Pharmacy / Doctors Surgery / Blockbuster / Hairdressers / Library plus all the usual shops you would expect to find in a bustling town centre. Transport Kettering benefits from an excellent bus service which links to all local destinations as well as the main bus stations at Leicester and Peterborough. Both offer nationwide coverage. Kettering also has a mainline train station allowing easy access to the national rail network. Leicester is just 26 minutes away and you could be in London within an hour. Education There is a choice of Infant, Primary and Secondary schools within a couple of miles as well as child care options. For more information regarding educational options, please consult www.northamptonshire.gov.uk. Sports and Fitness The local Arena Sports centre has Squash, Badminton, Martial Arts and Dance Studios with the added facility of a crèche. The Kettering Conference and Leisure Centre has an excellent swimming pool and fitness facilities. There are also a number of private membership independent health clubs and spas offering gyms / workout studio sessions / swimming / health and beauty treatments. There are 3 golf clubs very nearby and many more in the surrounding countryside. Socialising and Entertainment Kettering Town centre and the surrounding area has a great many pubs and restaurants to choose from. Other nearby towns of Market Harborough, Corby, and the City of Leicester provide endless opportunities for great nights out. Pegasus Court is just 5 minutes away by car and offers a multiplex cinema, a number of pubs and restaurants. Wicksteed Park (a family adventure park) is also nearby. out and about KETTERING - NORTHANTS 6

Apartments 14 to 37 are offered for SHARED OWNERSHIP. Subject to status, you can purchase between 25% and 75% of the property. For further information and an application form, please contact the Sales & Marketing Team at East Midlands Housing on 0844 892 0112. Apartment 14 5.68m (18 8 ) max x 4.80m (15 9 max) 5.32m (17 5 ) max x 2.57m (8 5 ) 3.42m (11 3 ) x 2.34m (7 8 ) 1.72m (5 8 ) max x 2.05m (6 8 ) max Apartment 20 8.90m (29 3 ) max x 3.98m (13 0 ) max 3.49m (11 5 ) max x 3.28m (10 9 ) max 3.49m (11 5 ) max x 3.22m (10 7 ) max 2.16m (7 1 ) x 1.88m (6 2 ) 21 Apartment 15 7.93m (26 0 ) max x 2.80m (9 2 ) max 4.41m (14 6 ) x 2.48m (8 2 ) 2.25m (7 5 ) max x 2.09m (6 10 ) max Apartment 21 5.08m (16 8 ) max x 4.82m (15 10 ) max 3.88m (12 9 ) max x 2.76m (9 1 ) max 2.27m (7 5 ) max x 1.88m (6 2 ) max 16 15 17 18 14 19 LIFT 25 20 24 23 22 Apartment 16 8.05m (26 5 ) max x 2.82m (9 3 ) max 4.95m (16 3 ) max x 2.71m (8 11 ) max 2.17m (7 1 ) x 1.85m (6 1 ) max Apartment 17 5.39m (17 8 ) max x 4.47m (14 8 ) max 4.89m (16 0 ) max x 2.50m (8 2 ) max 3.21m (10 6 ) x 2.75m (9 0 ) 2.25m (7 4 ) max x 1.85m (6 1 ) max Apartment 18 4.46m (14 7 ) max x 3.95m (12 11 ) max 4.53m (14 10 ) max x 2.75m (9 0 ) 3.49m (11 5 ) max x 3.11m (10 2 ) max 2.50m (8 2 ) x 1.86m (6 1 ) Apartment 19 5.89m (19 4 ) x 3.65m (12 0 ) 4.19m (13 7 ) x 2.48m (8 1 ) 6.16m (20 2 ) max x 2.46m (8 1 ) max 2.47m (8 1 ) max x 1.99m (6 6 ) max Apartment 22 7.22m (23 8 ) max x 3.37m (11 1 ) max 3.34m (10 11 ) max x 3.48m (11 5 ) max 6.31m (20 8 ) max x 3.15m (10 4 ) max 2.07m (6 9 ) max x 1.83m (6 0 ) Apartment 23 4.64m (15 2 ) x 4.38m (14 4 ) 4.13m (13 6 ) max x 2.63m (8 8 ) 3.30m (10 10 ) x 2.65m (8 8 ) 2.82m (9 3 ) max x 1.88m (6 2 ) Apartment 24 6.67m (21 10 ) max x 4.67m (15 4 ) max 3.52m (11 7 ) x 3.25m (10 8 ) max 2.13m (7 0 ) max x 1.70m (5 7 ) 3.49m (11 5 ) max x 3.66m (12 0 ) max 2.16m (7 1 ) x 1.75m (5 9 ) Apartment 25 5.49m (18 0 ) max x 3.80m (12 6 ) max 3.49m (11 4 ) x 3.19m (10 6 ) max 2.24m (7 4 ) x 1.88m (6 2 ) first floor KETTERING - NORTHANTS 8

28 27 Apartments 14 to 37 are offered for SHARED OWNERSHIP. Subject to status, you can purchase between 25% and 75% of the property. For further information and an application form, please contact the Sales & Marketing Team at East Midlands Housing on 0844 892 0112. 29 30 26 31 LIFT 37 33 32 34 35 36 Apartment 26 5.69m (18 8 ) max x 4.65m (15 3 ) max 4.09m (13 5 ) max x 2.35m (7 9 ) 1.61m (5 4 ) x 2.03m (6 8 ) Apartment 27 7.89m (25 10 ) max x 2.90m (9 6 ) max 4.32m (14 2 ) max x 2.53m (8 4 ) max 2.27m (7 5 ) max x 2.08m (6 10 ) max Apartment 28 8.03m (26 4 ) max x 2.83m (9 3 ) max 5.07m (16 7 ) max x 2.71m (8 10 ) max 2.14m (7 0 ) x 1.86m (6 1 ) max Apartment 29 5.37m (17 7 ) max x 4.48m (14 8 ) max 4.95m (16 3 ) max x 2.49m (8 2 ) max 3.22m (10 7 ) x 2.79m (9 2 ) 2.25m (7 5 ) max x 1.88m (6 2 ) max Apartment 30 4.48m (14 8 ) max x 3.96m (13 0 ) max 4.54m (14 11 ) max x 2.71m (8 11 ) max 3.48m (11 5 ) max x 3.13m (10 3 ) max 2.48m (8 2 ) x 1.86m (6 1 ) Apartment 31 5.87m (19 3 ) max x 3.65m (12 0 ) max 4.24m (13 11 ) x 2.48m (8 2 ) 6.14m (20 2 ) max x 2.47m (8 1 ) max 2.47m (8 1 ) max x 2.00m (6 7 ) max Apartment 32 8.91m (29 3 ) max x 3.97m (13 0 ) max 3.22m (10 7 ) x 3.05m (10 0 ) max 3.51m (11 6 ) max x 3.21m (10 6 ) max 2.15m (7 0 ) max x 1.86m (6 1 ) max Apartment 33 6.23m (20 5 ) max x 4.85m (15 11 ) max 3.97m (13 0 ) max x 2.68m (8 9 ) max 2.25m (7 4 ) max x 1.87m (6 2 ) max Apartment 34 7.25m (23 9 ) max x 3.35m (11 0 ) max 3.34m (10 11 ) x 3.46m (11 4 ) 6.30m (20 8 ) max x 3.21m (10 6 ) 2.05m (6 8 ) max x 1.82m (6 0 ) max Apartment 35 4.62m (15 2 ) x 4.32m (14 2 ) 4.12m (13 6 ) max x 2.62m (8 7 ) 3.28m (10 9 ) x 2.61m (8 7 ) 2.86m (9 5 ) max x 1.87m (6 1 ) max Apartment 36 6.71m (22 0 ) max x 4.66m (15 3 ) max 3.54m (11 7 ) max x 3.23m (10 7 ) max 2.12m (7 0 ) max x 1.70m (5 7 ) max 3.68m (12 1 ) max x 3.26m (10 8 ) max 2.18m (7 2 ) x 1.75m (5 9 ) Apartment 37 5.52m (18 1 ) max x 3.81m (12 6 ) max 3.42m (11 2 ) max x 3.16m (10 4 ) max 2.25m (7 4 ) x 1.86m (6 1 ) second floor KETTERING - NORTHANTS 10

Apartments 38 to 47 are available on an OUTRIGHT SALES basis. Please contact the Sales & Marketing Team at East Midlands Housing on 0844 892 0112 for further details. 44 43 45 46 Apartment 38 5.96m (19 7 ) max x 5.17m (16 11 ) max 4.34m (14 3 ) max x 2.82m (9 3 ) max 2.30m (7 6 ) x 1.93m (6 4 ) Apartment 39 8.12m (26 8 ) max x 4.27m (14 0 ) max 3.33m (10 11 ) x 3.58m (11 9 ) 4.89m (16 0 ) max x 3.57m (11 8 ) max 2.32m (7 7 ) x 1.80m (5 11 ) Apartment 40 4.94m (16 3 ) x 4.58m (15 0 ) 3.95m (13 0 ) max x 3.81m (12 6 ) 1.79m (5 10 ) x 1.61m (5 3 ) 4.48m (14 8 ) x 2.33m (7 8 ) 2.22m (7 3 ) x 1.83m (6 0 ) Apartment 43 7.92m (26 0 ) max x 3.71m (12 2 ) 3.59m (11 9 ) max x 3.25m (10 7 ) max 2.23m (7 4 ) x 1.24m (4 0 ) 3.76m (12 4 ) x 2.89m (9 6 ) 2.42m (8 0 ) x 1.78m (5 10 ) Apartment 44 7.41m (24 4 ) max x 3.58m (11 9 ) max 4.76m (15 7 ) x 2.93m (9 7 ) 2.46m (8 1 ) x 1.89m (6 2 ) Apartment 45 6.02m (19 9 ) max x 4.78m (15 8 ) max 3.47m (11 5 ) x 3.46m (11 4 ) 5.69m (18 8 ) max x 2.77m (9 1 ) 2.41m (7 11 ) x 1.82m (5 11 ) 40 41 39 38 42 47 Apartment 41 7.20m (23 7 ) max x 3.69m (12 1 ) max 4.54m (14 11 ) max x 3.79m (12 5 ) max 2.14m (7 0 ) max x 2.09m (6 10 ) max 4.50m (14 9 ) max x 3.69m (12 1 ) max 2.64m (8 8 ) x 1.88m (6 2 ) Apartment 42 5.59m (18 1 ) max x 5.28m (17 4 ) max 3.75m (12 3 ) max x 3.25m (10 8 ) max 3.21m (10 6 ) x 2.25m (7 4 ) 1.80m (5 10 ) x 2.04m (6 8 ) Apartment 46 6.19m (20 4 ) max x 4.60m (15 1 ) max 3.43m (11 3 ) x 3.70m (12 1 ) 3.99m (13 1 ) x 2.65m (8 8 ) 2.27m (7 6 ) x 1.87m (6 2 ) Apartment 47 6.41m (21 0 ) max x 5.55m (18 2 ) max 4.64m (15 3 ) max x 4.10m (13 5 ) max 3.13m (10 3 ) max x 1.29m (4 3 ) max 7.03m (23 0 ) max x 3.42m (11 3 ) max 1.86m (6 1 ) x 2.00m (6 7 ) third floor KETTERING - NORTHANTS 12

A GREAT PLACE TO LIVE, WORK AND PLAY A Stylish Development of 46 1 & 2 Bedroomed Apartments covering 4 Floors Orient House is built to an impressive standard and is positioned within the town centre of Kettering - a bustling community with a wealth of amenities.