Share percentage 10%, full price £320,000, £3,200 Min Deposit.
Monthly Cost: £662
Rent £440,
Service charge £60,
Mortgage £162*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Your gross household income must be less than £80,000
You must have funds available to cover mortgage/legal fees and deposit
You do not own or have a mortgage on any other property
You must meet the affordability criteria for the development/plot you are interested in
Your income isn't sufficient to purchase a property outright
Summary
Brand New Two Bedroom Homes for Shared Ownership purchase
Description
Flagship Homes are delighted to offer 3 x 2 bedroom houses for shared ownership purchase.
Plots 24 & 26 are 2 bedroom end terraced houses and plot 25 is a 2 bedroom mid terraced house.
Shares are available from 10-75% on initial purchase with staircasing to 100% available in the future.
Plots 24 & 26 - full market value £320,000.00
Plot 25 - full market value £310,000.00
If you wish to reserve one of these properties, contact our sales team on 01603 255444 (option 1)
Key Features
- Heating system powered by a gas combi boiler.
- Integrated appliances
- Fitted carpets and flooring throughout
- Enclosed rear gardens with turf and patio
- Off-road parking
- Staircasing to 100% available in the future
- 10-year peace of mind with the NHBC Buildmark cover
- Shares available from 25% on initial purchase
- Downstairs WC
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Key Information Document Floor Plan Energy CertificateMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes
Outside Space/Garden: n/a - Private Garden
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
- Service Charge: Covers maintenance and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 10%, full price £320,000, £3,200 Min Deposit. Calculated using a representative rate of 4.59%
