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£155,000
- Your household income does not exceed £80,000 (outside of London) and £90,000 (inside of London)
- You have a deposit of at least 5% of the share value
- You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
- This will be your only residence.
- You are a permanent UK resident or have indefinite right to remain.
New build 3 bedroom house in the Elderbrook development. The price advertised represents purchasing a 50% share of the home.
About the Development
Elder Brook is a stunning development by Bellway Homes. Situated just 5 miles from Peterborough centre, and located near the lovely village of Alwalton.
These properties offer a fantastic opportunity for working professionals, growing families, and first time buyers.
About the Home
The ground floor comprises of a front facing kitchen, WC and under-stair storage cupboard. To the rear of the home is the spacious lounge diner which opens out to the rear garden. The first floor offers three bedrooms and family bathroom with shower over bath.
Shared Ownership
The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright.
You can buy a minimum 50% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.
T&Cs
*Please note images are for information purposes only and may not represent a true likeness for the units being sold. Some or all images have been digitally furnished to represent how the home could be laid out and the final colours/appearance may differ from the images.
*Services Charges will apply, speak to our Sales Agent for more information. Costs are subject to change.
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