Share percentage 35%, full price £605,000, £10,588 Min Deposit.
Monthly Cost: £2,127
Rent £901,
Service charge £47,
Mortgage £1,179*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
You may be eligible for this property if:
- You have a gross household income of no more than £80,000 per annum.
- You are unable to purchase a suitable home to meet your housing needs on the open market.
- You do not already own a home or you will have sold your current home before you purchase or rent.
Summary
Four bedroom semi-detached home with driveway parking
Description
Featuring a kitchen / dining room with a door out to your turfed garden. The kitchen is fitted with an oven, hob, fridge freezer, dishwasher and washing machine. On this floor, you’ll also find a large living room, WC and storage cupboards.
Upstairs, there are four bedrooms, with an ensuite to the master. The central bathroom has a modern, white suite.
Flooring is included throughout your home and you'll also have two parking spaces.
- Tenure: Leasehold.
- Length of lease: 990 years.
- Predicted council tax band: Newbuild home, band to be determined.
- Service charge is reviewed once a year.
Key Features
- Integrated fridge freezer, dishwasher and washing machine
- Downstairs WC
- Ensuite to master bedroom
- Turfed back garden
- Your own parking spaces
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Floor PlanVirtual Tour
Map
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 35%, full price £605,000, £10,588 Min Deposit. Calculated using a representative rate of 5.03%
