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£187,500
To be eligible for Extra Care Shared Equity you must meet the relevant age criteria for the scheme, this will either be over 55 or over 60. Please note the minimum share available is always 75% and rent is not payable on the unowned share.
To apply, please complete the following steps:
Applicants must complete an Expression of Interest form and arrange to view the property.
Upon request, applicants must provide supporting documentation noted on the Expression of Interest form so a thorough affordability assessment can be carried out. It is a Saxon Weald requirement that applicants have a maximum of £500,000 available to them in savings, assets and sale proceeds at the time of applying. Applicants who exceed this amount will be automatically declined unless there are exceptional circumstances. Please ask for further details.
If the affordability assessment is successful a Scheme and Care Manager assessment is to be carried out.
On successful completion of both assessments above, applicants will be issued with a formal offer to purchase which will need to be accepted alongside a reservation fee of £500.
A two-bedroom, first floor extra care resale apartment is available for a 75% purchase share at £187,500. This property is within an Extra Care scheme and is for ages 60 plus.
Service charges
There is a monthly charge of £594.56 (subject to final confirmation) which includes the buildings insurance, hot water and heating costs for the year 1 April 2025 to 31 March 2026.
These charges are for the current financial year and are subject to final confirmation.
Council Tax Band - C
EPC - D
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