Shared Ownership is an affordable homeownership scheme where you purchase a share of a property and pay discounted rent on the remainder to a housing provider. Over time, you have the option to buy more shares and, in most cases, can staircase to 100% ownership. Learn more about Shared Ownership
House
2 bedrooms
2 bathrooms
1/7
Available
£155,400
Latimer at Hartley Acres | Clay Pit Drive, TN17 3FE
Share 37.00% / Full price £420,000 / Deposit £7,770
Shared Ownership New Build
Shared Ownership is an affordable homeownership scheme where you purchase a share of a property and pay discounted rent on the remainder to a housing provider. Over time, you have the option to buy more shares and, in most cases, can staircase to 100% ownership. Learn more about Shared Ownership
Shared Ownership New Build
Shared Ownership is an affordable homeownership scheme where you purchase a share of a property and pay discounted rent on the remainder to a housing provider. Over time, you have the option to buy more shares and, in most cases, can staircase to 100% ownership. Learn more about Shared Ownership
You cannot afford to buy a home suitable for your needs on the open market.
You will need sufficient savings for a mortgage deposit and a clean credit history to qualify for a mortgage.
Your annual household income must be less than £80,000.
You must be a first time buyer or existing shared owner. If you already own a home, you need to move but you cannot afford to, then please discuss your situation with us. There are some circumstances under which you could be eligible.
Please note, applicants that have a live or work connection to Cranbrook and the surrounding area are preferred for this development.
Description
Welcome to Latimer at Hartley Acres.
These newly-built collection of homes boast 2-bedroom coach houses and 2, 3 and 4-bedroom houses, available with Shared Ownership in charming Cranbrook, Kent.
Our selection of homes mean that you're sure to find the perfect fit whether you're looking to upsize, downsize, or take your first step onto the property ladder.
Availability:
Our first phase of two, three and four-bedroom houses have now launched.
You can add locations as 'My Places' and save them to your account. These are locations you wish to commute
to and from, and you can specify the maximum time of the commute and by which transport method.
The information displayed about this property comprises a property advertisement. Share to Buy Ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.
This calculator gives an estimate on the total monthly cost of mortgage, rent and service charge whenever applicable
£155,400
Shared Ownership New Build
Full price £420,000
Estimated monthly cost£1,498
Rent£606
Service charge£48
Mortgage£844
Calculated using a representative rate of 4.78%
Share
Deposit
£
How is this calculated?
How is this calculated?
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.
Send enquiry to the seller
Your property enquiry has been submitted to Latimer by Clarion Housing Group.
Next steps
You can check and update your enquiry in the 'My Account' area.