Share percentage 35.00%, full price £310,000, £5,425 Deposit
Monthly Cost: £1,128
Rent £462,
Service charge £77,
Mortgage £589*
Calculated using a representative rate of 4.78%
Calculate estimated monthly costs
Summary
Brand new two bedroom homes - register now
Description
New Shared Ownership Homes in Newington – Register Your Interest Now
We’re excited to introduce a brand-new development from Fernham Homes, featuring a limited collection of three 2-bedroom and two 3-bedroom homes, available through Shared Ownership. Shares available from 10% - 75%.
Enjoy the open-plan layout with a spacious kitchen and dining area offering garden views. Relax in the roomy living area with ample under-stairs storage and two well-planned bedrooms. Don’t miss your chance to own a high-quality home in a desirable location.
Register your interest today to be considered for one of these limited homes.
Key Features
- Located in a sought-after area
- Allocated parking for each home
- Integrated kitchen appliances
- Built-in wardrobe in bedroom 1 for convenience
- Air source heat pump for energy efficiency
- Underfloor heating on the ground floor for year-round comfort
- Expected occupation: August 2025
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 Brochure Price ListMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes - Allocated
Outside Space/Garden: Yes - 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 £310,000, £1,550 Min Deposit. Calculated using a representative rate of 4.78%
