Chess is a brand new development of stylish One & Two bedroom apartments available to purchase through Shared Ownership.
There are five apartments available consisting of 4 two bedrooms and 1 one bedroom all built to a high standard with quality fixtures and fittings.
Shared Ownership is an affordable home ownership scheme which makes it easier for first time buyers to get on the property ladder.
If you can’t quite afford the mortgage on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 25% and 75% of the home’s value) and pay rent on the remaining share. Later on, you could buy bigger shares when you can afford to
To qualify to buy a shared ownership home at Chess you may need to meet some of the following criteria
1.) You have a gross household income of no more than £80,000 per annum.
2.) You are unable to purchase a suitable home to meet your housing needs on the open market.
3.) You do not already own a home or you will have sold your current home before you purchase or rent.
4.) You live in the Three Rivers District and have done so for at least the past five years, or
have immediate family (parents, adult siblings, adult children) living in the Three Rivers District who have done so for at least the last ten years,
5.) You are employed in the District for at least 24 hours a week and for at least the last 12 months.
Call our New Homes team on 01923 608373 for more details.