Moat Homes: Rare opportunity to live at Kings Hill, Tonbridge

One and two bedroom Shared Ownership apartments at Gloster Chase

If you’re in the market to buy a home but struggling to get a deposit together, Shared Ownership might be the answer. Moat Homes has released a collection of one and two bedroom apartments in the exclusive Kings Hill, Tonbridge for Shared Ownership.

What’s in Kings Hill?

Kings Hill is one of very few places outside of London where everything you could need is within walking distance.

Kings Hill has 100 acres of public open space including a new linear park as its centre. There are two supermarkets – Asda and Waitrose – as well as an array of independent retailers. When it comes to dining out, The Spitfire pub is popular with residents, as well as The Swan in nearby West Malling. Kings Hill is home to several sporting clubs and societies. It also has a David Lloyd leisure centre with heated swimming pools, tennis courts, a fitness suite and a spa for when it’s time to relax and unwind.

If you want to venture a bit further, the charming West Malling high street and Manor Park Country Park are a short drive away. The towns of Maidstone and Tonbridge are also easy to get to by car or train.

What do the apartments come with?

All of the one and two bedroom apartments at Gloster Chase come with everything you could need for stress-free living, including quality flooring throughout, fully-fitted kitchen with integrated appliances and build warranty.

You’ll also have your own private outside space as each home comes with a balcony. Some look onto ancient woodland, perfect for peace and relaxation.

How does Shared Ownership work?

Saving up for a deposit can be challenging. With Moat’s Shared Ownership scheme, you purchase a share of a property (usually between 25% and 75%) and pay subsidised rent on the remainder.

You’ll only need a mortgage for your share price, not the full value of the home, so you can secure your dream home with a smaller mortgage deposit. The monthly mortgage payment, rent and service charge can also sometimes work out to be cheaper than privately renting.

How much will it cost?

From £1,008 a month, which includes your mortgage repayments, rent and service charges*.

When can I move in?

The homes are available to reserve off-plan now and you’ll be able to move in from April 2024.

To register your interest for these homes, complete your application form on https://moathomes.co.uk/homes/moat-at-gloster-chase

Alternatively, contact Ben at Moat Homes on 0785 091 7673 or ben.davis@moat.co.uk.

* Based on a 25% share of a one bedroom apartments with a full market value of £260,000. Mortgage repayments are based on a 6% interest rate.

Share to Buy is a one stop shop for affordable homes. On our website, you can search for properties, compare mortgages and find out all you need to know about alternative home-buying schemes such as Shared Ownership via our article index