Share Price £43,000 (from 25% Min. Share)

Full Value £172,000 | £2,150 Min. Deposit

Scheme: Shared Ownership Resales

Under offer

2 bedroom apartment in Chatham - Medway

place 14 Maritime Court, Dock Road, ME4 4FH

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Two bedroom apartment available for shared ownership


Eligibility

You may be eligible for this property if:


Description

Maritime Court benefits from a fantastic location right by the Historic Dockyard in Chatham. There is a wealth of facilities within a mile of the site with Chatham town centre and railway station in one direction and then you have the Dockside outlet centre just under a mile if the opposite direction.


Key Features

Top floor apartment

Two private balconies

Allocated parking


Accessibility

F – General Needs

General needs housing does not meet any of the above criteria. Properties in this category will have more than four steps or a ramp access that is steeper than 1:10 to access the property front door. These properties should be marketed with the number of steps to access the property as this will provide an additional factor for helping people choosing what to bid for.


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Calculate Monthly Cost

Share price
£ 43,000
Min. £43,000
Share percentage
Min. 25%
Your deposit
Min. £2,150
Monthly cost*
£599
Cost breakdown
£279
Rent
£106
Service charge
£214
Mortgage*
Calculated using a representative rate of 3.94%
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Location

Disclaimer

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.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • 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 costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.


NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.