Pricing to be confirmed

Scheme: Shared Ownership Resales

Coming soon

3 bedroom house in Peterborough - City of Peterborough

place Mallory Drive, Yaxley, PE7 3AF

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Three Bedroom Terraced House in Peterborough soon to become available through the Shared Ownership scheme


Description

This three bedroom mid-terrace house in Yaxley, Peterborough is due to become available to purchase through the Shared Ownership scheme.

Full Market Value: TBC
Estimated Monthly Service Charge: £17.46

THIS PROPERTY IS EXPECTED TO BECOME AVAILABLE IN AUGUST 2020*

All applicants will need to be registered and approved by Help to Buy - this can be done on their website 'Help to Buy Agent 3'.

 

Local Information

Yaxley is a village and civil parish in Cambridgeshire, England. Yaxley lies approximately 4 miles (6 km) south of Peterborough, just off the A15 road.

Yaxley is situated within Huntingdonshire which is a non-metropolitan district of Cambridgeshire as well as being a historic county of England. The village is located near the Hampton township, and is approximately three miles north-east of junction 16 of the A1(M) at Norman Cross.

 

Shared Ownership, how does it work?

If buying a home seems out of reach, Shared Ownership* could be the answer and offers a great alternative to renting. Initial shares of between 25% and 75%** of our properties are available, you will pay a subsidised rent on the remaining share.

In the future you can purchase further shares in your home*** or sell your share and move on.


*Properties are offered as leasehold.

** Shares offered are based on business need.

***Some properties are restricted to the level of share you can purchase.

Please note: Your home may be repossessed if you do not keep up repayments on your mortgage.

All applicants will need to be registered and approved by Help to Buy at their website. 

 

*Expected availability date is a prediction and is liable to change.

Service charge amount is an estimate and is liable to change.


Key Features

  • Coming Soon
  • Shared Ownership
  • Shares available to purchase between 25-75%

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Domovo Asset Sales

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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.