Share Price £56,000 (from 40% Min. Share)

Full Value £140,000 | £2,800 Min. Deposit

Scheme: Shared Ownership

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Hayne Farm - 1 bed apartment in Honiton - Devon

place Hayne Lane, EX14 3PD

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Brand new 1 bedroom apartments


Eligibility

Who is it for?

As long as you are over 18
Your household income is less than £80,000
And you don’t already own a home at the time of buying your shared ownership property

… then shared ownership could be right for you.


Description

Sovereign Living is excited to announce that only a few of the one bedroom apartments remain available with shared ownership at the established Hayne Farm development near Honiton, Devon.

These new homes benefit from modern open-plan living, carpets and flooring provided throughout, a stylish bathroom suite and an allocated parking space.

AVAILABLE FOR IMMEDIATE OCCUPATION.

Sorry no pets.


Key Features

These apartments benefit from:

  • Open-plan kitchen/living/dining
  • Carpets & flooring provided throughout
  • Stylish bathroom suite
  • Useful entrance hall storage cupboard
  • One allocated parking space

Download Documents

Link to the floor plan Property brochure 1 Property price list Energy Certificate

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Calculate Monthly Cost

Share price
£ 56,000
Min. £56,000
Share percentage
Min. 40%
Your deposit
Min. £2,800
Monthly cost*
£495
Cost breakdown
£175
Rent
£50
Service charge
£270
Mortgage*
Calculated using a representative rate of 3.64%
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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.