Share Price £152,250 (from 35% Min. Share)

Full Value £435,000 | £7,613 Min. Deposit

Scheme: Shared Ownership

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Levett Fields, Ringmer - 3 bed house in Ringmer - East Sussex

place Lower Lodge Farm, Laughton Road, BN8 5NQ

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New build 3 bed house available through Shared Ownership


Description

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Twenty two Shared Ownership homes that form part of the Levett Fields scheme in Ringmer, Sussex, a mix of two 2 bed flats, one 3 bed bungalow, two 2 bed houses, thirteen 3 bed houses and four 4 bed houses.

Ringmer is one of the largest villages in Sussex. It is situated in the heart of Lewes District in the rolling downland and Sussex Weald. The county town of Lewes is approximately 3 miles away, with the sea front at Brighton, a further 9 miles away.

The village is set within the backdrop of the downs and surrounded by open agricultural land. There is a strong sense of community and identity in the village. It is also of sufficient size to have a good range of services and local activities.


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Calculate Monthly Cost

Share price
£ 152,250
Min. £152,250
Share percentage
Min. 35%
Your deposit
Min. £7,613
Monthly cost*
£1,448
Cost breakdown
£647
Rent
£42
Service charge
£759
Mortgage*
Calculated using a representative rate of 3.94%
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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.