Share percentage 30%, full price £247,500, £3,713 Min Deposit.
Share percentage 30%, full price £247,500, £3,713 Min Deposit.
Monthly Cost: £761
Rent £361,
Service charge £30,
Mortgage £370*
Calculated using a representative rate of 3.94%
Calculate estimated monthly costs
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.
Summary
New phase now available
Description
Sovereign is excited to announce that a brand new 2 bedroom semi detached home is available to apply for now at Blackmore Meadows in the pretty North Dorset town of Stalbridge.
This home has a private garden and allocated parking. There's a modern fitted kitchen complete with oven, hob and extractor, an open plan kitchen/dining room, separate living room, a stylish family bathroom and a downstairs cloakroom. Carpets and flooring are provided throughout.
Stalbridge is situated on the edge of the Blackmore Vale, surrounded by countryside and within easy reach of Sherborne and Sturminster Newton. The town centre has a variety of shops, including an independent supermarket, a butcher, an optician, a Post Office and pub.
A local connection to the Dorset Council area is required. Priority will be given to those in the North Dorset district.
Contact our sales team today to find out more.
Key Features
- Modern fitted kitchen with built-in oven, hob and extractor
- Downstairs cloakroom
- Stylish bathroom suite
- Carpets and flooring provided throughout
- Two allocated parking spaces
- Private enclosed garden laid to lawn
Property Downloads
Floor Plan Brochure Price List Energy CertificateMap
The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together, rent, service charge and mortgage.
- 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.
Share percentage 30%, full price £247,500, £3,713 Min Deposit. Calculated using a representative rate of 3.94%
