Share Price £99,000 (from 45% Min. Share)

Full Value £220,000 | £4,950 Min. Deposit

Scheme: Shared Ownership Resales

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2 bedroom apartment in Milton Keynes - Milton Keynes

place Pembroke Lane, Whitehouse, MK8 1AD

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Grand Union Living

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2 Bedroom ground floor apartment available


Eligibility

Prices and Availability
Availability, prices, rent, service charge and any other details shown in the information above are subject to change without notice.

Mortgage Risk Warnings:
Your home may be repossessed if you do not keep up repayments on a mortgage or other loans secured on it.


Description

Grand Union are please to offer for shared ownership resale,this 2 bedroom ground floor apartment at Whitehouse, Milton Keynes. Available from £99,000 for a 45% share.

Please note you will need a minimum deposit of 5% and not be a current home owner.


Key Features

Whitehouse Park offers ahealth centre and a range of leisure facilities, as well as attractive open spaces and play areasfor the whole community to enjoy.Milton Keynes is a vibrant commercial hub, with Intu Milton Keynes and Centre:mk less than a 10 minute drive away. You can be at Euston station in just 35 minutes.


Download Documents

Link to the floor plan

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
£ 99,000
Min. £99,000
Share percentage
Min. 45%
Your deposit
Min. £4,950
Monthly cost*
£808
Cost breakdown
£273
Rent
£42
Service charge
£493
Mortgage*
Calculated using a representative rate of 3.94%
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Grand Union Living

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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.