1 bedroom apartment for sale
Thanet Way, CT5 1PR
Share percentage 25%, full price £210,000, £2,625 Min Deposit.
Share percentage 25%, full price £210,000, £2,625 Min Deposit.
Monthly Cost: £762
Rent £400,
Service charge £100,
Mortgage £262*
Calculated using a representative rate of 3.94%
Calculate estimated monthly costs
Summary
Shared ownership at Whitstable Heights
Description
1 & 2 bedroom apartments and 2, 3 & 4 bedroom houses for sale through the shared ownership scheme, suitable for first time buyers and growing families
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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 25%, full price £210,000, £2,625 Min Deposit. Calculated using a representative rate of 3.94%
