3 bedroom house for sale
off Hercules Way, Sherford, PL9 8AR
Share percentage 30%, full price £300,000, £4,500 Min Deposit.
Share percentage 30%, full price £300,000, £4,500 Min Deposit.
Monthly Cost: £1,098
Rent £481,
Service charge £54,
Mortgage £563*
Calculated using a representative rate of 6.24%
Calculate estimated monthly costs
Summary
The Lavender
Description
Key Features
- Allocated parking
- Shared ownership
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Map
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 and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 30%, full price £300,000, £4,500 Min Deposit. Calculated using a representative rate of 6.24%
