Share percentage 40%, full price £295,000, £5,900 Min Deposit.
Monthly Cost: £1,103
Rent £406,
Service charge £25,
Mortgage £672*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Eastlight considers applications on a first come first served basis.
Serving members of the British Armed Forces and those honourably discharged in the last two years are considered a priority group.
Surviving partners of regular service personnel who have died in service and have applied within two years of the bereavement are also considered a priority.
Summary
Two bedroom house available at Mount Hill development in Halstead
Description
Eastlight will have a number of 2 bedroom houses at the Mount Hill development in Halstead for Shared Ownership which are due to be available from July 2024.
Halstead is a traditional market town which benefits from a bustling high street with a variety of shops, restaurants and leisure facilities. An array of schools and local heath centres as well as good access to Braintree and Colchester also make this an sought after place to live for first time buyers and families alike
Set against a rural backdrop, Mount Hill is located to the south of Halstead within walking distance of the high street.
*Please note all service charges are currently estimated*
*All images are for illustrative purposes only*
*The rear gardens differ in gradients, please enquire for plots specific details*
Key Features
- Integrated oven, hob and hood
- Carpets Throughout
- Vinyl flooring to the wet areas
- Turf to private rear garden
- Allocated parking
- BT and Clearfibre
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Key Information Document Floor PlanMap
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 40%, full price £295,000, £5,900 Min Deposit. Calculated using a representative rate of 5.26%
