2 bedroom house for sale
Hempstead Road, Holt, NR25 6DQ
Share percentage 25%, full price £300,000, £7,500 Min Deposit.
Share percentage 25%, full price £300,000, £7,500 Min Deposit.
Monthly Cost: £924
Rent £517,
Service charge £20,
Mortgage £387*
Calculated using a representative rate of 4.80%
Calculate estimated monthly costs
Your gross household income must be less than £80,000
You must have funds available to cover mortgage/legal fees and deposit
You do not own or have a mortgage on any other property
You must meet the affordability criteria for the development/plot you are interested in
Your income isn't sufficient to purchase a property outright
Summary
Brand New Two Bedroom Homes for Shared Ownership purchase
Description
** Expected Handover date February 2024**
Flagship Homes are delighted to offer a number of shared ownership for purchase at Queens Meadow, Holt built by Hopkins. These homes will be available to reserve from November 2023 with initial shares starting from 25%.
Key Features
- Heating system powered by a gas combi boiler.
- Integrated appliances to include Washing machine, Dishwasher, Fridge Freezer and oven.
- Fitted carpets and flooring throughout
- Enclosed rear gardens with turf and patio
- Off-road parking
- Staircasing to 100% available in the future
- 10-year peace of mind with the NHBC Buildmark cover
- Shares available from 25% on initial purchase
- Downstairs WC
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: New build - Council tax band to be determined
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 25%, full price £300,000, £7,500 Min Deposit. Calculated using a representative rate of 4.80%
