3 bedroom house for sale
Dark lane, EN7 5EB
Share percentage 30%, full price £550,000, £8,250 Min Deposit.
Share percentage 30%, full price £550,000, £8,250 Min Deposit.
Monthly Cost: £1,853
Rent £882,
Service charge £31,
Mortgage £940*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
You may be eligible for this property if:
- You have a gross household income of no more than £80,000 per annum.
- You are unable to purchase a suitable home to meet your housing needs on the open market.
- You do not already own a home or you will have sold your current home before you purchase or rent.
Summary
3 Bedroom Shared Ownership Homes
Description
settle are delighted to announce brand new shared ownership homes available at Wolsey Manor, Cheshunt. These homes are beautifully designed and offer contemporary space to call home.
These homes are exclusive to those currently living or working in the Borough of Broxbourne, you will be required to provide proof of address before being allocated a home at Wolsey Manor.
Key Features
- 3 Bedrooms
- Detached Houses
- Parking
- Private Gardens
- Desired Location
Particulars
Tenure: Leasehold
Lease Length: 999 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 30%, full price £550,000, £8,250 Min Deposit. Calculated using a representative rate of 5.26%
