Share percentage 25%, full price £515,000, £12,875 Min Deposit.
Monthly Cost: £1,560
Rent £885,
Service charge £11,
Mortgage £664*
Calculated using a representative rate of 4.80%
Calculate estimated monthly costs
Summary
New Year, New Home! A brand new release of 2, 3 and 4 bedroom shared ownership homes!
Description
Available now is The Cormorant - a beautiful 4 bedroom detached house perfect for that growing family!
Prices start from £128,750 for a 25% share, based on a full market value of £515,000 for a four bedroom house.
Your estimated monthly outgoings*:
Monthly rent: £885
Monthly service charge: £11
Total outgoings**: £1,643
Minimum household income: £53,225
10% deposit: £12,875
Please note that the Council Tax banding is not set until after legal completion. For more information, please refer to your Local Authority.
Register your interest now to book a viewing
Situated in the seaside town of Whitstable, there's a home for everyone at Whitstable Heights. The growing community offers a wide range of different house and apartment styles, making it perfect for first time buyers and families; small or large. Outside of the development, the town of Whitstable has plenty to keep you satisfied. From retail therapy to beach-side eateries and bars to the surrounding Kent countryside. The opportunities to explore are endless
Why buy at Whitstable Heights?
- Be part of a brand new community in the heart of Whitstable
- Wide range of homes suitable for first time buyers, young families and relocators
- Popular destination, well-known for its beach, harbour and annual oyster festival
- 6 miles to motorway network via M2
- 1 mile to Whitstable station offering services into London
- Allocated parking
- Turfed private gardens
- Selected homes ready to move into
To find out more about the development or book a viewing.
*Incentive is available on selected homes in the Aviary Collection at Whitstable Heights, terms and conditions apply.
For more information, speak to Hyde New Homes sales team
Particulars
Tenure: Freehold
Council Tax Band: New build - Council tax band to be determined
Property Downloads
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 25%, full price £515,000, £12,875 Min Deposit. Calculated using a representative rate of 4.80%
