Share percentage 30%, full price £325,000, £4,875 Min Deposit.
Monthly Cost: £1,059
Rent £474,
Service charge £29,
Mortgage £556*
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.
You will need to demonstrate a local connection to the area:
- You live or work in Devon, or
- You previously lived in Devon, or
- You have close family living in Devon
- Armed forces applicants do not need a local connection.
Summary
Filham Chase is a fantastic new development with 2-bedroom and 3-bedroom homes available for shared ownership.
Description
The Alder is a 3-bedroom home which has a modern kitchen with French doors leading to the private rear garden. Completing the ground floor is a living room with views to the front of the property and a downstairs cloakroom. On the first floor, you will find two good-sized bedrooms, storage and a family bathroom. On the second floor is the main bedroom with an en-suite, and additional storage.
Photos used are of a similar plot.
Key Features
- Shared Ownership - New model lease
- 2 off street parking spaces
- Pets allowed in line with PCH's pet policy
- Integrated electric oven and gas hob
- En-suite to main bedroom
- NHBC warranty
- EPC B
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Key Information Document Floor Plan Brochure Energy CertificateMap
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 £325,000, £4,875 Min Deposit. Calculated using a representative rate of 5.26%
Plymouth Community Homes - SO Living
