Share percentage 40%, full price £247,500, £4,950 Min Deposit.
Monthly Cost: £950
Rent £340,
Service charge £46,
Mortgage £564*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Who is it for?
- As long as you are over 18
- Your household income is less than £80,000
- And you don’t already own a home at the time of buying your shared ownership property
… then shared ownership could be right for you
Please note, there is a local connection requirement to the South West.
Summary
Applications now open for these brand new 3 bedroom homes at Royal View!
Description
Applications now open for these brand new 3 bedroom homes at Royal View!
Royal View makes the perfect family setting, with a new play area for the neighbourhood children to enjoy and cycle paths for those all-important family days out. Just a stone’s throw away, you’ll find North Petherton town centre, full of shops, cafes, a primary school, library and a doctor's surgery.
The county town of Taunton is also nearby offering local boutiques, dining, and much more with unspoilt views of the Blackdown Hills. You'll also be in easy reach of the M5 for commuting to Bristol and Exeter, with Bridgwater train station also less than 4 miles away.
Please note, there is a local connection requirement to the South West.
To complete a financial assessment, please call Firstxtra on 01635 524391.
*Images are from a similar previous phase*
Key Features
- Spacious lounge
- Integrated kitchen appliances: oven, hob and extractor fan
- Garden laid to turf with small patio
- Two allocated parking spaces
- Cushion vinyl flooring to kitchen, bathroom and downstairs cloakroom
- *Images are from a similar previous phase*
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Floor Plan Brochure Price List 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 40%, full price £247,500, £4,950 Min Deposit. Calculated using a representative rate of 5.26%
