2 bedroom house for sale
Farm View, SG5 3FN
Share percentage 40%, full price £350,000, £7,000 Min Deposit.
Share percentage 40%, full price £350,000, £7,000 Min Deposit.
Monthly Cost: £1,408
Rent £515,
Service charge £95,
Mortgage £798*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
You can apply to buy the home if both of the following apply:
- Your household income is £80,000 or less
- You cannot afford all of the deposit and mortgage payments to buy a home that meets your need
One of the following must also be true
- You’re a first-time buyer
- You used to own a home but cannot afford to buy one on the open market
- You’re forming a new household – for example, after a relationship breakdown
- You’re an existing shared owner, and you want to move*
- You own a home and want to move but cannot afford a new home for your needs*
*If you own a home, you must have sold subject to contract to be allocated a property. You must have completed the sale of the home on, or before the date you complete your shared ownership purchase.
Summary
Beautiful 2 bedroom home
Description
Very spacious and modern two bedroom home. Expansive garden and beautiful views out the back overlooking countryside. Ample parking out the front for visitors, very friendly neighbours and a quiet, peaceful area.
Key Features
- Private parking
- Large garden
- 2 large bedrooms
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: D
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 40%, full price £350,000, £7,000 Min Deposit. Calculated using a representative rate of 5.26%
