Share percentage 40%, full price £300,000, £6,000 Min Deposit.
Share percentage 40%, full price £300,000, £6,000 Min Deposit.
Monthly Cost: £1,073
Rent £413,
Service charge £62,
Mortgage £598*
Calculated using a representative rate of 3.94%
Calculate estimated monthly costs
Reserve for just £99* – offer extended until 30th September 2021
Take advantage of the extended Stamp Duty holiday and reserve your dream home with Shared Ownership for less – simply contact Clarion Housing today and find out how easy it is.
*Fee reduced from £500. Offer extended until 30th September 2021 and applies to all Shared Ownership purchases with Clarion Housing. If the property does not exchange within 42 days of the reservation fee being taken then the full £500 reservation fee will be required. Full T&Cs available on request.
Am I eligible?
Priority given to those currently living and/or working in the Vale of White Horse area.
What is Shared Ownership?
Shared Ownership is an excellent way for people who are unable to buy on the open market to take their first step onto the property ladder. Under the Shared Ownership scheme, you buy a share of the property’s value and pay a subsidised rent on the remaining share. A key advantage is that, as part-owner, you have a stability of tenure that renting cannot offer. Over time, you can buy more of the property until you own 100%.
You will need a small deposit at the outset – generally a minimum of 5% of your share, subject to conditions – and you will need to raise a mortgage on the rest of the sum required.
Shared Ownership
There are certain conditions to be eligible for a Shared Ownership property:
• Your annual household income must be no more than £80,000.
• You must be unable to purchase a home suitable for your needs without assistance.
• You must be able to demonstrate a connection to the local area of the development.
• You must not have any outstanding credit issues (i.e. unsatisfied defaults or county court judgments).
• You must be a first-time buyer. If you already own a home and need to move but cannot afford to, or you have equity from a recent sale, please contact us, as there are some circumstances under which you may still be eligible.
Summary
Two bedroom houses in Kingston Bagpuize
Description
Reserve your new home and SAVE ON STAMP DUTY - Ask your sales executive for more details.
About Kingston Park
Two bedroom houses available for Shared Ownership, built by Bloor Homes, in this attractive South Oxfordshire/Berkshire borders village of Kingston Bagpuize in the Vale of White Horse.
With Oxford and Bicester Village to the north together with Swindon and the Valley of the Racehorse to the south there is a lot to entice families looking for an affordable step on to the property ladder in this semi-rural and well connected area.
To register your interest or for any other enquiries please contact the Customer Service Team – Sales
Key Features
Kitchen
- Symphony Kubix kitchen units and “Colmar Oak” worktops
- Cushioned vinyl flooring
- Tiling to skirting level in fridge/freezer space, and to underside of wall cupboards
- 1.5-bowl sink
- Hob, oven and extractor hood
- Under-pelmet lighting
- Boiler in enclosed wall unit
Bathroom
- Bathroom suite including bath, washbasin and WC
- Cushioned vinyl flooring
- White heated towel rail
- Mirror over washbasin
- Toughened glass shower screen
- Shaver socket
General
- Carpets in all areas except kitchen and bathroom
- Mains-powered door bell
- Mains-powered carbon monoxide detector with battery backup
- TV points / Sky+ to all bedrooms
- Turf and 1.8m fencing to rear garden
- Rotary drier supplied to garden
- Electrical spurs provided for future installation of burglar alarm and stairlift
- External light to rear of house
*Whilst every effort has been taken to ensure that the information here is correct, it has been supplied as a guide. Clarion reserves the right to amend the specification as necessary and without notification.
Please note: All images displayed throughout are examples of previous Clarion developments and are not indicative of the specification at this development and may not correspond exactly to the available properties described. These prices are to be used as a guideline only as they may change.
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Brochure Price ListMap
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 costs for the property as a whole and communal areas
- Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.
NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.
Share percentage 40%, full price £300,000, £6,000 Min Deposit. Calculated using a representative rate of 3.94%
