£128,250
Brand new 3 bedroom house on the Bay View development. The price advertised represents purchasing a 45% share of the home.
- Your household income does not exceed £80,000 (outside of London) and £90,000 (inside of London)
- You have a deposit of at least 5% of the share value
- You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
- This will be your only residence.
- You are a permanent UK resident or have indefinite right to remain.
Brand new 3 bedroom house on the Bay View development. The price advertised represents purchasing a 45% share of the home.
About the Home
The Eveleigh is a 3 bedroom semi-detached family home with a separate living room, with French doors leading out to the rear garden. There is a roomy kitchen/dining area and downstairs cloakroom. Upstairs bedroom 1 benefits from an ensuite shower room, there is also a shared bathroom for bedrooms 2 and 3. In addition this home has two allocated parking spaces.
Shared Ownership
The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright. You can buy a minimum 50% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.
Local criteria may apply to satisfy Local Authority terms
Service charge will apply
Please ask Sales Advisor for further information.