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£112,500
To be eligible for Extra Care Shared Equity you must meet the relevant age criteria for the scheme, this will either be over 55 or over 60. Please note the minimum share available is always 75% and rent is not payable on the unowned share.
To apply, please complete the following steps:
Applicants must complete an expression of interest form and arrange to view the property, this can be found in the downloads tab.
Upon request, applicants must provide supporting documentation noted on the Expression of Interest form so a thorough affordability assessment can be carried out. It is a Saxon Weald requirement that applicants have a maximum of £500,000 available to them in savings, assets and sale proceeds at the time of applying. Applicants who exceed this amount will be automatically declined unless there are exceptional circumstances. Please ask for further details.
If the affordability assessment is successful a Scheme and Care Manager assessment is to be carried out.
On successful completion of both assessments above, applicants will be issued with a formal offer to purchase which will need to be accepted alongside a reservation fee of £500.
Full description
A spacious two-bedroom, second floor Extra Care apartment is now available for resale for a 75% share at £112,500. White goods are included in the fitted kitchen and the property has a level access wet room. Cranbrook is a wheelchair friendly scheme with an on-site care team if needed. There is also a resident's lounge, restaurant, landscaped gardens, mobility scooter storage and hairdressing room
Service charges
A monthly service charge of £584.92 (subject to final confirmation) which includes the buildings insurance, hot water and heating costs for the year 1 April 2025 - 31 March 2026.
EPC - B
Council Tax Band - B
Key features
For your peace of mind, flats are fitted with a pull-cord emergency alarm system. They also have a door-entry system, to enable you to let guests in from the main scheme entrance. Cranbrook's spacious lounge is elegantly furnished, offering an ideal place to meet friends and relax.
You can add locations as 'My Places' and save them to your account. These are locations you wish to commute to and from, and you can specify the maximum time of the commute and by which transport method.