Share percentage 45.00%, full price £242,000, £5,445 Deposit
Monthly Cost: £915
Rent £305,
Service charge £18,
Mortgage £592*
Calculated using a representative rate of 4.78%
Calculate estimated monthly costs
Summary
The Meadow | 3 bedroom semi-detached shared ownership home
Description
The Meadow is a three bedroom semi-detached new build home available with Shared Ownership. £108,900 is for a 45% share, the full value is £242,000. The share you purchase is based on your affordability.
Room sizes:
Living: 3.71m x 3.75m | 12’ 2” x 12’ 4”
Kitchen/diner: 3.71m x 2.88m | 12’ 2” x 9’ 6”
WC 1.00m x 2.84m | 3’ 4” x 9’ 4”
Master bedroom 3.71m x 3.75m | 12’ 2” x 12’ 4”
Bedroom two: 3.71m x 2.88m | 12’ 2” x 9’ 6”
Bedroom three: 3.71m x 2.10m 12’ 2” x 6’ 11”
Bathroom": 2.62m x 1.58m | 8’ 7” x 5’ 3”
The Meadow is a lovely three bedroom home at Woodland Bank in Bingley. With three bedrooms, family bathroom, and shower room there is plenty space for the family. The lounge has large windows so you can take advantage of the stunning views, and a kitchen diner.
What is Shared Ownership?
Shared Ownership is a more affordable way to buy your own home. You purchase a share of the property through a mortgage and savings —anywhere from 10% to 75%, depending on what you can afford. We own the remaining share, and you pay reduced rent on the part you don’t own.
To buy your share, you’ll need a mortgage or savings to cover the cost. If you’re using a mortgage, your deposit is just 5% of the share you’re buying—not the full property value.
Am I eligible for Shared Ownership?
You'll qualify for Shared Ownership if you meet the criteria below:
Your household income is £80,000 a year or less
You cannot afford all of the deposit and mortgage payments for a home that meets your needs
You're a first-time buyer, or
You're an existing shared owner and want to move, or
You used to own a home, but need support to buy one now
Can I buy more shares?
The great thing about Shared Ownership is that you can buy a larger share of the property whenever you can afford it. The more you own, the less rent you pay. The cost of the shares is based on the market value of your home at the time you want to buy them.
Please note all images, computer-generated images, and floor plans are for illustrative purposes only and do not constitute a contract, part of a contract, or warranty. They’re designed to give you a general idea of the home’s layout and style, but the details may vary from plot to plot. Fixtures, fittings, finishes and external elevations might be different from what’s shown.
We may occasionally make changes to the specification without prior notice. Some of the appliances, fittings, or decorative finishes you may see in our marketing materials aren’t always included in the standard specification.
All dimensions are approximate (usually representing the maximum dimensions of a room before it is plastered), and you should take your own measurements before ordering any flooring, fittings, or furniture.
Contact our Sales Team for more information about our new homes.
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: Not specified
Property Downloads
Key Information Document Floor Plan Energy CertificateMap
Material Information
Total rooms: 7
Room Details:
Living
Length: 3.71
Width: 3.75
Kitchen/diner
Length: 3.71
Width: 2.88
WC
Length: 1.00
Width: 2.84
Master bedroom
Length: 3.71
Width: 3.75
Bedroom two
Length: 3.71
Width: 3.75
Bedroom three
Length: 3.71
Width: 2.10
Bathroom
Length: 2.62
Width: 1.58
Furnished: Unfurnished
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes - Driveway
Outside Space/Garden: Yes - Private Garden
Year property was built: 2025
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 10%, full price £242,000, £1,210 Min Deposit. Calculated using a representative rate of 4.78%