1/17
£87,500
Shared Ownership Eligibility Criteria
To qualify for a Shared Ownership home, you must:
Be at least 18 years old.
Have an annual household income below £80,000 (outside London) or £90,000 (in London).
Not own another home or be in the process of selling one.
Be unable to afford a suitable home on the open market.
Not be in mortgage or rent arrears.
Have a good credit history and be able to afford the regular payments and costs involved.
Heylo Housing Application Requirements
When applying to Heylo Housing, you must provide:
A Budget Planner completed by an Independent Financial Advisor (IFA).
Photo ID (passport, driving licence, or national ID) for all applicants.
A recent utility bill, bank, or credit card statement (dated within the last 3 months) for all applicants.
3 months of payslips.
3 months of bank statements.
Proof of deposit funds.
A mortgage decision in principle or a completed Independent Mortgage Advisor (IMA) form.
Permission for Heylo Housing to run a hard credit search on your file.
This modern 2022-built home in Chilton’s sought-after Mason Gardens is a superb opportunity for families, offering three spacious bedrooms, including a master with en-suite, a welcoming reception room, stylish kitchen, and downstairs WC. A large, enclosed rear garden provides space for play or entertaining, while off-street parking for two adds everyday convenience.
Set in a charming village, close to excellent schools, local shops, cafes, and scenic walks, with excellent commuter links via the A167, A1(M), and Newton Aycliffe station.
Available via shared ownership, a 50% share from £87,500 with deposit from £4,375 (subject to eligibility) makes this a nearly new family home at an affordable monthly cost – ideal for stepping onto the property ladder. This opportunity is not to be missed – book your viewing today!
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