Share Price £102,498 (from 50% Min. Share)

Full Value £204,995 | £5,125 Min. Deposit

Scheme: Shared Ownership

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St Georges Walk - 3 bed house in Lancaster - Lancashire

place St Georges Walk, LA1 1RD

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Lancaster is a vibrant university city with a rich history


Eligibility

You are eligible to purchase a Home Reach property in England or Wales if:

Your household income does not exceed £80,000 per annum for homes outside of London (£90,000 in London)
You have a deposit (at least 5% of the share value)
You are a first-time buyer or used to own a home, but cannot afford to buy outright now
The shared ownership property will be your principle and only home
You have passed a financial assessment, demonstrating you are financially able to purchase the minimum share value and support the monthly costs


Description

Your dream home is within reach this summer with a gifted deposit of up to £2,500 when you reserve before 15th September 2019.
Terms and Conditions:
Available on new reservations only, up to the value of £2,500. Must reserve by 15th September 2019.
Available on selected plots. Please go to www.homereach.org.uk for more information.

We are proud to announce St George's Walk, which is now open in the historic city of Lancaster. On the edge of the River Lune, approximately half a mile from the city centre, it’s perfectly positioned to enjoy city life at a quieter pace.

Starting its life as Roman Fort in 80AD,Lancasteris a vibrant university city with a rich history. From its lofty hilltop position, Lancaster Castle overlooks the city’s cobbled streets with their lively shops, bustling bars and chic restaurants – a rich past mixing perfectly with contemporary cultural activity. With our great choice of modern house designs to suit both first time buyers and larger families, and its enviable riverside location, St George’s Walk has so much to offer.

Service charge outlined on this portal is heylo’s admin and building insurance fee. Estate and Service charge fees (if applicable) are available from the sales team on site.


Key Features

  • Open plan kitchen/breakfast room with garden access
  • Separate dining room
  • First floor living room
  • Bedroom 1 with en suite
  • Second floor family bathroom
  • Single garage (selected plots only)

Download Documents

Link to the floor plan
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Calculate Monthly Cost

Share price
£ 102,498
Min. £102,498
Share percentage
Min. 50%
Your deposit
Min. £5,125
Monthly cost*
£793
Cost breakdown
£235
Rent
£45
Service charge
£513
Mortgage*
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Location

Disclaimer

The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • 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.