Share Price £121,500 (from 45% Min. Share)

Full Value £270,000 | £6,075 Min. Deposit

Scheme: Shared Ownership

Under offer

2 bedroom house in Fornham All Saints - Suffolk

place Redwood Drive, Marham Park, IP32 6TS

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Flagship Homes

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A Three Bedroom semi detached House for Shared Ownership property purchase.


Eligibility

Am I eligible?

An affordability check will be carried out and no more than 45% of your net monthly income can be used to cover the monthly payments of rent and mortgage.

You must also register and be approved for the Shared Ownership scheme with Help to Buy at www.helptobuyese.org.uk


How do I apply?

To arrange a viewing or to apply for this property, please call Flagship Homes on 01603 255444 or email sales@flagship-homes.co.uk.


Description

3 x Two Bedroom houses available for Shared Ownership purchase.

Shares from 45%

Please register with Help to Buy on www.helptobuysouth.co.uk for an affordability to be carried out

Download Brochure for full details

To apply for this property, contact the Flagship Homes Sales team on 01603 255444 or sales@flagship-homes.co.uk


Key Features

2 Bedroom Terraced Houses

Built in cooker, hob and extractor

Fitted carpets and flooring throughout

2 Allocated parking spaces

Enclosed turfed rear garden with shed.

Shares from 45%


Download Documents

Link to the floor plan Property brochure 1 Energy Certificate
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Calculate Monthly Cost

Share price
£ 121,500
Min. £121,500
Share percentage
Min. 45%
Your deposit
Min. £6,075
Monthly cost*
£1,058
Cost breakdown
£433
Rent
£20
Service charge
£605
Mortgage*
Calculated using a representative rate of 3.94%
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Flagship Homes

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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.