Share Price £126,000 (from 30% Min. Share)

Full Value £420,000 | £6,300 Min. Deposit

Scheme: Shared Ownership

Under offer

The Laurels - 2 bed house in Sutton

place Nightingale Road, SM5 2DE

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NOW UNDER OFFER - a beautiful collection of newly-built two and three bedroom houses in desirable Carshalton.


Eligibility

Am I eligible?

  • You must be at least 18 years old.
  • You must be unable to buy a home suitable for your needs on the open market.
  • You will need sufficient savings for a mortgage deposit and a clean credit history to qualify for a mortgage.
  • Your annual household income must be less than £90,000.
  • You must be a first-time buyer or existing shared owner.
  • If you already own a home, and need to move but cannot afford to, then please discuss your situation with us. There are some circumstancesunder which you could be eligible.

Description

About The Laurels

Clarion are proud to announce the forthcoming launch of their shared ownership homes at The Laurels; a beautiful collection of newly-built two and three bedroom houses in desirable Carshalton.

Register your interest today to be the first to receive launch updates!

To register your interest or for any other enquiries please contact the Customer Service Team – Sales

For further details on Shared Ownership please visit myclarionhousing.com/sharedownership

Please note:

All images displayed throughout are examples of previous Clarion developments and are not indicative of the specification at this development and may not correspond exactly to the available properties described.


Key Features

  • Two and three bedrooms
  • En suite bathrooms available to some homes
  • Separate kitchens
  • Off street parking spaces available to some homes
  • Garden with turf and shed
  • Close to Hackbridge station

Download Documents

Property brochure 1 Property price list

Accessibility

F – General Needs

General needs housing does not meet any of the above criteria. Properties in this category will have more than four steps or a ramp access that is steeper than 1:10 to access the property front door. These properties should be marketed with the number of steps to access the property as this will provide an additional factor for helping people choosing what to bid for.


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Calculate Monthly Cost

Share price
£ 126,000
Min. £126,000
Share percentage
Min. 30%
Your deposit
Min. £6,300
Monthly cost*
£1,342
Cost breakdown
£674
Rent
£40
Service charge
£628
Mortgage*
Calculated using a representative rate of 3.94%
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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.