2 bedroom house for sale
East Avenue, CW2 5LZ
Share percentage 40%, full price £185,000, £3,700 Min Deposit.
Share percentage 40%, full price £185,000, £3,700 Min Deposit.
Monthly Cost: £661
Rent £254,
Service charge £38,
Mortgage £369*
Calculated using a representative rate of 3.94%
Calculate estimated monthly costs
Am I eligible?
Shared Ownership is an excellent way for people who are unable to buy on the open market to take their first step onto the property ladder. Under the Shared Ownership scheme, you buy a share of the property’s value and pay a subsidised rent on the remaining share. A key advantage is that, as part-owner, you have a stability of tenure that renting cannot offer. Over time, you can buy more of the property until you own 100%.
You will need a small deposit at the outset – generally a minimum of 5% of your share, subject to conditions – and you will need to raise a mortgage on the rest of the sum required.
There are certain conditions to be eligible for a Shared Ownership property:
- Your annual household income must be no more than £80,000.
- You must be unable to purchase a home suitable for your needs without assistance.
- You must not have any outstanding credit issues (i.e. unsatisfied defaults or county court judgments).
- You must be a first-time buyer. If you already own a home and need to move but cannot afford to, or you have equity from a recent sale, please contact us, as there are some circumstances under which you may still be eligible.
- Applicants who live or work in the area will be prioritised.
To find out if you are eligible for this development check our Shared Ownership eligibility criteria.
Summary
An exclusive collection of stunning two and three bedroom homes in Weston
Description
About Weston Woods
An exclusive collection of stunning two and three bedroom homes in Weston, to buy through the Shared Ownership Scheme with Clarion Housing. Weston is a rural, quaint village in Cheshire East, located three miles south east of Crewe, ideal for commuters and young families looking for a life in the countryside with excellent links to neighbouring towns and villages, and outstanding educational facilities.
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.
These prices are to be used as a guideline only as they may change.
Key Features
- 10 properties available; 6 x 2 bed homes, 4 x 3 bed homes with en-suite and full fitted bathrooms
- Attractive brick exteriors and spacious interiors with storage options and kitchen appliances, including oven, hob, hood and integrated fridge/freezer.
Property Downloads
Brochure Price ListMap
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 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.
Share percentage 40%, full price £185,000, £3,700 Min Deposit. Calculated using a representative rate of 3.94%
Clarion Housing
