Share Price £132,000 (from 40% Min. Share)

Full Value £330,000 | £6,600 Min. Deposit

Scheme: Shared Ownership

Under offer

The Printworks - 3 bed house in Dunstable - Bedfordshire

place Brewers Hill Road, LU6 1AG

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Final release! Don't miss the chance to live in this stunning 3 bed home


Eligibility

There are some general eligibility requirements that anyone wishing to buy a Shared Ownership home must meet.The general eligibility criteria for Shared Ownership is as follows:

You must be at least 18 years old
Outside of London your annual household income must be less than £80,000
Your annual household income must be less than £80,000
You should generally be a first time buyer, i.e. you don’t already own a home. If you do already own, you must be in the process of selling it
You should not be able to afford to buy a home suitable for your housing needs on the open market
You must show you are not in mortgage or rent arrears
You must be able to demonstrate that you have a good credit history (no bad debts or County Court Judgements) and can affordthe regular payments and costs involved in buying a home
You should have savings or to be able to easily access at least £4,000 to cover the costs of buying a home. This is a guideline figure – the actual amount you need will depend on the Help to Buy option you choose

In most cases you will also need to have enough savings or be able to easily access a minimum 5-10% of the equity share you are buying, as a deposit.

Please note:You should always check the eligibility required with the Sales executive


Description

The Printworks
Available now

The Printworks is a collection of beautifully designed 2- & 3-bedroom homes. The homes enjoy a delightful setting in the heart of Dunstable and boasts excellent transport links. Find exceptional contemporary living at The Printworks, made more attainable with Shared Ownership. Take this opportunity to be part of the next chapter of this exceptional new development.

These new homes are built with you in mind, with high specification, ample storage and open-plan kitchen/dining areas - ideal for entertaining. Discover the collection today and buy your dream home with Catalyst New Homes.

Make use of the fantastic Shared Ownership* scheme
Shared Ownership is a Government-backed part-buy, part-rent scheme designed to help you take that first step on the property ladder.

At The Printworks, you can purchase a share in a new home from 40% up to a maximum of 75% of the initial purchase price, subject to eligibility and qualifying conditions. You will then pay rent on the remainder.

After one year of ownership, you are able to buy additional shares in increments of 10%, until you own 100% of your home.

*Please note some of the images displayed are an artist's impression and will not always be indicative of specification and finish. Images featured are examples of previous Catalyst show homes and not indicative of the specification offered


Key Features

  • Available under Shared Ownership - 40% Share
  • Integrated gas hob, oven and extractor hood
  • 2 allocated parking spaces
  • Close to local amenities
  • Excellent transport links - M1 & A5 within easy reach, guided busway
  • Good Schools within close proximity
  • Carpets and Flooring fitted throughout
  • Symphony Kitchens included as standard
  • Turf to rear garden
  • Contemporary bathrooms with heated towel rail

Download Documents

Link to the floor plan
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Calculate Monthly Cost

Share price
£ 132,000
Min. £132,000
Share percentage
Min. 40%
Your deposit
Min. £6,600
Monthly cost*
£1,149
Cost breakdown
£454
Rent
£37
Service charge
£658
Mortgage*
Calculated using a representative rate of 3.94%
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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.