ELIGIBILITY

Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.

At Stortford Fields shares start from 50% of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.

To be eligible for shared ownership you would need to meet the following criteria:

• Your annual household income does not exceed £80,000.
• You have a deposit of at least 5% of the share value.
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.

Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.

*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.

**These photos are for information purposes only and may not represent a true likeness for the units being sold. They may have been taken from earlier phases or similar developments/house types and digitally furnished to represent how the home could be laid out; the final colours/appearance/specification may differ from the images and are not plot specific. We advise applicants to make their own investigations on future development in the area. We would suggest contacting the local authority for more information.

ELIGIBILITY

Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.

At Stortford Fields shares start from 50% of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.

To be eligible for shared ownership you would need to meet the following criteria:

• Your annual household income does not exceed £80,000.
• You have a deposit of at least 5% of the share value.
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.

Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.

*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.

**These photos are for information purposes only and may not represent a true likeness for the units being sold. They may have been taken from earlier phases or similar developments/house types and digitally furnished to represent how the home could be laid out; the final colours/appearance/specification may differ from the images and are not plot specific. We advise applicants to make their own investigations on future development in the area. We would suggest contacting the local authority for more information.

ELIGIBILITY

Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.

At Stortford Fields shares start from 50% of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.

To be eligible for shared ownership you would need to meet the following criteria:

• Your annual household income does not exceed £80,000.
• You have a deposit of at least 5% of the share value.
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.

Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.

*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.

**These photos are for information purposes only and may not represent a true likeness for the units being sold. They may have been taken from earlier phases or similar developments/house types and digitally furnished to represent how the home could be laid out; the final colours/appearance/specification may differ from the images and are not plot specific. We advise applicants to make their own investigations on future development in the area. We would suggest contacting the local authority for more information.

ELIGIBILITY

Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.

At Stortford Fields shares start from 50% of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.

To be eligible for shared ownership you would need to meet the following criteria:

• Your annual household income does not exceed £80,000.
• You have a deposit of at least 5% of the share value.
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.

Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.

*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.

**These photos are for information purposes only and may not represent a true likeness for the units being sold. They may have been taken from earlier phases or similar developments/house types and digitally furnished to represent how the home could be laid out; the final colours/appearance/specification may differ from the images and are not plot specific. We advise applicants to make their own investigations on future development in the area. We would suggest contacting the local authority for more information.

ELIGIBILITY

Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.

At Stortford Fields shares start from 50% of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.

To be eligible for shared ownership you would need to meet the following criteria:

• Your annual household income does not exceed £80,000.
• You have a deposit of at least 5% of the share value.
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.

Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.

*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.

**These photos are for information purposes only and may not represent a true likeness for the units being sold. They may have been taken from earlier phases or similar developments/house types and digitally furnished to represent how the home could be laid out; the final colours/appearance/specification may differ from the images and are not plot specific. We advise applicants to make their own investigations on future development in the area. We would suggest contacting the local authority for more information.

ELIGIBILITY

Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.

At Stortford Fields shares start from 50% of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.

To be eligible for shared ownership you would need to meet the following criteria:

• Your annual household income does not exceed £80,000.
• You have a deposit of at least 5% of the share value.
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.

Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.

*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.

**These photos are for information purposes only and may not represent a true likeness for the units being sold. They may have been taken from earlier phases or similar developments/house types and digitally furnished to represent how the home could be laid out; the final colours/appearance/specification may differ from the images and are not plot specific. We advise applicants to make their own investigations on future development in the area. We would suggest contacting the local authority for more information.

• Priority will go to those who currently live and/or work in East Herts.
• You have a gross household income of no more than £80,000 per annum.
• Guidance minimum household income: £43,750*
• You are unable to purchase a suitable home to meet your housing needs on the open market (100% ownership).
• You do not already own a home or you will have sold your current home before you purchase.

*Based on a 10% mortgage deposit, 4.5% mortgage interest rate and a 25-year term. This minimum income is a guidance figure, we recommend having an initial financial assessment to confirm your affordability.

• Priority will go to those who currently live and/or work in East Herts.
• You have a gross household income of no more than £80,000 per annum.
• Guidance minimum household income: £51,250*
• You are unable to purchase a suitable home to meet your housing needs on the open market (100% ownership).
• You do not already own a home or you will have sold your current home before you purchase.

*Based on a 10% mortgage deposit, 4.5% mortgage interest rate and a 25-year term. This minimum income is a guidance figure, we recommend having an initial financial assessment to confirm your affordability.

• Priority will go to those who currently live and/or work in East Herts.
• You have a gross household income of no more than £80,000 per annum.
• Guidance minimum household income: £60,300*
• You are unable to purchase a suitable home to meet your housing needs on the open market (100% ownership).
• You do not already own a home or you will have sold your current home before you purchase.

*Based on a 10% mortgage deposit, 4.5% mortgage interest rate and a 25-year term. This minimum income is a guidance figure, we recommend having an initial financial assessment to confirm your affordability.

• Priority will go to those who currently live and/or work in East Herts.
• You have a gross household income of no more than £80,000 per annum.
• Guidance minimum household income: £74,500*
• You are unable to purchase a suitable home to meet your housing needs on the open market (100% ownership).
• You do not already own a home or you will have sold your current home before you purchase.

*Based on a 10% mortgage deposit, 4.5% mortgage interest rate and a 25-year term. This minimum income is a guidance figure, we recommend having an initial financial assessment to confirm your affordability.

• Priority will go to those who currently live and/or work in East Herts.
• You have a gross household income of no more than £80,000 per annum.
• Guidance minimum household income: £39,400*
• You are unable to purchase a suitable home to meet your housing needs on the open market (100% ownership).
• You do not already own a home or you will have sold your current home before you purchase.

*Based on a 10% mortgage deposit, 4.5% mortgage interest rate and a 25-year term. This minimum income is a guidance figure, we recommend having an initial financial assessment to confirm your affordability.

• Priority will go to those who currently live and/or work in East Herts.
• You have a gross household income of no more than £80,000 per annum.
• Guidance minimum household income: £44,000*
• You are unable to purchase a suitable home to meet your housing needs on the open market (100% ownership).
• You do not already own a home or you will have sold your current home before you purchase.

*Based on a 10% mortgage deposit, 4.5% mortgage interest rate and a 25-year term. This minimum income is a guidance figure, we recommend having an initial financial assessment to confirm your affordability.

• Priority will go to those who currently live and/or work in East Herts.
• You have a gross household income of no more than £80,000 per annum.
• Guidance minimum household income: £40,200*
• You are unable to purchase a suitable home to meet your housing needs on the open market (100% ownership).
• You do not already own a home or you will have sold your current home before you purchase.

*Based on a 10% mortgage deposit, 4.5% mortgage interest rate and a 25-year term. This minimum income is a guidance figure, we recommend having an initial financial assessment to confirm your affordability.

• Priority will go to those who currently live and/or work in East Herts.
• You have a gross household income of no more than £80,000 per annum.
• Guidance minimum household income: £51,250*
• You are unable to purchase a suitable home to meet your housing needs on the open market (100% ownership).
• You do not already own a home or you will have sold your current home before you purchase.

*Based on a 10% mortgage deposit, 4.5% mortgage interest rate and a 25-year term. This minimum income is a guidance figure, we recommend having an initial financial assessment to confirm your affordability.

• Priority will go to those who currently live and/or work in East Herts.
• You have a gross household income of no more than £80,000 per annum.
• Guidance minimum household income: £50,750*
• You are unable to purchase a suitable home to meet your housing needs on the open market (100% ownership).
• You do not already own a home or you will have sold your current home before you purchase.

*Based on a 10% mortgage deposit, 4.5% mortgage interest rate and a 25-year term. This minimum income is a guidance figure, we recommend having an initial financial assessment to confirm your affordability.