PINEWOOD AT GRAYLINGWELL PARK: a beautiful collection of newly-built 3 & 4 bedroom houses.

NOW RESERVED:keep an eye out for other homes in your area!

INCENTIVES: reserve for just £99*!

VIEWINGS: available by appointment.

ELIGIBILITY:

• There is no live/work connection required to reserve a home (although priority will be given to local applicants).
• You must be at least 18 years old.
• You cannot afford 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 £80,000.
• You must be a first time buyer or existing shared owner. If you already own a home, you need to move but you cannot afford to, then please discuss your situation with us. There are some circumstances under which you could be eligible.

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

PLEASE NOTE:

Incentives:*fee reduced from £500. Offer extended until 30th September 2021 and applies to all Shared Ownership purchases with Clarion Housing. If the property does not exchange within 42 days of the reservation fee being taken then the full £500 reservation fee will be required. Full T&Cs available on request.

Pricing & Availability:additional details on share percentages, indicative mortgage deposits, rental payments and service charges may be found on the downloadable price list. Please note, this information is linked to our overall availability and may not reflect the current live status. These details may also be subject to change.

Imagery: 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.

Am I eligible?

What is Shared Ownership?

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 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 usually buy more of the property until you own 100%.

You will need a small deposit at the outset – 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.

If we think you may be eligible, you will be asked to have a free financial assessment with a Shared Ownership mortgage specialist to find out what share you can afford to buy. You will also be asked to complete an application form with the local Help to Buy agent. Sometimes you may also need to be registered with your Local Authority. Specific criteria will be detailed on the information for each property.

Am I eligible?

The Ridge at Rayne Road offers a selection of one and two bedroom homes for Shared Ownership, built by Redrow Homes. Priority will be given to those who live and/or work in the Braintree District Council.

• Your annual household income must be no more than £80,000
• You must be unable to purchase a home suitable for your needs on the open market
• You must not have any outstanding credit issues (e.g. 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
• In line with government priorities, priority for Shared Ownership homes is awarded to serving military personnel and former members of the British Armed Forces honourably discharged within the last two years.

PINEWOOD AT GRAYLINGWELL PARK: a beautiful collection of newly-built 3 & 4 bedroom houses.

NOW RESERVED:keep an eye out for other homes in your area!

INCENTIVES:reserve for just £99*!

VIEWINGS: available by appointment.

ELIGIBILITY:

• There is no live/work connection required to reserve a home (although priority will be given to local applicants).
• You must be at least 18 years old.
• You cannot afford 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 £80,000.
• You must be a first time buyer or existing shared owner. If you already own a home, you need to move but you cannot afford to, then please discuss your situation with us. There are some circumstances under which you could be eligible.

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

PLEASE NOTE:

Incentives:*fee reduced from £500. Offer extended until 30th September 2021 and applies to all Shared Ownership purchases with Clarion Housing. If the property does not exchange within 42 days of the reservation fee being taken then the full £500 reservation fee will be required. Full T&Cs available on request.

Pricing & Availability:additional details on share percentages, indicative mortgage deposits, rental payments and service charges may be found on the downloadable price list. Please note, this information is linked to our overall availability and may not reflect the current live status. These details may also be subject to change.

Imagery: 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.

OPEN DAYS: Join us at one of our open days to find out more

• Saturday 28th August 9.30am – 3.30pm
• Wednesday 1st September 11.00am – 6.30pm

Reserve for just £99* – offer extended until 30th September 2021

Reserve your dream home with Shared Ownership for less – simply contact Clarion Housing today and find out how easy it is.

*Fee reduced from £500. Offer extended until 30th September 2021 and applies to all Shared Ownership purchases with Clarion Housing. If the property does not exchange within 42 days of the reservation fee being taken then the full £500 reservation fee will be required. Full T&Cs available on request.

Am I eligible?

• You must be at least 18 years old.
• You cannot afford 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, you need to move but you cannot afford to, then please discuss your situation with us. There are some circumstances under which you could be eligible.

Am I eligible?

• You must be at least 18 years old.
• You cannot afford 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 £80,000.
• You must be a first time buyer or existing shared owner*. If you already own a home, you need to move but you cannot afford to, then please discuss your situation with us. There are some circumstances under which you could be eligible.