SPECIFICATIONS:

BEDROOMS: X 2
BATHROOMS: X 1

Book A Viewing

Charters aims to provide our customers and clients with the best possible safe and secure service, and we are committed to protecting and respecting your privacy. We have a legitimate interest to use the personal information you share with us, to tailor our services to your requirements, and to provide you with the best possible user experience. How we use your personal information, how we may share it, and how long we keep it for is all stated in our Terms and Conditions and Privacy Policy. By submitting this form you are accepting the terms of our Privacy Policy.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

What's my property worth?

Free Valuation

PROPERTY LOCATION:

PROPERTY DETAILS:

Tenure: leasehold
Property type: Semi detached
Council Tax Band: NA

Key features:

Newbuild Shared Ownership
Current expected handover date from developers: January 2025
Initial shares available from 25% to 75%
MOD Applicants will have priority followed by first come first served
We may be required to discuss your application with the Local Authority
Leasehold with 990 year lease
Pets welcome
Council Tax Band is not yet available for these newbuild homes (Find out more)
Predicted energy assessment rating: B
LABC Warranty Provided
You can’t rent out (sublet) these properties, see the key info document for more details

Apply now for a stunning newbuild Shared Ownership (part buy, part rent) 2 bedroom home. Shares start from 25%

Shared Ownership, also known as ‘part-buy, part-rent’ is a great option for new home buyers, or for those struggling to save a large deposit. The Shared Ownership scheme allows you to purchase shares of your home, usually between 25% and 75%, initially and pay rent on the remaining share. Unlike buying on the open market, you don’t need a deposit for 100% of the property price. In many cases, you’ll only need a 5% deposit of the share you’re purchasing (subject to lender availability and criteria). You’ll need to be financially assessed to determine the share you are able to purchase.

75% SHARE ADVERTISED AT £255,000 – FULL MARKET VALUE £340,000.

• Monthly rent example on un-owned 25% share: £194.79
• Monthly initial estimated service charges: £36.83
• The minimum Share available to purchase is from 25% up to a maximum of 75%

Who can apply for Shared Ownership?

You can apply if your household income is £80,000 a year or less and you can’t afford to buy a suitable home on the open market.

If you’ve never owned a home before, Shared Ownership’s a fantastic opportunity to get on the housing ladder and it’s also a great option if you’re in one of the following groups:

• You’ve owned a home before, but can’t afford to buy one now
• You’re forming a new household (for example, following a relationship breakdown)
• You’re an existing Shared Owner and want to move to a new home
• You own a home, but can’t afford to buy a new one that suits your current needs

If you own another property in the UK or abroad, you’ll need to sell this at the same time as buying your new Shared Ownership home. So, if you’re a homeowner, VIVID will ask you to confirm your property’s under offer.

• If you’re offered a Shared Ownership home with us, please note there is a reservation fee of £99 (non-refundable), which will be deducted from the monies you pay at completion.
• Staircasing to 100% is available on these homes, see the key info document for more information about this.
• Eligibility conditions apply, you can view details and more information about Shared Ownership here https://yourvividhome.co.uk/what-is-shared-ownership.