House For Sale £132,750
* BRAND NEW TWO DOUBLE BEDROOM SHARED OWNERSHIPS AVAILABLE WITH A MINIMUM 45% SHARE *
2 bedroom semi-detached houses, available on the Shared Ownership scheme, in the ever popular village of Cranfield.
Available from 45% share, these wonderful, BRAND NEW houses will offer a brilliant finish, allocated parking spaces and, most importantly, an affordable lifestyle.
Compass Elevation Estate Agents are delighted to offer these brand new properties to buyers who are aiming to get on to the property ladder using the shared ownership scheme. You will need a minimum of 5% deposit for mortgage purposes and funds to pay for solicitor fees, moving costs & furnishings.
Pricing and Affordability:
The Share options below are based on the full market value of £295,000 with a minimum share of 45% and a maximum purchase share of 75% initially.
45% share = £132,750
Rent on Remaining share = £373.10
Service Charge = £34.26 approx
Shared Ownership:
The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller up front payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidized rent on the share you did not purchase.
The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright. At Kings Grove, Cranfield, you can buy a minimum 45% share of your home (the maximum you can buy initially is 75%).
Compass Elevation Estate Agents are selling the homes at Cranfield on behalf of Paradigm Housing. Please feel free to enquire and speak to one of the team to find out more information on how purchase one of these highly sought after properties.
*Shared Ownership – Terms and conditions apply. Eligibility and affordability criteria apply. Minimum (45%) and maximum (75%) share values will apply, and rent is payable on the unsold share. Please speak to a member of our Sales Team for more details
* DISCLAIMER - ALL PHOTO'S SHOWN ARE FROM SIMILAR HOUSE TYPES THAT PARADIGM HAVE SOLD PREVIOUSLY AND ARE USED AS AN EXAMPLE. PLEASE DO NOT USE THESE PHOTOS FOR THE FINISH STANDARD - KITCHEN APPLIANCES NOT INCLUDED IN THESE HOUSES OTHER THAN INTEGRATED OVEN AND GAS HOB *
