House For Sale £125,000
Plot 159 - The Acer
- SHARED OWNERSHIP WITH HOME STEPPER -
This home is available with Home Stepper, a shared ownership scheme in partnership with Sage Homes. The price advertised is a 50% share of the full market value.
A generously proportioned two bedroom home. Its size and layout will appeal to those who love to entertain and also creates considerable flexibility.
On the ground floor, the combined kitchen/dining room is great for chatting to friends and family while preparing a meal. And with a separate living room you have even more living space.
The separate living room has French doors leading into the garden, while upstairs, the bedrooms are generously sized, and bedroom one also features a large window and a spacious built-in cupboard. With two further cupboards, you'll never be short of storage space and the downstairs cloakroom offers added convenience.
You'll immediately notice that this home is larger than the average two bedroom home, with room to grow you'll want to stay for many years.
Complete with 2 parking spaces on a private driveway.
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Plot 159 is only available on the Home Stepper scheme. With Home Stepper, you buy a share of your chosen home and pay a low monthly rent on the part you don't buy.
Please be aware that the percentage share will be calculated on customer affordability following financial qualification, and the £125,000 price is for a 50% share.
For example should you qualify for a 50% share, and provide a 5% deposit of £6,250 you would need to secure a mortgage for the remaining £118,750. You would then rent the remaining 50% of your home from Sage on the Home Stepper scheme.
Due to the popularity of homes available with Home Stepper, full financial qualification is required with a Bovis Homes approved broker prior to a sales appointment. Please speak to a sales consultant to avoid disappointment.
Eligibility criteria and T&Cs Apply. Not available with any other offers. Speak to a member of our sales team for full information.
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The floorplans shown are not to scale. Measurements are based on the original drawings. Slight variations may occur during construction. Exact specifications and features including whether a property is left or right handed may differ, from plot to plot. Please discuss floorplan details with our sales consultant as some elements may differ.
§Home Stepper is available on selected new build homes only, subject to contract and eligibility criteria. Home Stepper is a new build shared ownership scheme brought to you by Sage Homes. The scheme is subject to individual mortgage lender qualification and affordability criteria as prescribed by Homes England. The scheme is subject to you first obtaining approval from Sage before reserving a new home from us. Eligibility for the scheme may be withdrawn at any time prior to reservation. Sage may also require evidence of your financial ability to proceed with the purchase of a new home from us. Shares from 10% up to 75% of the new home are available. Prices advertised can represent up to a 75% share of the new home. Rent will be charged at 2.75% of the unacquired equity share and is reviewed annually in line with the year-on-year change to RPI in the preceding 12 months plus additional 0.5% and an annual fee of £195, payable monthly. The property will be sold on a shared ownership leasehold basis with a term of 990 years and a buildings insurance contribution is also payable. You will also be liable to pay managing agent costs plus an administration fee payable to Sage. You will be an assured tenant with Sage Homes as the landlord until such time as you staircase to own 100% of the property. In addition, a mortgage approval fee of £60 and a notice of charge fee of £90 will be payable to Sage Homes on completion. More information on eligibility and affordability of using Home Stepper to purchase your new home can be found at . Home Stepper is also subject to the terms and conditions of Sage Homes. Home Stepper cannot be used in conjunction with any other offer, discount, promotion or scheme. Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it. Subject to individual lender terms and conditions. Our usual reservation and sales terms and conditions also apply. Please speak to one of our sales consultants for more details.