Early Bird Reservations Now Open - Cromwell Abbey

Key features

• Available via shared ownership scheme 40% - 75% of full open market value (£287,500).
• Early Bird Reservations Now Open.
• Brand New Homes.
• 10 Year New Home Guarantee.
• Developed by Bovis Homes.
• Prices start from £115,000 (40% share of full market value, rent and management charges apply.)
• Handover Late September 2024.

Full property description

• Download brochure

Full Market Value: £287,500

40% Share Value: £115,000

Rent on unowned share: £395.31

Service Charge: £24.99 PCM

Council Tax: Council tax bands are often not released until the property is complete.

Eligibility

Have a combined household income under £80,000 per annum
Not already own a property, or part of a property, at the time of completing on your purchase
Be unable to purchase a suitable home to meet your housing needs on the open market.
Information on Shared Ownership;
If you can't afford the mortgage on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 40% and 75%) and pay rent on the remaining share. You could buy bigger shares when you can afford to do so which is referred to as 'staircasing' and the more shared you own, the less rent you pay. Muir Housing Group offer 'staircasing' to 100% ownership.

Management and estate charges apply.

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