The Crescent, Ketton

Key features

• Available via shared ownership scheme 40 – 75% shares available
• Brand New Homes
• Developed by Balfour Beatty Homes
• Applications Now Open
• 10 Year New Home Guarantee
• Prices start from £112,000 (40% share of full market value. Rent and management charges apply)

Full property description

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Ketton is a large village, located close to the bustling and prosperous market town of Stamford, Lincolnshire. Stamford is praised for its Georgian architecture and received the compliment from the Sunday Times as ‘Britain’s top places to live’ 2013. Ketton itself it build around the River Chater, from which it takes it name. Amenities The village boasts a extensive sports complex, a well-equipped children’s play ground, public houses, a post office/ village shop as well as a well regarded Church of England Primary School.

Muir currently have two homes available;
Full Market Value (2 bedroom End Terrace) £280,000
Full Market Value (3 bedroom End Terrace): £350,000
Full Market Value (3 bedroom Mid Terrace): £340,000
40% Share Value (2 bedroom Mid Terrace) £112,000
40% Share Value: (3 bedroom End Terrace): £140,000
40% Share Value (3 bedroom Mid Terrace: £136,000

Rent on unowned share (2 bedroom End Terrace) £385 PCM
Rent on unowned share (3 bedroom End Terrace): £481.25 PCM
Rent on unowned share (3 bedroom Mid Terrace): £467.50 PCM

Service Charge: £32.94 PCM

Service Charge: £32.94 PCM

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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