Fletton Folly

Great Haddon, PE7 7AB
Shared Ownership

Fletton Folly

Great Haddon, PE7 7AB

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From £179,998 for a 50% share
With min. deposit £9,000

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£179,998

3 Bedrooms Detached house

Property Number 96
Availability FOR SALE
Advertised Share 50%
Full Market Price £359,996
Deposit From £9,000
Monthly Rent £413
Monthly Mortgage Cost £995
Monthly Service Charge
Estimated Monthly Cost £1,408
Bedrooms 3
Bathrooms
Number Of Floors 2
Tenure Leasehold

Fletton Folly

Great Haddon, PE7 7AB

Overview


  • HBF 2024 5 STAR HOUSEBUILDER - 90% of our customers would recommend us!
  • Fletton Folly is excellently located in the town of Great Haddon giving you access to Schools & Parks
  • Near to Great Haddon the Crown Lakes Country Park is a firm favourite with over 75,000 acres of open space
  • New Homes use up to 65% less energy!
  • Those that buy a new build house specifically see even greater annual savings of £1,981, making them 65% cheaper*

  • Make your move easy with our Home Exchange† & Smooth Move‡

  • Register today to receive updates!

Key Features

  • 10-year warranty
  • Family bathroom
  • French doors to rear garden
  • Living Room with Bay Window
  • Light enhancing Skylight windows
  • Useful utility store

Brochures

Site Plan

FAQs

Shared ownership is a government-backed scheme, designed to make stepping onto the property ladder more affordable. You buy a portion of a home normally with a mortgage and a deposit, and pay a low-cost rent on the rest.

The eligibility criteria for Shared Ownership is simple; as long as you don't currently own, or won't own another property when you move in to a new home, you're likely to qualify.

Your annual household income (that's both yours and your partners' if buying together) can't exceed £80,000 (or £90,000 in London) and you'll need to have savings to cover purchasing costs such as solicitors fees and your mortgage deposit.

There's no fixed minimum income; you just need to be able to afford to buy the home and the monthly costs - this will be established via an affordability.

No - the scheme is designed to help people buy a suitably sized home that they cannot afford to buy otherwise. That typically means first time buyers, but if you've owned a home before and are selling, perhaps due to a divorce or needing to buy a bigger home, and cannot afford to buy, you might be eligible for Shared Ownership.

All Shared Ownership properties will have a service charge. If there is not one showing on the listing it will be in the Key Information Document that is available with the listing.

In shared ownership, a service charge is a monthly or periodic payment made by the shared owner towards the cost of maintaining and managing the communal areas of the building or estate. It's separate from the rent paid on the share of the property not owned.

Affordability Calculator

Disclaimer

The figures and estimates shown in this calculator should not be relied on as confirmation of affordability and should only be used as an indicative guide to monthly costs. The monthly rental cost is based on 2.75% on the retained equity (subject to change please ask your sales agent). This will usually increase by the annual rate of RPI. The monthly mortgage cost is based on a Variable Rate Mortgage at 4.75% over a 30-year repayment loan. Other costs will apply such as service charge. Sage Homes is not authorised or regulated by the Financial Conduct Authority to provide financial advice. You should always seek advice and recommendations from an independent financial advisor regarding mortgage products, affordability, interest rates, repayment methods and terms and conditions. You should also seek independent legal advice. Your home may be repossessed if you do not keep up payments on a mortgage or any other loan secured against it.

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