111 Wimbush Waters
7 Ironbroom Crescent, Chelmsford, CM3 3QN
with min. deposit
2 bedroom semi-detached house
Wonderful 2 bedroom house in the Wimbush Waters development. The price advertised represents purchasing a 45% share of the home.
About the Development
Being sold on a shared ownership basis, we welcome to the market these beautifully presented, two and three bedroom newly built homes on Sage housing’s Wimbush Waters development.
The properties are finished to a high standard throughout and offer a fitted modern stylish kitchen, contemporary bathroom suites and two allocated parking spaces, perfectly suited for first time buyers.
The properties are excellently located in Little Waltham, boasting just a ten minute drive to Chelmsford …
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with min. deposit
Help to Buy is an equity loan scheme to help you buy a new home. If you have a 5% deposit and can cover 75% of the value of the home with a mortgage (or 55% in London), the Government will lend you up to the remaining 20% (40% in London) in the form of an equity loan that carries 0% interest in the first 5 years. This is available on a variety of new-build properties for first time buyers and is subject to the property price, the subsequent price cap in that region and the developer offering the option.
You can read more on the Help to Buy FAQ
The rules for shared ownership are different to a private purchase. In short, 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. Help to Buy is available to first time buyers only and the property value itself must fall below a price threshold for that specific area which varies in terms of the average house price in the region.
Read more about eligibility in the FAQ