keaze logo

15 Hampton Park

Shared ownership

6 Tiger Way, Colchester, CO3 8DU

For salenew home
Shared ownership
Plot  gallery image
Live from space album cover

from

£167,500

with min. deposit

£8,375

50% Share from
£167,500
Full market price
£335,000
Minimum deposit
£8,375
Monthly rent
£384
Monthly service charge
£50

3 bedroom semi-detached house

Wonderful 3 bedroom detached house in the Hampton Park Development. The price advertised represents purchasing a 50% share of the home.

 

About the Development

 

Hampton Park is a wonderful new development in Colchester that will offer a selection of high spec 2 & 3 bedroom semi-detached houses. This historic Essex Town dates back over 2000 years and has an abundance of culture and local amenities for all to enjoy. Colchester Castle is a popular site for tourists and the recently opened Zoo has proven very popular with Locals. These homes are the perfect place to embark on a shared ownership journey, register your interest now.

 

About the Home

 

Th…

Features

Bedrooms3
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Number of floors1
Tenureleasehold

from

£167,500

with min. deposit

£8,375

50% Share from
£167,500
Full market price
£335,000
Minimum deposit
£8,375
Monthly rent
£384
Monthly service charge
£50
Sage Housing

Sage Housing

Brochures

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.

Read more on the Shared Ownership FAQ

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

Some properties require you to live or work in the local area in order to be eligible to buy them. By knowing the areas in which you live and work, we can make sure you see everything available to you.

Similar properties

Eastergate Park
Shared ownership

Eastergate Park

new home

Eastergate

2 - 3

1

Minimum deposit

£6,700

40% Share from

£134,000

Full price

£335,000

132 Buckden
Shared ownership

132 Buckden

new home

32 Danes Way, St. Neots

3

1

Minimum deposit

£8,375

50% Share from

£167,500

Full price

£335,000

Longcroft Way
Shared ownership

Longcroft Way

new home

Havant PO9 1FL, Havant

3

1

Minimum deposit

£10,888

65% Share from

£217,750

Full price

£335,000