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24 Bassingbourn Fields

Shared ownership

18 King James Close, Fordham, CB7 5ZH

For salenew home
Plot  gallery image
Plot  gallery image
Plot  gallery image
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3 bedroom semi-detached house

Brand new 3 bedroom semi-detached house in the new Bassingbourn Fields Development. The price advertised represents purchasing a 45% share of the home.

 

About the Home

 

This plot is a brand new, three-bedroom semi-detached house. As you walk in, you are presented with a ground Floor WC to other side is the separate lounge that in turn lead in through to the brand new fitted and modern Kitchen.

 

As you go upstairs, this property offers three spacious bedrooms and a large 3-piece bathroom with shower over bath. Both bedrooms offer great amounts of natural light and the property is provided with flooring throughout.

 

About the Development

 

Bassingbo…

Features

Bedrooms3
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Number of floors1
Tenureleasehold

from

£126,000

with min. deposit

£6,300

45% Share from
£126,000
Full market price
£280,000
Minimum deposit
£6,300
Monthly rent
£353
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.

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