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301 Chalkers Rise

Shared ownership

15, Peacehaven, BN10 8GJ

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

from

£195,000

with min. deposit

£9,750

50% Share from
£195,000
Full market price
£390,000
Minimum deposit
£9,750
Monthly rent
£447
Monthly service charge
£50

3 bedroom detached house

Brand new 3-bedroom detached house in the Chalkers Rise Development, available through shared ownership in Peacehaven. The price represents purchasing a 50% share of the property

 

About the Development

 

Chalkers Rise is a wonderful new development, nestled between the outstanding southern English coastline and the South Downs national Park. The opportunity to own your own home in this development offers a wonderful coastal location and a selection of local amenities with something for everyone.

*Please note images are for information purposes only and may not represent a true likeness for the units being sold. Some or all images have been …

Features

Bedrooms3
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Number of floors1
Tenureleasehold

from

£195,000

with min. deposit

£9,750

50% Share from
£195,000
Full market price
£390,000
Minimum deposit
£9,750
Monthly rent
£447
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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