keaze logo

41 Oak Farm Meadow

Shared ownership

19 Burr Close, Stowmarket, IP14 4FJ

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

3 bedroom semi-detached house

About the Development

 

Oak Farm Meadow is an exciting new development that will be offering a selection of 2 and 3 semi detached and terraced houses. Located on the edge of the B1115 which leads onto the A14, this prime location could be a great place to buy a shared ownership property.

Being situated on the edge of the town of Stowmarket, combine contemporary and comfortable living with the opportunity to walk to local amenities but also enjoy the rural surroundings.

About the Home

 

This plot is a brand new 3 bedroom semi detached house. Upon entry there long hallway that leads on one side to the separate kitchen. The ground floor also has a …

Features

Bedrooms3
Bathrooms2
Reception rooms1
Furniture statusunfurnished
Number of floors1
Tenureleasehold

from

£128,250

with min. deposit

£6,413

45% Share from
£128,250
Full market price
£285,000
Minimum deposit
£6,413
Monthly rent
£359
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

204 The Paddocks
Shared ownership

204 The Paddocks

new home

29 Swinburn Road, Andover

3

1

Minimum deposit

£6,413

45% Share from

£128,250

Full price

£285,000

Townsend Place
Shared ownership

Townsend Place

new home

Townsend Place, Shrivenham

3

1

Minimum deposit

£5,700

40% Share from

£114,000

Full price

£285,000

Catherington Park
Shared ownership

Catherington Park

new home

Catherington Park, Waterlooville

2 - 3

1 - 2

Minimum deposit

£7,125

50% Share from

£142,500

Full price

£285,000