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66 Abbey View

Shared ownership

3 Craigmore Close, Bourne, PE10 2BN

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

from

£107,500

with min. deposit

£5,375

50% Share from
£107,500
Full market price
£215,000
Minimum deposit
£5,375
Monthly rent
£246
Monthly service charge
£67.82

2 bedroom semi-detached house

Brand new 2-bedroom semi-detached house in the Abbey View development, available through shared ownership in Bourne. The price represents purchasing a 50% share of the property.

 

About the Development

 

Abbey View is a development by Bellway Homes, located just off Wincanton Way in the popular Lincolnshire market town of Bourne.

The development will feature a selection of 2 and 3 bedroom family homes that will be available to purchase on the Shared Ownership Scheme. Expected build completion is around December 2022.

The 2 bedroom homes with be the Baker house type, and the 3 bedroom homes with be the Tillman house type. There will also be 2 …

Features

Bedrooms2
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Number of floors1
Tenureleasehold

from

£107,500

with min. deposit

£5,375

50% Share from
£107,500
Full market price
£215,000
Minimum deposit
£5,375
Monthly rent
£246
Monthly service charge
£67.82
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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