66 Abbey View
3 Craigmore Close, Bourne, PE10 2BN
with min. deposit
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 …
|Number of floors||1|
with min. deposit
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