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7 Havenfields

Shared ownership

7 Peatman Close, Lincoln, LN5 9TQ

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

from

£77,625

with min. deposit

£3,882

45% Share from
£77,625
Full market price
£172,500
Minimum deposit
£3,882
Monthly rent
£217
Monthly service charge
£50

2 bedroom semi-detached house

About the Development

The brand new development of Havenfields will be offering a selection of new homes for everyone. The popular Lincolnshire village of Waddington is a great place to call home, thanks to its good range of facilities including shops, pubs and eateries, schools and doctors’ surgery.

You really couldn’t be better placed; there are bus links to Lincoln and Sleaford and the county town is less than six miles away, making commuting a breeze. The town of Lincoln provides many opportunities and a selection of great retail areas and eateries.

Local Area Information

Lincoln is a beautiful Cathedral City and the county town of Lincolnsh…

Features

Bedrooms2
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Number of floors1
Tenureleasehold

from

£77,625

with min. deposit

£3,882

45% Share from
£77,625
Full market price
£172,500
Minimum deposit
£3,882
Monthly rent
£217
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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