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971 Willow Lake

Shared ownership

1, Newton Leys, MK3 5ST

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

from

£248,750

with min. deposit

£12,438

50% Share from
£248,750
Full market price
£497,500
Minimum deposit
£12,438
Monthly rent
£570
Monthly service charge
£50

4 bedroom detached house

Willow Park is a popular development catering for all but a firm favourite especially amongst growing families. Known and admired locally as a welcoming community within Newton Leys. Willow Park boasts a variety of amenities as well as views across Willow Lake. Sage are delighted to offer 3 and 4 bedroom houses on this development.

Newton Leys is ideally situated close by to Milton Keynes with its array of dining options, family entertainment, bars and shops. Whilst bordered by affluent villages Stoke Hammond and Newton Longville which offer more of a country setting with picturesque Buckinghamshire countryside walks and quaint shops to …

Features

Bedrooms4
Bathrooms2
Reception rooms1
Furniture statusunfurnished
Number of floors1
Tenureleasehold

from

£248,750

with min. deposit

£12,438

50% Share from
£248,750
Full market price
£497,500
Minimum deposit
£12,438
Monthly rent
£570
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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