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Albion Lock

Shared ownership

Price Close, Sandbach, HP3 9GP

For salenew home
Shared ownership
Photo of Albion Lock
Live from space album cover
  • from

    £39,375

    1 bedroom

  • from

    £38,750

    2 bedroom

  • from

    £44,375

    3 bedroom

from

£38,750

with min. deposit

£1,938

Leaders

£38,750

2 bedroom terraced house

£39,375

1 bedroom end of terrace house

£44,375

3 bedroom semi-detached house

£47,375

3 bedroom semi-detached house

Availability

For sale

For sale

For sale

For sale

Minimum share

25%

25%

25%

25%

Full market price

£155,000

£157,500

£177,500

£189,500

Deposit from

£1,938

£1,969

£2,219

£2,369

Monthly rent

£266

£270

£305

£325

Monthly service charge

£0

£0

£0

£0

Bedrooms

2

1

3

3

Bathrooms

1

1

2

2

Reception rooms

1

1

1

1

Number of floors

1

1

1

1

Tenure

leasehold

leasehold

leasehold

leasehold

Property features

Off street parking
Off street parking
Off street parking
Off street parking

Overview

Albion Lock is a development of new homes in Moston, which benefits from a rural backdrop, yet is conveniently situated for accessing the amenities of Sandbach.

This fabulous new development is located beside the Trent & Mersey Canal in the leafy Cheshire town of Sandbach. The charming town has a rich history, with the cobbled market square home to two Saxon Crosses that are thought to date back to the 7th century. The town is also home to many listed buildings – including the Grade II listed Yew Tree Farm at the centre of the development itself.

To be eligible for shared ownership you would need to meet the following criteria:

• Your …

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.

from

£38,750

with min. deposit

£1,938

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