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Bay Fields Meadow

Shared ownership

Crier Close, Gillingham, SP8 4YU

For salenew home
Shared ownership
Photo of Bay Fields Meadow
Live from space album cover
  • from

    £106,000

    2 bedroom

  • from

    £106,000

    3 bedroom

from

£106,000

with min. deposit

£5,300

Aster

£106,000

3 bedroom semi-detached house

£106,000

2 bedroom bungalow

£106,000

2 bedroom bungalow

£106,000

2 bedroom bungalow

Availability

For sale

For sale

For sale

For sale

Minimum share

40%

40%

40%

40%

Full market price

£265,000

£265,000

£265,000

£265,000

Deposit from

£5,300

£5,300

£5,300

£5,300

Monthly rent

£364

£364

£364

£364

Bedrooms

3

2

2

2

Bathrooms

1

1

1

1

Reception rooms

1

1

1

1

Furniture status

unfurnished

unfurnished

unfurnished

unfurnished

Floor area

83

70

70

70

Number of floors

1

1

1

1

Entrance floor

Ground floor

Ground floor

Ground floor

Ground floor

Tenure

leasehold

leasehold

leasehold

leasehold

Lease years

990

990

990

990

Property features

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

Overview

BEAUTIFUL SHARED OWNERSHIP HOMES COMING TO BAY FIELDS MEADOW!

Are you looking for a new home in the Dorset town of Gillingham?

We have a selection of 2 & 3-bedroom shared ownership homes, coming to the delightful Bay Fields Meadow development, situated in the Blackmore Vale area of Dorset.

Located 5 miles from Shaftesbury, Gillingham is the most northernly town of Dorset, bordering Wiltshire and Somerset and benefits from being only 4 miles from the A303.

The Bay Fields Meadow development and its affordable shared ownership homes give you the chance to jump on the property ladder in Dorset. Want to learn more? You can call your Dorset expert, …

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

£106,000

with min. deposit

£5,300

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