Shared ownership at Brickfields, Suffolk, CB8 7JH

Brickfields

Exning Road, Newmarket, CB8 7JH

For salenew home
Shared ownership
Images is indicative only and subject to change
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from

£250,000

2 bedroom

from

£300,000

3 bedroom

Register interest

from £98,000

with min. deposit £4,900

£100,000

2 bedroom Flat

£120,000

3 bedroom Terraced house

£122,000

3 bedroom End of terrace house

Availability

For sale

For sale

For sale

Minimum share

40%

40%

40%

Full market price

£250,000

£300,000

£305,000

Deposit from

£5,000

£6,000

£6,100

Monthly service charge

£69.02

£47.61

£47.61

Bedrooms

2

3

3

Bathrooms

1

1

1

Reception rooms

0

0

0

Furniture status

unfurnished

unfurnished

unfurnished

Floor area

83

93.08

93.08

Number of floors

1

2

2

Entrance floor

Ground floor

Ground floor

Ground floor

Tenure

leasehold

leasehold

leasehold

Overview

Affordable new homes in an idyllic settingBrickfields is a new collection of 2, 3 bedroom houses & 2 bedroom coach houses on the outskirts of Newmarket, Suffolk.The homes here benefit from the perfect balance of country living while being well connected to Newmarket, Cambridge and surrounded by a great range of nearby schools and local amenities.Renowned to be the home of Horse Racing, Newmarket plays host to a wide selection of unique restaurants, coffee shops, bars and boutique shopping to enjoy.Newmarket Leisure Centre is also less than a mile away, with a wide range of nearby golf clubs and picturesque walks in the historic City of Ca...

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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