Shared ownership at Cottam Meadows, Preston, PR4 0NX

Cottam Meadows

Siskin Road, Cottam, Preston, Preston, PR4 0NX

For salenew home
Shared ownership
Live from space album cover

Register interest

from £101,000

with min. deposit £5,050

Overview

Last Home Available!  Dont miss the opportunity to reserve the last 3 bedroom homes on Barratt Homes Cottam Meadow development. These spacious homes were designed with a focus on creating sustainable, contemporary living - perfect if you want a home that's a bit different. The 3 bedroom detached home comprises of entrance hall giving access to the WC , kitchen, and living room . The Living space offers double French doors onto the rear garden. The first floor gives access to all rooms from the landing with bedroom 1 with En-suite & bedroom 2 to the front of the home and bedroom 3 to the rear with a centrally located house bathroom. T...

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.

Similar properties

Bloxham Vale
Shared ownership

Bloxham Vale

new home

Bloxham Road, Banbury
2
1
Minimum deposit£4,419
35% Share from£88,375
Full price£252,500
So Resi Forster Oaks
Shared ownership
Wedgewood Way, Stevenage
2
2
Minimum deposit£4,419
35% Share from£88,375
Full price£252,500
Boyn Heights
Shared ownership

Boyn Heights

new home

Boyn Valley Road, Maidenhead
1 - 2
1
Minimum deposit£3,157
25% Share from£63,125
Full price£252,500