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Hayne Farm plots 153-161

Shared ownership

Longlands Way, Honiton, EX14 3PD

For salenew home
Shared ownership
Photo of Hayne Farm plots 153-161
Live from space album cover

from

£66,000

with min. deposit

£3,300

Overview

LAST APARTMENT REMAINING AT HAYNE FARM, GITTISHAM.

This first floor, 2 bedroom apartment has allocated parking, an open-plan living/dining/kitchen area fitted with oven, hob and extractor, and a stylish bathroom suite.

Hayne Farm is a new development situated in Gittisham, near Honiton, East Devon, surrounded by countryside and yet close to local amenities. Honiton is less than 3 miles away where you will find a good range of shops and services and a railway station operating services to destinations including Exeter and London Waterloo.

Anticipated for completion in Winter 2021.

Please note, a local connection to East Devon is required.

Please …

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

£66,000

with min. deposit

£3,300

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