Romans Quarter
Thornton Mews, Nottingham, Bingham, NG13 7AS
from
£195,000
2 bedroom
Register interest
from £75,000
with min. deposit £3,750
 | £87,750 2 bedroom Semi-detached house | £87,750 2 bedroom Semi-detached house |
Availability | For sale | For sale |
Minimum share | 45% | 45% |
Full market price | £195,000 | £195,000 |
Deposit from | £4,388 | £4,388 |
Monthly service charge | £37.5 | £37.5 |
Bedrooms | 2 | 2 |
Bathrooms | 1 | 1 |
Reception rooms | 1 | 1 |
Furniture status | unfurnished | unfurnished |
Number of floors | 1 | 1 |
Entrance floor | Ground floor | Ground floor |
Tenure | leasehold | leasehold |
Property features | Off street parking | Off street parking |
Overview
This brand new two bedroom home is available on a shared ownership and offers accommodation which includes entrance lobby, lounge, kitchen, rear lobby, downstairs cloakroom, first floor landing, three piece family bathroom, two double bedrooms, off road parking and gardens.
Prices on this development start from 40% equity share.You will need a minimum 5% deposit (of the share value) for mortgage purposes, plus monies to pay for solicitor fees, moving costs & furnishings.
FAQs
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
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