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A local connection to Newton Abbot is required
Features
- Modern fitted kitchen
- Stylish bathroom suite
- Easy access to the A38 and A380
Description
<p>Anticipated for completion in Summer 2021 are a selection of 2 bedroom homes on the popular Church Walk development in Newton Abbot.</p> <p><br> Living here you’ll benefit from a range of local amenities in Newton Abbot, and with excellent road and rail links you’ll be well connected to Plymouth, Exmouth, Exeter and London. Dartmoor National Park is just a few miles away and with the Devon coastline even closer there’s plenty to explore in this picturesque area. </p> <p><br></p> <p>A local connection to Newton Abbot is required.</p>
Location
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FAQs
We partner with you to share the cost of buying your own home – you pay for the part you can afford and we’ll pay for the part that’s left. It’s an opportunity to buy the home that’s right for you without needing the large deposit or the mortgage that goes with it.
You buy a share in your home that’s right for you. That could be from 25% up to 75% initially. You’ll pay a reduced rent to us on the share we own and a monthly service charge.
As your finances allow, you can buy further shares in your home as and when you choose, meaning you’ll own more and pay less rent.
Typically, you’ll only need a deposit that is 5% of the value of your share, rather than of the total property value, meaning you could get moving sooner than you thought.
- As long as you are over 18
- Your household income is less than £80,000
- And you don’t already own a home at the time of buying your shared ownership property
… then shared ownership could be right for you
Some properties may be bound by local connection restrictions in order to make them affordable for local customers. We'll let you know if there are any restrictions in place when you are searching for a property.
A deposit for a shared ownership home can start from just 5% of the share value you’re looking to buy. So for example:
If you’re looking to buy a home that has a 40% share value of £80,000, then your deposit could be as little as £4,000 - meaning you may be able to get on the property ladder sooner than first thought!
You can speak to our panel of financial advisors for more information around affordability.