The Mountford (Sage Home)

About The Mountford (Sage Home)

Home 8 - 43% SHARED OWNERSHIP HOME - READY TO MOVE INTO - FLOORING INCLUDED Why rent when you could take your first step onto the property ladder? With Shared Ownership, you could own a 43% share of this brand-new home with a deposit from just £8,278 and an estimated monthly cost of £1,608*, giving you the opportunity to build equity in your own home rather than paying rent. A double-fronted home, the Mountford offers balanced design in its exteriors and balanced living spaces in its interiors. The ground floor features two substantial living spaces, each of which run the full length of the home. There’s a sizeable, dual aspect living room which is bright and airy and a kitchen/dining room which offers all the benefits of open plan, along with a cloakroom and utility room. On the first floor are three well-proportioned bedrooms. An ensuite for bedroom one provides some privacy, and along with a family bathroom, ensures that no-one is short of bathroom space in the morning. With its well-thought-out and sociable spaces, the Mountford is the ideal home for 21st century living. ---------------------------------- With Sage Home, you buy a share of your chosen home and pay a low monthly rent on the part you don't buy. Please be aware that the percentage share will be calculated on customer affordability following financial qualification, and the advertised price is for a 43% share. Eligibility criteria and T&Cs Apply. Not available with any other offers. Speak to a member of our sales team for full information. ---------------------------------- Cost breakdown of Home 8 at 43% share price and £8,278 deposit: Estimated monthly cost £1,608* Rent £503 Service charge £139 Mortgage £966 ** Estimated monthly costs are indicative only and are based on an assumed mortgage interest rate of 5.5%; 25-year capital repayment mortgage term, 5% customer deposit from the appropriate share purchase and 2.75% rent on unsold equity. Actual mortgage repayments may vary and will depend on personal circumstances, lender criteria, mortgage product selected, interest rates and the size of deposit provided. Service charge and rent estimate may be subject to annual change with an inflation. This information is for guidance only and does not constitute financial advice or a mortgage offer. Customers should seek independent financial advice before making any financial commitment. Contact us to arrange a complimentary appointment with an independent financial adviser.

Specification

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