Property Listing Details
- 2 Bedroom House
- 50% Shared Ownership
- New Build Property
- Constructed by Bovis
- Pre-approval required
- EPC - tba
Set in a stunning location these new build homes are perfect for first time buyers. Located alongside open fields and built by Bovis, St Mary’s Gate is only a mile and a half from Stafford town centre. Each home has been thoughtfully designed to respond to the demands of modern living, in a location you'll love.
DB Roberts are delighted to offer this opportunity exclusively with Staffordshire Housing Association, to those buyers that qualify for the Shared Ownership Scheme.
What Does ‘Shared Ownership Mean?’
Shared Ownership: The part-buy part-rent way to own your own home
So, if you want to buy a home but worry that you can’t quite afford to, the shared ownership scheme can help you get onto the property ladder. With shared ownership you buy a 50% share in the value of a property, usually with a mortgage. You pay rent to sha for the remaining 50% share. The rent is subsidised by government funding to make it affordable.
Am I Eligible For Shared Ownership?
The scheme aims to help
• first time buyers;
• local authority tenants;
• housing association tenants;
• job movers who need to move to another area for their work;
• people needing a new home following relationship breakdown; and older people who have some money but not enough to buy outright on the open market.
There may be other criteria which affects your eligibility. We will check this and discuss it with you when you make an application.
What Costs Are Involved?
When buying a shared ownership home, you need to allow for
• paying your first month’s rent in advance;
• paying solicitors’ costs (solicitors’ costs vary, so it’s sensible to shop around); and
• mortgage costs, including administration fees, booking fees and valuation fees (fees vary between lenders).
• Remember that some banks and building societies may ask for a deposit (typically 5% of the purchase price).
We strongly advise that you save, if necessary, to cover this cost.
What Do I Do Next?
Call DB Roberts to make an appointment in order to complete the affordability assessment and more about this great opportunity.
The Property Comprises:
Cloakroom / Ground Floor W/C
Kitchen (3.48m x 2.49m (11'5 x 8'2))
Lounge / Dining Room (4.42m x 3.23m (14'6 x 10'7))
First Floor Landing
Bedroom (4.42m x 2.74m (14'6 x 9'))
Bedroom (4.42m x 2.82m (14'6 x 9'3))
Family Bathroom (2.34m x 2.31m (7'8 x 7'7))
Off Road Parking & Garden To Rear
Off road parking for two vehicles (Plots 335-337 only have 1 allocated parking space)
Back garden has wood fencing with lawn, shed and a patio area.
Floor Plans & Space Planner
Please take advantage of the Space Planner, which allows you to drag-and-drop furniture into the floor plan, to see how you might actually live in this property.
Dragging-and-dropping from the furniture library is very easy and, once finished, you are able to view the finished plan in 2D or 3D, and also save or email the floor plan for future access.
Simply copy and paste the following link into your browser:
Local map of the area
- Veritas Primary Academy 0.4 miles
- The Weston Road Academy 0.5 miles
- Stafford 1.8 miles
- Penkridge 6.1 miles
Price historySold prices provided by Land Registry
£ per month
These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.
Your home or property may be repossessed if you do not keep up repayments on your mortgage.
Recent sales nearby
16th Mar 2018
Detached house 3 Bedrooms
5th Jan 2018
29th Sep 2017
Want an expert valuation of your home?Book an agent valuation
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