** Fantastic release of 2 Bedroom new build home **
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:
Property descriptions and related information displayed on this page are marketing materials provided by DB Roberts. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact DB Roberts for full details and further information.
Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.
Total annual consumption (in cubic meters) is then averaged into a monthly cost.
Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.
The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.
Full information on Council Tax discount entitlements can be found on the Gov.UK's website.