Forest View
Register your interest
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3 Bedrooms Terraced house |
3 Bedrooms Terraced house |
3 Bedrooms End of terrace house |
|---|---|---|---|
| Property Number | 388 | 389 | 387 |
| Availability | FOR SALE | FOR SALE | FOR SALE |
| Advertised Share | 50% | 50% | 50% |
| Full Market Price | £225,000 | £225,000 | £227,500 |
| Deposit From | £5,625 | £5,625 | £5,688 |
| Monthly Rent | £258 | £258 | £261 |
| Monthly Mortgage Cost | £557 | £557 | £563 |
| Monthly Service Charge | £45 | £45 | £45 |
| Estimated Monthly Cost | £860 | £860 | £869 |
| Bedrooms | 3 | 3 | 3 |
| Bathrooms | 1 | 1 | 1 |
| Number Of Floors | 1 | 1 | 1 |
| Tenure | Leasehold | Leasehold | Leasehold |
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Forest View
Overview
Available Now! Brand new 3 bedroom homes, on the Shared Ownership scheme! Register your interest today & discover more.
Forest View is a brand new development of homes situated within Calverton. In a great location to the north of the village, within easy walking distance of the shops, pubs and schools, Forest View offers an ideal base from which to enjoy the local community and the surrounding area.
Travel Times
- 18 mins Hucknall to Nottingham
- 51 mins Hucknall to Worksop
- 10 mins Calverton Skate Park
- 13 mins Calverton leisure centre
- 7 mins The Park Hospital
- 19 mins Nottingham city centre
Key Features
- Brand-new Shared Ownership properties
- Ample storage space
- Terraced homes
- Back Garden
- NHBC Warranty
- Allocated parking to houses
FAQs
Shared ownership is a government-backed scheme, designed to make stepping onto the property ladder more affordable. You buy a portion of a home normally with a mortgage and a deposit, and pay a low-cost rent on the rest.
The eligibility criteria for Shared Ownership is simple; 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.
Your annual household income (that's both yours and your partners' if buying together) can't exceed £80,000 (or £90,000 in London) and you'll need to have savings to cover purchasing costs such as solicitors fees and your mortgage deposit.
There's no fixed minimum income; you just need to be able to afford to buy the home and the monthly costs - this will be established via an affordability.
No - the scheme is designed to help people buy a suitably sized home that they cannot afford to buy otherwise. That typically means first time buyers, but if you've owned a home before and are selling, perhaps due to a divorce or needing to buy a bigger home, and cannot afford to buy, you might be eligible for Shared Ownership.
Affordability Calculator
Disclaimer
The figures and estimates shown in this calculator should not be relied on as confirmation of affordability and should only be used as an indicative guide to monthly costs. The monthly rental cost is based on 2.75% on the retained equity (subject to change please ask your sales agent). This will usually increase by the annual rate of RPI. The monthly mortgage cost is based on a Variable Rate Mortgage at 5.50% over a 35-year repayment loan. Other costs will apply such as service charge. Sage Homes is not authorised or regulated by the Financial Conduct Authority to provide financial advice. You should always seek advice and recommendations from an independent financial advisor regarding mortgage products, affordability, interest rates, repayment methods and terms and conditions. You should also seek independent legal advice. Your home may be repossessed if you do not keep up payments on a mortgage or any other loan secured against it.