Midland Heart Housing Association

A selection of brand new 2 & 3 Bedroom Houses available to buy on Shared Ownership. Located on a new development called Dracan Village at Drakelow Park. This new neighbourhood is located next to the river Trent, less than 4 miles south of Burton on Trent. The area offers a great choice of shops, schools & transport links within very easy reach. • 2 Bedroom Houses – from £74,000 for a 40% share* • 3 Bedroom Houses – from £86,000 for a 40% share* • Up to £1,000 Cashback^ available on selected plots • Available on new Shared Ownership scheme with 990 year lease • Option to buy more shares to own 100% of the property in the future Our homes come with an impressive specification as standard including flooring/carpets throughout, modern fitted kitchens with oven & hob, a private garden and parking. £1,000 Cashback^ available on selected mid-terrace plots £500 Cashback^ available on selected end terrace plots ^Subject to terms and conditions and only payable upon completion by specific date (dependent upon plot). Shared Ownership is ideal for first time buyers, or anyone who qualifies, and cannot afford to buy outright to get onto the property ladder. It is great if you have limited savings, as you only need a deposit for the share you buy. Contact us today for more information and see how we can help you buy your very own home. *The Price advertised is for a 40% share of a mid terrace house and is for illustration purposes only (to give an indication of the cost of purchase, rent, etc); it is not the minimum or maximum that is available for purchase. Other shares are available upon request & will be based on affordability, proceed ability & sustainability. There are opportunities to buy more shares to own 100% of the property in the future. Buyers will be considered on first come first served basis (assuming affordability, proceed ability & sustainability checks are met). Buyers need to demonstrate maximum affordability which will be determined via a Mortgage advisor prior to any agreed sale. Amount advertised is subject to change. Revised prices apply to plots with solar panels. An additional monthly rental charge applies that includes rent, buildings insurance, estate and management charge but excludes any mortgage payment. ^Images/photographs shown are for illustrative purposes only. >Floor plans depict a typical layout of the house types and are for illustrative purposes only. They are not intended to be used for carpet sizes, appliance sizes or items of furniture. For exact plot specification, please speak with our Sales Adviser. Some properties may be a mirror of the plan shown & some aspects may differ.

Available Now - A small number of Brand New 2 Bedroom Houses available to buy on Shared Ownership. Located on a new Davidsons development called Lubenham View in the sought after town of Market Harborough in Leicestershire. This charming market town is full of history, culture, delicious food and independent retailers and was voted one of the best places to live in the country. • 2 Bedroom Semi-detached Houses - 2 Plots Only • £98,000 for a 35% share* • Open Plan Living • Available on new Shared Ownership scheme with 990 year lease • Option to buy more shares to own 100% of the property in the future Our homes come with an impressive specification as standard including flooring/carpets throughout, modern fitted kitchens with oven & hob, a private garden and parking. Market Harborough is a charming & historic market town with a full range of amenities including local independent shops as well as the bigger known brands, a selection of bars and restaurants are located within the town centre and surrounding villages, primary and secondary schools, doctor and dentist surgeries are also conveniently located. The town boasts excellent links to larger cities, including London, Birmingham and Leicester. Prices 2 Bedroom £280,000 (100%) 35% share = £98,000 Rent = £417.08 Plus the following monthly charges: Management Charge: £22.00 Buildings Insurance: £13.42 Estate Charge: £16.84 Shared Ownership is a government-backed scheme where you buy a share of your home and pay rent on the remaining share. This means you'll need a smaller mortgage and deposit to get you started. Once you've brought your new home you can decide to buy more shares in the property. The more shares you buy, the less rent you'll pay. You can keep doing this until you own 100% of your property The Price advertised is for our target share of 35% and is for illustration purposes only (to give an indication of the cost of purchase, rent, etc); it is not the minimum or maximum that is available for purchase. Other shares are available upon request & will be based on affordability, proceed ability & sustainability. Buyers will be considered on first come first served basis (assuming affordability, proceed ability & sustainability checks are met). Buyers need to demonstrate maximum affordability which will be determined via a Mortgage advisor prior to any agreed sale. Amount advertised is subject to change. An additional monthly rental charge applies that includes rent, buildings insurance, estate and management charge but excludes any mortgage payment. ^Images/photographs shown are for illustrative purposes only & simply represent a typical Midland Heart property at this location. >Floor plans depict a typical layout of this house type and are for illustrative purposes only. Properties may also be built ‘handed’ (mirror image) of those illustrated. Midland Heart reserves the right to alter and change certain aspects of a property – for exact plot specification please request a viewing. All dimensions are approximate only & estimate the widest and longest points of each room. As they are only approximate, they should not be used for carpet sizes, appliance spaces and furniture. These particulars do not form part of a contract or warranty.

Affordable Homes - Exclusive to Midland Heart A selection of Brand New 2 & 3 Bedroom Houses available to buy on Shared Ownership. Located in the market town of Coalville, within walking distance of the High Street. Great central location for all local amenities including shops, pubs, restaurants, schools, recreational facilities & easy access to the A511. 2 Bedroom Houses - £86,000 for a 40% share 3 Bedroom Houses - from £100,000 for a 40% share Great location close to local amenities Available on new Shared Ownership scheme with a 990 year lease These energy efficient new homes come with an impressive specification as standard including flooring/carpets throughout, modern fitted kitchens with oven & hob, a private garden and parking. Coalville is located in north-west Leicestershire, in the heart of the National Forest. This busy market town offers a range of amenities including shops, schools, cafes, pubs & restaurants, & recreational facilities. The town lies on the A511 road between Leicester and Burton upon Trent, close to junction 22 of the M1 motorway Price 2 Bedroom £215,000 (100%) 40% share = £86,000 Rent = £ 295.63 3 Bedroom from £250,000 (100%) 40% share = £100,000 Rent = £343.75 Plus the following monthly charges: Management Charge: £22.00 Buildings Insurance: 2 bed £13.42; 3 bed £15.32 Estate Charge: £17.25 Shared Ownership is ideal for those who cannot afford to buy a home outright. The scheme enables you to purchase an initial share in a property by normal means of a mortgage (or in cash) and pay a monthly fee to Midland Heart for the share you don’t own. This means you’ll need a smaller mortgage and deposit to get you started. You can then go on to purchase further shares in the future until you own your own home outright. The Price advertised is for our target share of 40% and is for illustration purposes only (to give an indication of the cost of purchase, rent, etc); it is not the minimum or maximum that is available for purchase. Other shares are available upon request & will be based on affordability, proceed ability & sustainability. Buyers will be considered on first come first served basis (assuming affordability, proceed ability & sustainability checks are met). Buyers need to demonstrate maximum affordability which will be determined via a Mortgage advisor prior to any agreed sale. Amount advertised is subject to change. An additional monthly charge applies that includes rent, buildings insurance, estate and management charge but excludes any mortgage payment. ^Any Images/Photographs shown are for illustrative purposes only & represent a typical Midland Heart property at this development.