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Shared ownership

Manor Farm in Market Harborough

by Midland Heart Housing Association

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2 bedroom houses
From £112,000 for a 40% share
(From £280,000 Full Market Value)

Market Harborough, Leicestershire, LE16 7BX

Midland Heart Housing Association

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This is a Shared ownership development by Midland Heart Housing Association

Available Now - A small number of Brand New 2 Bedroom Houses available to buy on Shared Ownership.

Located on a new Davidsons development (near Wellington Place) 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
• £112,000 for a 40% 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%)
40% share = £112,000 Rent = £385.00

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 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 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.

Example Shared ownership share price options

The following table shows examples of the share price range of this development at various share points

 
Share Price from
40% share£112,000
45% share£126,000
50% share£140,000
55% share£154,000
60% share£168,000
65% share£182,000
70% share£196,000
75% share£210,000
 

Are we missing any purchase information? Contact the developer

Please note: Computer generated images are for illustrative purposes only. Images may include optional upgrades at additional cost. Its purpose is to give a feel for the development, not an accurate description of each property. External materials, finishes, landscaping and the position of garages (where provided), may vary throughout the development. Properties may also be built handed (mirror image). Please ask for further details.

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