Broadland Fields by Legal & General Affordable Homes in Thorpe St Andrew

Discover Broadland Fields

A stunning collection of contemporary 2, 3 and 4 bedroom houses available for Shared Ownership. Located on the edge of Norwich, north of Postwick, close to the River Yare, this new community offers the perfect place to put down roots in a home of your own.

Your new home at Broadland Fields has been built around your lifestyle including modern, open plan living areas that are full of natural light. Kitchens are streamlined and well equipped, with integrated appliances and ample workspace to show off your culinary skills. Finished to a high specification, every home has space for a home office helping you strike the perfect work-life balance.

Benefitting from a superb range of nearby amenities, including local pubs, schools, restaurants and sports clubs, you'll never be bored at Broadland Fields. And you'll have all the facilities of a major city - including excellent shopping - on your doorstep. Whether you're heading into Norwich for a big night out, or enjoying a boat ride along the Norfolk Broads, this is a location that offers the best of town and country.

Legal & General Affordable Homes is offering a unique opportunity to purchase a new home here through Shared Ownership. Thanks to this scheme, you can own your own home with a lower deposit than is required to buy outright or with other buying schemes.

The first phase of Shared Ownership homes at Broadland Fields will be ready to move into from Autumn 2022.

Financial Breakdown:

• Full Market Value: £300,000 - £517,500
• 40% Share Value: £120,000 - £207,000
• 5% deposit of 40%: £6,000 - £10,350
• Rent on unowned share: £413 - £712 per month
• Service Charge: £46 - £64 per month
• Council Tax: TBC*

Key Features:

• To Be Confirmed Shortly

For more information, please register or contact our Sales Consultant who will be delighted in helping you find your new home.

Shared Ownership is a more affordable way to have the security and stability of owning your own home. Shared Ownership is a government backed part buy/part rent scheme designed to help you take that first step on the property ladder. The scheme enables buyers to purchase a share of the value of the home - this is usually between 25 to 75 percent of the value of the property - and pay a subsidised rent on the remaining portion. You have the option to buy a bigger share in the property at a later date (known as Staircasing).

Legal & General Affordable Homes are a Registered Provider offering these apartments for sale on a Shared Ownership basis. We are creating communities to live, grow and flourish and are committed to removing the stress and anxiety associated with moving house, whilst delivering customer satisfaction and quality new homes.

To be eligible for a home at Broadland Fields, you'll need to:

• Have a combined household income under £80,000 per annum
• Not already own a property, or part of a property, at the time of completing on your purchase
• Be unable to purchase a suitable home to meet your housing needs on the open market
• Have a minimum of £5,000 to cover the costs of buying a home
• Eligible buyers must also be registered with Help to Buy

If you don't meet the eligibility criteria for this development, you may still qualify for a shared ownership purchase at one of our others, so take a look at our website for more information.

*Council tax bands are often not released until the property is complete. If you need any guidance, please get in touch with our Sales Consultants otherwise the local authority or the developer may be able to help.