Meadow Brook - 17 Shire Way, Tattenhall, Chester

Shire Way , Tattenhall, Chester, CH3 9RL

Meadow Brook - 17 Shire Way, Tattenhall, Chester

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Available Now

Shared Ownership Scheme

This home is sold through the Shared Ownership Scheme*. The advertised price of £48,125 represents a 25% equity share.

Buyer decides share amount based on affordability, can be any amount from 25% to 75%.

Break down of examples of some of the share amounts available, rent and other costs in addition to your mortgage payment based on full market value of £160,000:

  • 25% share (£48,125)   Rent £330.86 pm
  • 50% share (£96,250)   Rent £220.57 pm
  • 75% share (£144,375) Rent £110.29 pm

A service charge of £52pm

You will need a minimum 5% deposit for mortgage purposes and funds to pay for solicitor fees, moving costs & furnishings.

*Shared ownership provides an affordable way for you to become a home owner, by buying a share in a new home and paying a subsidised rent on the remaining share. You will then have opportunity to purchase further shares in your home in the future up to 100%, which we call "staircasing", as further shares are purchased the rent reduces accordingly.

Specification

This 2 bedroom house on the Meadow Brook development in Chester includes the following key features:

  • New build
  • 2 bedrooms
  • Integrated appliances in the kitchen
  • Double glazing
  • Lawned rear garden
  • Off road parking

Shared Ownership

Buy a share in the home, such as 50%, or 75%, & pay a reduced rent on the remaining share. Buy more shares as and when you can afford them. Visit the Shared Ownership section for more information.

25% Ownership Pricing

Full Property Price Price For Percentage Share Monthly Rent For Share
£192,500.00 £48,125.00 £330.86

40% Ownership Pricing

Full Property Price Price For Percentage Share Monthly Rent For Share
£192,500.00 £77,000.00 £264.69

50% Ownership Pricing

Full Property Price Price For Percentage Share Monthly Rent For Share
£192,500.00 £96,250.00 £220.57

75% Ownership Pricing

Full Property Price Price For Percentage Share Monthly Rent For Share
£192,500.00 £144,375.00 £110.29