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As part of our Shared Ownership scheme, we are offering a number of 3 bedroomed homes from a 25% share of £48,749, and a deposit from as little as £2,437!
Shared Ownership is another way to buy your own home. You buy a percentage and pay rent on the rest. Thirteen own part of it - but you're living there, you decorate it, and you decide when to sell.
Buying a percentage means a smaller deposit and smaller mortgage. It's a sooner first step on the ladder for lots if people and you can also carry on buying shares so you own your home 100%!
Barley Gate, located in Chester-le-Street, is ideally positioned for the nearby cities of Durham, Newcastle and Sunderland - perfect for commuting and accessing established retail outlets, cultural attractions and major sporting venues.
Our homes at Barley Gate feature:
• Designer kitchen
• Open plan dining area
• Spacious living area
• Bi-folding doors opening out into the garden
• Downstairs WC
• Under-stairs storage cupboard
• En-suite to the master bedroom
• Additional double room with generous single room
• Contemporary sanitaryware
• Heated towel rail
• Heating controlled by Hive wireless thermostat
Estimated monthly finances for a Knightsbridge:
• 25% share: £48,749
• 5% deposit: £2,437
• Total rent (pcm): £370
Estimated monthly finances on a Newbridge:
• 25% share: £51,249
• 5% deposit: £2,562
• Total rent (pcm): £387
*Please note photography used is for illustration purposes. Share offered is dependent on individual financial situation and may differ from those shown. 5% typical deposit required by mortgage lender when mortgage is required. Actual deposit may vary based on lender and personal circumstances.