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SHARED OWNERSHIP

From £93,000

Swanwick Lane

3 bedroom houses
Fareham, Swanwick, Hampshire

 
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More information about Swanwick Lane...

Only 2 x Three bedroom houses remaining
£350,000
25%
Monthly rent £601.56

Incentive: £250* off legal fees

*terms and conditions apply

These spacious homes are designed for everyday life, combining bright contemporary interiors with flexible open-plan layouts. Each property has its own garden with patio to increase your enjoyment of the area and improve your quality of living. In addition, all properties have been fitted with solar panels to offset energy usage.

Each property is tastefully decorated in a timeless fashion, making it easier to alter elements according to your own decorative style. There are fully fitted kitchen units, selected appliances, and floor coverings throughout – while in the bathroom, finishing’s have been chosen to create a light and relaxed atmosphere.

These properties are located in the picturesque village of Swanwick, near Southampton, close to the River Hamble and its marinas. The village itself is home to the London Area Control Centre and the London Terminal Control Centre, which form a part of the National Air Traffic Services Air Traffic Control Centre. The village is served by Swanwick Railway Station on the West Coastway Line about one mile south of the village.
Our spacious homes are designed for everyday life, combining bright contemporary interiors with flexible open-plan layouts. Each property also has its own garden with patio to increase your enjoyment of the area and improve your quality of living. The properties are also fitted with solar panels to offset energy usage, as well as other energy saving measures.
Key features:
Each property is allocated at least one parking space, while some have two
Generous outdoor area with a garden and patio
Fitted kitchen units, stainless steel single oven, hob and hood, fridge/freezer and washer/dryer
Heated towel rail in bathroom
Carpeting and flooring throughout
Solar panels and other energy saving measures fitted
TV/Fibre Optic included
Please note: values, shares and service charge are to be confirmed and are subject to change.

Register your interest
To register your interest in Swanwick Lane, contact our team by email sharedownership@clarionhg.com.
Please note the values and service charges are to be confirmed

What is Shared Ownership?

Shared Ownership is an excellent way for people to take their first step onto the property ladder. You buy a share of between 25% and 75% of the property’s value and pay a subsidised rent on the remaining share. A key advantage is that, as part-owner, you have a security of tenure that renting cannot offer. Over time, you can buy more of the property until you own 100%.

You will need a small deposit at the outset – generally a minimum of 5% of your share, subject to conditions – and you will need to raise a mortgage on the rest of the sum required.

Am I eligible?

There are certain conditions you must meet to be eligible for a Shared Ownership property:

• Your annual household income must be no more £80,000.

• You must be unable to purchase a home suitable for your needs on the open market without assistance.

• You must be able to demonstrate a live or work connection to the area.

• You must not have any outstanding credit issues (i.e. unsatisfied defaults or county court judgments).

• You must be a first-time buyer. If you already own a home and need to move but cannot afford to, or you have equity from a recent sale, please contact us, as there are some circumstances under which you may still be eligible.

You will be asked to have a free financial assessment with a mortgage specialist to find out what share you can afford to buy. You will also be asked to complete an application form with the local Help to Buy agent. Sometimes you may need to be registered with your Local Authority. Specific criteria will be detailed on the information for each property.

Images may not necessarily depict the actual development and in some cases may be a typical example.