New build bungalows

Welcome to the tranquil village of Witheridge, North Devon - first phase of homes available to move in now! A new collection of 2, 3, 4 & 5 bedroom houses and bungalows available with Shared Ownership. Located in the tranquil, rural village of Witheridge, Devon.Enjoy a laidback village lifestyle in the heart of the Devon countryside, Benson Grange is the perfect place to put down roots.There is a good selection of local shops, schools,  community groups and clubs to get involved in, with a wider range of leisure facilities, restaurants and shopping opportunities in the local area.Tiverton is just over 10 miles away and the historic town of Exeter is approx. 20 miles away, with trains to Paddington taking under 3 hours.There are nearby local bus services, Lapford Station is 8 miles away, with close connections to the A361, A377 and M5.Legal & General Affordable Homes is offering a unique opportunity to purchase a new home here through Shared Ownership. Thanks to this scheme, you can get on the property ladder sooner than you think with a lower deposit. For more information, please register or contact our Sales Consultant who will be delighted in helping you find your new home.Key Features2, 3, 4 & 5 bedroom Shared Ownership houses and bungalowsTranquil rural village locationSituated on the doorstep of both Exmoor and Dartmoor National Parks18 mins from the charming town of TivertonBrand new energy efficient homesPerfect for couples, families and downsizers looking for a peaceful place to call home WHAT IS SHARED OWNERSHIP?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 10 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 homes 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.ELIGIBILITY CRITERIA:To be eligible for a home at Benson Grange, you'll need to:Have a combined household income under £80,000 per annumNot already own a property, or part of a property, at the time of completing on your purchaseBe unable to purchase a suitable home to meet your housing needs on the open marketHave a minimum of £5,000 to cover the costs of buying a homeCustomers with a Live/Work or family Connection in the local parish will be prioritised 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: TBCCouncil 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.CGI images are a representation of some of the house styles in the development of Benson Grange

The scheme is built by Bovis Homes and the Housing Association is Amplius. Shared ownerships 25% - 75% available . Shares can be purchased with cash or mortgage and rent is then payable on remaining share The availability consists – 2 bedroom semi-detached bungalows- Full Market Value is £325,000 25% share = £81,250 50% share = £162,500 75% £243,750 2 bedroon semi-detached houses – Full Market Value is £325,000 25% share = £81,250 50% share = £162,500 75% share = £243,750 3 bedroom semi detached houses – Full market Value £365,000 25% share = £91,250 50% share = £182,500 75% share £273,750