Bee Meadow by Legal & General Affordable Homes in South Molton

Shared Ownership 3 Bedroom Houses in Devon

Bee Meadow located in the historical town of South Molton is a selection of three-bedroom homes surrounded by magnificent scenery. The homes at Bee Meadow have been finished to a high standard with interiors reflecting a perfect blend of traditional heritage and contemporary sophistication. These properties feature a contemporary open plan living space with access to the outdoor patio and garden area, ideal for entertaining.

Key features:
• Open-plan layout
• Paved patio area
• Turf to rear garden
• Two allocated parking spaces
• NHBC 12 year warranty

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 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).*

Eligibility criteria:
To be eligible for a home at Bee Meadow, you’ll need to:

• Have a gross household income of no more than £80,000 per annum
• Be unable to purchase a suitable home to meet your housing needs on the open market
• Not already own a home or you will have sold your current home before you purchase

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.

The images shown are indicative and intended to act as a guide only.