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St Mary’s Village by Legal & General Affordable Homes in Ross on Wye

Sorry, this development is no longer listed on newhomesforsale.co.uk.

 

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St Mary's Village is an exclusive development of luxury two and three-bedroom houses situated in the idyllic town of Ross-on-Wye, in Herefordshire. 

The properties have been built to the highest standard and designed with modern living in mind.

Offering a collection of wonderfully appointed homes ideal for young families and those trying to get to the property ladder. 

St Mary's Village amenities include open green spaces, playgrounds, and a community hub. Less than a mile from St Mary's Village is some of the most breathtaking scenery in Herefordshire, nestled in the luscious Wye Valley.

Please Note:
Images shown are representative and do not show actual homes at St Mary’s Village.

All 2 bed houses are now currently reserved, there will be more released in the next phase in Summer 2022.

Price breakdown:
• Minimum share: 25%
• Minimum share value: £64,375
• Full market value: £257,500
• Service charge per month: £62 per month
• Rent on un-owned share: £443 per month
• 5% deposit required: £3,2185.75
• Anticipated Household Income to purchase 25%: £29,969

Features:
• Integrated hob & oven
• Turf to garden
• Paved patio area
• Parking for 2 cars
• 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 St Mary’s Village, 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
• Eligible buyers must also be registered with Help To Buy

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.

Legal & General Affordable Homes are a Registered Provider offering these houses 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.

Legal & General Affordable Homes