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Stannington Mews by Persona Homes in Morpeth

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

 

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Our homes at Stannington Mews are currently all reserved, but you can still register your interest and we will get in touch if any become available.

Ready to view? We are too! Take the next step to getting new home ready by booking your personal viewing appointment.

Get new home ready, start your shared ownership journey today through a quick chat with our Sales team. Ask about shared ownership, the buying process or our available homes so that when you want to take the next steps, you'll be new home ready.

Located near Morpeth, in an idyllic spot close the exclusive Tranwell Woods estate, Stannington Mews is a beautiful collection of two and three-bedroom homes, with 11 available now through shared ownership.

Our homes offer the best of both worlds - all the space of a house with the versatility of apartment-style living. Each one features a high-specification throughout, with elegant open plan living area, stylish fitted kitchen and tiled bathroom and en-suite, as well as private parking and a garage.

The full market value of these homes is from £155,000 but, with shared ownership, you could purchase an initial 25% share for just £38,750 and pay a monthly rent on the remaining share. This means your total monthly payments could be as low as £520. If you’re buying with a mortgage you would only need a deposit of 5% of the amount you borrow, meaning your deposit could be as low as £1,950**

Local area

Stannington Mews offers tranquil living in the heart of the beautiful Northumbrian countryside.
Surrounded by picturesque woodland, calm and serene days are guaranteed in your new home. You’re sure to love the benefits of clean air and great scenery, as well as being part of a growing community, with the village hall and local pub just a stone’s throw away. The area also boasts a range of highly-rated primary and secondary schools.
With a unique combination of history, heritage and beauty, the nearby market town of Morpeth truly highlights what Northumberland has to offer. You’ll find everything you need, from supermarkets to luxury high street shopping and live music, all within a 15-minute drive.

Stannington Mews is also just five minutes from the A1, so you're well-placed for commuting north and south, and if you still crave the city buzz, Newcastle City Centre is only 15 miles away.

Don’t miss out – view your new home at Stannington Mews now!

About shared ownership

Shared ownership is a government-backed scheme that makes it easier for you to buy an affordable stake in a property.

The share you buy is dependent on your financial and personal circumstances. It can be from a minimum of 25% to a maximum of 75% share of the full market value of the property. You may be able to buy further shares at a later stage and in most instances you will be able to buy up to 100% of the shares in your home and own it outright. However, in some cases there may be restrictions on when you can buy a further share or on the maximum total share you can own.

Further information can be found in our shared ownership Buyer’s Guide.

You qualify for shared ownership if you:

• Have a household income of under £80,000 (£90,000 in London)
• Don't currently own your home and can't afford to on the open market
• Can afford the minimum deposit
• Pass an affordability check to make sure you can get a mortgage

*This is based on a 25% share (£38,750) of the Reimann - a two bedroom house valued from £155,000 - with a 5% mortgage deposit (£1,950). The estimated monthly service charge is approximately £59.

Photos and CGIs are for illustrative purposes only and may feature previous developments

Persona Homes