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Stamp duty exempt for first-time buyers
Buy from £125 a week!*
Two and three bedroom homes in Backworth Park, Backworth, available to buy through shared ownership.
Free flooring OR legal fees paid if you reserve by 31st January**
**To be entitled to the incentive, customers must reserve by 31st January and complete by 28th February
Our houses in Backworth offer the best of both worlds; close enough to the coast for a daily stroll and just a twenty-minute journey to the hustle and bustle of Newcastle city centre.
Our homes have a spacious living room, a fully integrated kitchen, downstairs cloakroom and additional storage space, a high specification family bathroom and good-sized bedrooms. Each home also benefits from parking bays and an enclosed turfed rear garden.
Prices start from £174,000, but with our shared ownership scheme, you could be purchasing a share for as little £43,500 (25% share). This means your weekly payments could be as low as £125 per week*, making the cost of buying a new home more affordable. If you're buying with a mortgage, you'd only need a 5% deposit on the share you purchase, which means your mortgage deposit could be as little as £2,175! The share you purchase is dependent on your affordability and personal circumstances.
Home specification
Kitchen
· Caple oven and hob
· Extractor with stainless steel splashback
· Candy 250L fridge freezer
· Ravel white gloss cupboards and black worktops
· Black Forbo cushion flooring
· 1 and 1/2 bowl sink
Bathroom
· Concept sanitaryware
· Aqualisa electric shower and glass shower screen
· Tiled to three sides of the bath and sink splashback
· Novilon wood effect vinyl flooring
Outdoors
· 1.8m boundary fencing around the turfed rear garden
· Outdoor tap
· Parking bays (1 bay for two bedroom homes, 2 bays for three bedroom homes)
Specifications are subject to change.
*This is based on a 25% share (£43,500) of a two bedroom house valued from £174,000 with a 5% mortgage deposit (£2,175). Photos are for illustrative purposes only.
