Two bedroom ground floor flat for sale on Bovis Homes Fairacre Collection site in West Witney.
40% shared ownership plus £309.3 monthly rental on the Fairacre Collection Development in West Witney.
Offering an entrance hallway, two double bedrooms, open plan kitchen/living area and a spacious bathroom, these two bedroom apartments are ideal for any first time buyers.
Located on the edge of the growing town of Witney this development is brilliantly positioned to access the local frequent public transport. The development is within 1.1 miles of the town centre and within 14 miles of Oxford city. With easy access to the A40 The Cotswolds are a short drive away with Burford being the closest Cotswold village. The development is positioned to be within the catchment of a number of primary schools such as West Witney and Our Lady of Lourdes.
The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller up front payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than youâ€™d expect to pay if you bought a similar property outright.
At Fairacre Collection, you can buy a minimum 40% share of your home (the maximum you can buy initially is 75%). When youâ€™re ready, you can buy more shares until you staircase to owning 100% of your home.
Chancellors are selling the homes on Fairacre Collection development on behalf of Sage Housing. Sage Housing is a Registered Provider committed to providing high quality affordable homes across England.
Price is £225,000 and share/rent is below:
40% share - £90,000. Rent - £309.3
50% share - £112,500. Rent - £257.8
75% share - £168,750. Rent - £128.9
Sage Housing terms and conditions apply. Images are indicative and for illustrative purposes only. Prices are based on purchasing a 40% share of the lowest value home at time of broadcast. *Shared Ownership â€“ Terms and conditions apply. Eligibility and affordability criteria apply. Minimum (25%) and maximum (75%) share values will apply, and rent is payable on the unsold share. Please speak to a member of our Sales Team for more details.
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