With many buyers finding it difficult in the current climate, you could soon be looking forward to a new home without the cost of a full mortgage. Choose a new Countryside Properties home and enjoy 100% ownership for 75% of the cost! There’s no deposit and your home is 100% yours from day one… it really is that simple!
How it works…
- You buy 100% of a new home but pay just 75% of the purchase price. Own your own home straight away!
No rent or interest to pay on the outstanding 25% for the first 5 years. Only a nominal amount of interest thereafter.
Return 25% of the market value of your home when you sell, or after 10 years.
You own 100% of your property from the date of completion. This is not a shared ownership scheme.
Legal and survey fees paid up to £1,000.
Anyone can apply, you don't have to be a first time buyer.
Countryside Properties' position is to be protected by means of a Second Legal Charge, ranking behind your principal mortgage.
How to make it happen…
Applying for Shared Equity couldn't be simpler. Just ask a Countryside Properties sales consultant to get the ball rolling. You'll initially be referred to an independent financial advisor. Should you proceed, you'll next be invited to use one of a range of reputable independent solicitors recommended by Countryside Properties.
Availability
The Shared Equity scheme is currently available at:
Loxford Chase, Ilford
Meridian Place, Chelmsford
Mulberry Mews, Chelmsford
Priors Green, Takeley
Springhead Park, Ebbsfleet
The Old Baths, Bexleyheath
Waterstone Park, Greenhithe
For further information, please see Shared Equity Scheme FAQs.