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, pay an agreed percentage of the value and we will look after the balance... for now. Your home is 100% yours from day one… it really is that simple!
"The Shared Equity scheme at Springhead Park was definitely the best deal that I came across. I would definitely recommend the scheme to others that have found affordability to be an issue in the past."
Find out more.
Daniel Jeffery, Springhead Park, Ebbsfleet, Kent
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How it works…
- You buy 100% of a new home but pay an agreed percentage of the purchase price. Own your own home straight away!
- No rent or interest to pay on the outstanding percentage for 10 years!
- When you sell, or after 10 years (whichever is sooner) you pay back the relevant percentage of the current market value of your home.
- You own 100% of your property from the date of completion. This is not a shared ownership scheme.
- You don't have to be a first time buyer to be eligible, but the property you are buying must be for your own personal occupation.
- Countryside Properties' position is to be protected by means of a Second Legal Charge, ranking behind your principal mortgage.
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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.
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Availability
The Shared Equity scheme is currently available at:
Loxford Chase, Ilford
Sadlers Park, Burslem
The Cottons, Chadderton
For further information, please see Shared Equity Scheme FAQs.