- Gas central heating
- Double glazed windows
- Modern fitted kitchen
- Allocated parking
Part of the Judith Gardens, Sawtry development
We are working with Bovis Homes to offer three bedroom houses for shared ownership in Sawtry.
Sawtry is 11 miles north of Huntingdon and 15 miles south of Peterborough and 17 miles from St Neots. Trains run from Huntingdon and Peterborough, to London Kings Cross and London St Pancras taking approximately one hour.
Sawtry is a bustling village with Post Office, butcher’s, newsagents, vets, chemist, and hair and beauty services. Queensgate Shopping Centre in Peterborough has more than 100 stores and the City Market
Price - Plot 98
25% Share at £91,750
Rent on unsold share £627.34
50% Share at £182,500
Rent on unsold share £418.22
75% Share at £273,750
Rent on unsold share £209.11
Please pre-register your interest for this development, we will contact you as soon as we have any further information.
Shared Ownership is a fantastic opportunity if you're an unable to purchase a home on the open market. It allows you to buy a share in a property on a part buy/part rent basis and pay a subsidised rent on the part that you do not own. Over time you can purchase more shares in your property – this is known as ‘staircasing’. This can be done at any time after initial purchase and it will reduce the amount of rent you pay as the share of the home that you do not own will have got smaller.
We will offer shares between 25-75% of the property value depending on the outcome of the affordability assessment. The higher the share you purchase, the lower your rent will be. You will need to be able to obtain a mortgage for the share you want to purchase unless you have sufficient funds to enable you to purchase a share outright. Deposit amounts will be lower than purchasing a property on the open market also the combined cost of mortgage and rent is often cheaper than privately renting in the area.
Am I eligible?
Shared Ownership uses the following criteria to help people to get onto the property ladder:
- Maximum annual household income of £80,000.
- Unable to purchase a home suitable for your needs.