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Available for Shared Ownership
**PLEASE NOTE prices are estimated based on a *35 %* of the current full market valuation but are subject to change, therefore please use as a guide only until properties are released for sale and prices are updated.**
The Nicker Hill development is ideally situated in the village of Keyworth & 6 miles South of Nottingham. There are brilliant commute connections, outstanding schools & local amenities to enjoy. The properties will benefit from a 10 year NHBC warranty.
These properties briefly comprise of an Entrance Hall, downstairs WC, Living Room with storage and a Kitchen/Dining Room. To the first floor, there are two double bedrooms, one single bedroom and a family bathroom. Additional benefits include allocated parking for two vehicles and an enclosed rear garden.
Prices are subject to change and based on an estimation of the current market value, please use as a guide only until properties are released for sale.
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.
*Please note some images are typical and should be used as a guide only
Complete the below enquiry form to register your interest in this developmentEnquire
Check your affordability
Use the Shared Ownership mortgage calculator to estimate the cost of buying this homeLaunch calculator