Prices from £68,250
Part of the Saxon Fields, Skegness development
Use the Shared Ownership mortgage calculator to estimate the cost of buying this home
The DevelopmentSkegness is a seaside town in the District of East Lindsey. It has a long, wide, sandy beach which is a main attraction for visitors and was awarded the Blue Flag which recognises the beach's high-quality water, facilities, beach safety, management and environmental education facilities.
Skegness benefits from good local amenities including doctors, petrol station, pubs, supermarket, bus services and post office. There is also a railway station in the town centre.Skegness has two secondary schools, Skegness Grammar and Skegness Academy as well as a Primary School.
To the south of Skegness is Gibraltar Point, a national nature reserve, Skegness offers some great entertainment for all ages including regular big name shows at the Embassy Theatre.
Natureland Seal Sanctuary rescues and houses distressed seals; it also features penguins, aquariums, and other animals. The town has an aquarium. Further into the town, The Village Church Farm (formerly Church Farm Museum) contains exhibitions about historical farming life.
** 3 bed semi detached house - Plot 273 available now **
This property comprises of an Entrance Hall, Living Room, W/C and understairs storage, and an open-plan Kitchen Dining Room. To the first floor, there are Three Bedrooms with an En-Suite to the Master Bedroom and a Family Bathroom.
These properties are BUILD COMPLETE, we're therefore able to accommodate viewing requests where possible.
Other shares can be purchased subject to an affordability assessment.
Examples of deposit rates are based on our minimum required deposit rate of 5%. However please seek financial advice to confirm what deposit rate is available to you.
Council Tax TBC - due to these properties being new builds and not being previously occupied the council tax and banding has not yet been set.
Service Charge - A service charge will be charged against the property and is paid monthly with your rent payment. The service charge is reviewed on an annual basis on April 1st. This will include Buildings insurance, management and any communal/estate charges that may be covered (if applicable). The service charge displayed is estimated based on the initial assessment of the scheme, please contact the sales consultant for details.
Management Company Charge - There is a management company charge applicable for this property and the estimated charge can be provided upon request.
Ground Rent - Not applicable
Homes England Key Information Document – please download and read through our key information document for this property. This will include pricing details, eligibility and some lease 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.
For more detailed information and your obligations in relation to shared ownership please download our 'Guide to Shared Ownership'
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
buy from £40,250
buy from £68,250