**SHARED OWNERSHIP** Leaders are pleased to offer this stunning brand new shared ownership property in Empingham Meadows, Empingham. Minimum share of 25% - please call Leaders' Stamford branch for further details.
PRICE DISPLAYED IS FOR 25% SHARE
Shared ownership provides an affordable way for you to become a home owner, by buying a share in a new home and paying a subsidised rent on the remaining share. You will then have opportunity to purchase further shares in your home in the future up to 100%, which we call "staircasing", as further shares are purchased the rent reduces accordingly.
See how the monthly costs compare to renting privately....you may be surprised!
Cost example* based on a full market value of £227,995.
Total per month - £646.50 (Mortgage £230.22, Rent £391.87, Service Charge £24.41 based on a 25% share)
Total per month - £746.09 (Mortgage £460.44, Rent £261.24, Service Charge £24.41 based on a 50% share)
Total per month - £845.69 (Mortgage £690.66, Rent £130.62, Service Charge £24.41 based on a 75% share)
* Cost example assumes a 5% deposit, a mortgage interest rate of 3% and a term of 30 years.
5.8m x 4.0m (19'0" x 13'1")
3.7m x 2.6m (12'1" x 8'8")
with integrated oven and gas hob with extractor over, stainless steel 11/2 sink and drainer with mixer tap
wc and handbasin
4.4m x 2.6m (14'4" x 8'8")
4.6m x 4.1m (15' x 13'4")
2.6m x 2.3m (8'5" x 7'5")
white sanitaryware comprising wc, pedestal handbasin and bath
**Please note that this plot does not include built in wardrobes**