Stortford Fields

The historic town of Bishop’s Stortford is nestled on the banks of the River Stort in rural Hertfordshire. It’s situated just west of the M11 motorway, on the county boundary with Essex, and just over 30 miles north of central London. It’s also the closest large town to London Stansted Airport and has a direct train to London Liverpool Street, reaching the city in less than 40 minutes.

Living at Stortford Fields means that you’ll have everything you need close to home. The town’s attractive high street is filled with 16th and 17th century buildings which sit alongside the newer Jackson Square Shopping Centre. Fresh from a £5.5 million facelift, Jackson Square is brimming with high street names and coffee shops. Your entertainment is covered too as there’s a cinema, health club, bowling alley and the Rhodes Arts Complex - a large live music and contemporary arts venue and museum.

There’s lots to do outdoors too as Bishop’s Stortford and its surroundings offer a whole host of parks and playgrounds such as Sworder’s Field where there’s plenty of space to kick a ball about, go for long walks and enjoy a splash in the popular splash-pool. 

ELIGIBILITY

The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller up front payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright.

At Stortford Fields you can buy a minimum 40% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.

To be eligible for shared ownership you would need to meet the following criteria:

• Your household income does not exceed £80,000 (outside of London) and £90,000 (inside of London) 
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide. 
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.

Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.

*Service charges are estimated and may subject to change.

**These photos are for information purposes only and may not represent a true likeness for the units being sold. They have been taken from similar developments/house types and digitally furnished to represent how the home could be laid out; the final colours/appearance/specification may differ from the images. We advise applicants to make their own investigations on future development in the area. We would suggest contacting the local authority for more information.