Apple Wood

2 - 3 bedroom homes in Hermitage Lane, Maidstone, Maidstone, ME16 9QQ

Tenure Shared ownership
What is Shared Ownership?
Availability Available
Min share price from £100,500 for 30% share
Full price from £290,000
Min deposit from £10,050
Monthly rent from TBC
Bedrooms 2-3
Bathrooms 1
Parking 1

Shared Ownership is a type of affordable home ownership when a purchaser takes out a mortgage on a share of a property and pays rent to a landlord on the remaining share.

For example, someone might buy a 50 per cent share in a property and pay rent to the landlord on the remaining 50 per cent. Purchasers then have the opportunity to ‘staircase’ up their share of the property, gradually increasing the proportion of their home that they own outright and therefore paying less rent on the remaining portion, until they own 100 per cent of their home.

Overview

Two bedroom show home viewing

New phase of spacious 2 and 3 bedroom Shared Ownership in Kent 

Check available viewing times:

https://viewings.hydemailer.co.uk/applewood

The Allington Collection

The Allington Collection at Apple Wood is a brand new phase of two bedroom apartments and two bedroom houses offering residents a corner of The Garden of England to lay down roots of their own.

Prices

Two bedroom apartments from £80,500 (35% share of £230,000)

Local area information

The rolling Kentish landscape is dotted with picturesque villages that hark back to a bygone age. At Apple Wood residents enjoy a location nestled between two fine examples.

Aylesford, a short distance to the north of Apple Wood, is reminiscent of a scene from a Constable painting, with its ancient stone bridge, Norman church and Grade II listed riverside inn, The Chequers, dating from 1511. Epicurean delights are brought to Aylesford by Hengist, a bastion of fine dining in a beautiful setting. Equally ideal for cosy winter warmers or summer time al fresco dining in it’s garden by the River Medway.

Highlights of the area include the Friars in Aylesford. Founded in 1242 as home to a religious order, the Friars today provides a tranquil, riverside location open to the public with a peace garden, tea rooms, the Aylesford Pottery and regular events including a monthly farmers’ market.

Status Plot No. Floor Beds Min share price Eligibility
Available 207 N/A 2 £116,000 View details
Available 208 N/A 2 £116,000 View details
Available 235 N/A 3 £100,500 View details
Available 236 N/A 3 £100,500 View details
Available 237 N/A 3 £100,500 View details
Available 238 N/A 3 £100,500 View details
Available 239 N/A 3 £100,500 View details
View More

FAQ's

Min share price from: £116,000 for a 40% share
Full price from: £290,000
Minimum deposit from: £10,050
Monthly rent from: £399
Bedrooms: 2
Bathrooms: 1

There are 7 available ranging from £116,000 for a 40% share to £100,500 for a 30% share.

It’s the same as buying on the open-market but you’re buying a share of a property, so therefore pay a mortgage on the part you own.

An independent mortgage advisor can help suggest which type of mortgage might be best for you, based on your situation.

Leasehold, which is essentially the contract for the share you've bought.

It means you've got the right to keep your home for a certain number of years (usually at least 125), but the land belongs to someone else. Your lease also sets out how much you need to pay each month, your responsibilities while living there and all the details of your agreement with the housing association. Make sure you go through it and ask lots of questions.

Your solicitor can help you with this.

It all depends on your lease (your contract with the housing association) so check it thoroughly and ask questions before you buy.
Illustration by: James Halsall

Register Interest

Register your interest to be contacted by a housing provider. You will need to provide basic eligibility criteria during the register interest process.

Apple Wood

2 - 3 bedroom homes in Hermitage Lane, Maidstone, Maidstone, ME16 9QQ

Tenure Shared ownership
What is Shared Ownership?
Availability Available
Min share price from £100,500 for 30% share
Full price from £290,000
Min deposit from £10,050
Monthly rent from TBC
Bedrooms 2-3
Bathrooms 1
Parking 1

Shared Ownership is a type of affordable home ownership when a purchaser takes out a mortgage on a share of a property and pays rent to a landlord on the remaining share.

For example, someone might buy a 50 per cent share in a property and pay rent to the landlord on the remaining 50 per cent. Purchasers then have the opportunity to ‘staircase’ up their share of the property, gradually increasing the proportion of their home that they own outright and therefore paying less rent on the remaining portion, until they own 100 per cent of their home.

Location

Housing Provider

Trusted by

Southern Complete Moves Mayor or London National Housing Federation Moat Homes