Bridge View

3 bedroom homes in Oak View Road, Wadebridge, Cornwall, PL27 6FH

Tenure Shared ownership
What is Shared ownership?
Availability Available
Min share price from £100,600 for 40% share
Full price from £251,500
Min deposit from £5,030
Monthly rent from £333
Bedrooms 3
Bathrooms 1
Parking 2

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

A fantastic opportunity to purchase one of two 3 bedroom houses at the Bridge View development in Wadebridge.

Prices start from £100,600 for a 40% share* of a 3 bedroom home. 

No stamp duty for first time buyers. 

With Shared Ownership, you buy an initial share of your new home - usually between 25% and 75% - and you pay a discounted rent on the remaining share. The share you buy will be the most you can afford based on a financial assessment. Then, if your financial circumstances improve, you can buy further shares as and when it is appropriate to you, and in most cases you can own your home outright. Contact us today to confirm your eligibility.

Local area information

This development is situated on the hillside overlooking the River Camel. Wadebridge is the starting point for the Camel Cycle Trail and is well known for holding the Royal Cornwall Show. Pop in your car and you will have easy access to all the beaches that the north coast has to offer.

Status Plot No. Floor Beds Min share price Eligibility
Available 70 2 3 £100,600 View details
Reserved 69 2 3 £101,000 View details

FAQ's

Min share price from: £100,600 for a 40% share
Full price from: £251,500
Minimum deposit from: £5,030
Monthly rent from: £333
Bedrooms: 3
Bathrooms: 1

There is only one available priced at £100,600 for a 40% 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.

Bridge View

3 bedroom homes in Oak View Road, Wadebridge, Cornwall, PL27 6FH

Tenure Shared ownership
What is Shared ownership?
Availability Available
Min share price from £100,600 for 40% share
Full price from £251,500
Min deposit from £5,030
Monthly rent from £333
Bedrooms 3
Bathrooms 1
Parking 2

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