Clover View

1 bedroom homes in Clover View, Wakefield, Wakefield City, WF6 2HT

Tenure Shared ownership
What is Shared Ownership?
Availability Available
Min share price from £42,800 for 50% share
Full price from £85,600
Min deposit from £2,140
Monthly rent from £98
Bedrooms 1
Bathrooms 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

Clover View, Normanton is made up of 1 & 3 bedroom apartments now available on part buy - part rent.

Local area information

Normanton town centre is within walking distance and provides all of the amenities required for daily life, including supermarkets, high street banks, a post office, cafes, high street stores and much more. Young families will be pleased with the choice of primary & secondary schools in the area, whilst Haw Hill Park is just a few minutes’ walk away and provides a superb range of facilities including a children’s play area, tennis courts, duck ponds and plenty of green open space.
*Images are for illustrative purposes only. Please speak to Sales Adviser for full details*

Status Plot No. Floor Beds Min share price Eligibility
Available Brookdale House 1 £43,800 View details
Available Coverdale House 1 £45,300 View details

FAQ's

Min share price from: £43,800 for a 50% share
Full price from: £86,600
Minimum deposit from: £2,140
Bedrooms: 1
Bathrooms: 1

There are 2 available ranging from £43,800 for a 50% share to £45,300 for a 50% 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.

Clover View

1 bedroom homes in Clover View, Wakefield, Wakefield City, WF6 2HT

Tenure Shared ownership
What is Shared Ownership?
Availability Available
Min share price from £42,800 for 50% share
Full price from £85,600
Min deposit from £2,140
Monthly rent from £98
Bedrooms 1
Bathrooms 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