Morley Carr Farm, 3 bed homes
Morley Carr Farm, Yarm is made up of 3 bedroom houses now available on part buy - part rent.
Local area information
Found in the historic market town of Yarm, Morley Carr Farm offers an outstanding range of homes in a great choice of designs, tailored to suit any taste.
Located just minutes from the centre of Yarm, Morley Carr Farm provides the perfect location for your new home. The high street continues to be the thriving hub of the town and provides a superb choice of well-known shops, as well as independent stores, tea rooms, cafés, butchers, bakers and more. For evenings out there is also a great choice of restaurants and bars to enjoy with friends and family.
Min share price from: £94,975 for a 50% share
Full price from: £189,950
Minimum deposit from: £4,749
There are 2 available ranging from £94,975 for a 50% share to £132,975 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.