Shared ownership is another way to buy your own home. You buy a percentage, and pay rent on the rest. The housing association owns part of it — but you’re living there, you decorate it, and you decide when to sell.
Buying a percentage means a smaller deposit and smaller mortgage. It’s a sooner first step on the ladder for lots of people. Usually, you can also carry on buying shares, to own it 100%.
Plantation Road
Overview
Available for sale on a shared ownership basis, Greenfields will have one 2-bedroom semi-detached and five 3-bedroom semi-detached houses which are due between November and December 2019.
These new properties will enjoy a spacious living room/dining area. There will be a separate kitchen designed to a high standard with built in oven, hob and hood.
The properties feature two/three bedrooms, a family bathroom and second downstairs toilet.
There will be vinyl flooring to the kitchen and bathrooms.
The properties also benefit from having two allocated parking spaces.
Rent and service charges are reviewed annually.
The service charges stated are estimated and are to be confirmed by the developer. They are expected to apply for road maintenance, lighting and communal grounds maintenance.
Please note once our solicitor has received all documents we will expect to exchange within 6 weeks of handover.
Local area information
Boreham is a village and civil parish, in Essex, England. The parish is in the City of Chelmsford and Chelmsford Parliament constituency. Boreham village lies between Chelmsford City and Hatfield Peverel. It has a population of just over 5000 and has a Village Hall and two recreation grounds, as well as a hairdressers and barbers, post office, a primary school and a doctor’s surgery. There is also several shops including a fine butchers shop, a gun shop and three public houses.