St. Andrews Gardens, 3 bed homes
Own this gorgeous home with just a £2,375 deposit!
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Local area information
Situated just outside the historic market town of Morpeth you’ll find a beautiful range of 3, 4 & 5 bedroom homes at St Andrews Gardens, ideally located for those looking for an idyllic semi-rural setting for their new home. With Morpeth town centre just a couple of miles away, all of the amenities needed for daily life are close at hand.
The position of the development is ideally placed for those commuting further afield via the A1, meaning trips to Newcastle City Centre and North to the borders and beyond are just a drive away. Local attractions such as Whitehouse Farm & the peaceful views of Northumberland National Park and the nearby coastal scenery are also within driving distance from the development.
Min share price from: £60,000 for a 25% share
Full price from: £239,995
Minimum deposit from: £2,375
There is only one available priced at £60,000 for a 25% 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.