Wellington Green
3 bedroom homes in Bittern Close, Farndon, Cheshire West and Chester, CH3 6RY
| Tenure |
Shared ownership What is Shared Ownership? |
| Availability | Available |
| Min share price from | £52,500 for 25% share |
| Full price from | £210,000 |
| Min deposit from | £2,625 |
| Monthly rent from | £361 |
| Service charge from | £34 |
| Bedrooms | 3 |
| Bathrooms | 1 |
| Parking | 1 |
| Wheelchair accessibility | No |
| Pets | Yes |
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
Wellington Green is a stunning development of 2 and 3 bedroom homes for shared ownership.
Plot 32 is the last 3 bedroom home available on a shared ownership basis at Wellington Green in Farndon. The Fircroft compromises of a spacious living room to the rear overlooking the garden, a kitchen/dining room to the front and a downstairs W.C.
Upstairs has 2 spacious double bedrooms with a large 3rd single bedroom and a family bathroom.
Incentives are available on this last remaining plot!
Local area information
Farndon is a beautiful village in Cheshire, in close proxmity to the city of Chester.
| Status | Plot No. | Floor | Beds | Min share price | Eligibility |
|---|---|---|---|---|---|
| Available | 32 | N/A | 3 | £52,500 | View details |
FAQ's
Min share price from: £52,500 for a 25% share
Full price from: £210,000
Minimum deposit from: £2,625
Monthly rent from: £361
Bedrooms: 3
Bathrooms: 1
There is only one available priced at £52,500 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.
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.
Wellington Green
3 bedroom homes in Bittern Close, Farndon, Cheshire West and Chester, CH3 6RY
| Tenure |
Shared ownership What is Shared Ownership? |
| Availability | Available |
| Min share price from | £52,500 for 25% share |
| Full price from | £210,000 |
| Min deposit from | £2,625 |
| Monthly rent from | £361 |
| Service charge from | £34 |
| Bedrooms | 3 |
| Bathrooms | 1 |
| Parking | 1 |
| Wheelchair accessibility | No |
| Pets | Yes |
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.
Housing Provider
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