*Based on purchasing a minimum 25% share for a 1 bedroom apartment with a full market value of £200,000 and with an initial monthly rent of £343.75 on the 75% share you don't own.
2 bedroom houses are available from £77,500. This is based on purchasing the minimum 25% share, with a full market value of £310,000, with an initial monthly rent of £532.81 on the 75% share you don't own.
Monthly service charge estimate is £36.83pcm for the houses and £80.17 apartments.
Please note the following:
Eligibility conditions apply
Local applicants may have priority
Prices and projected handover dates are for guidance only and are subject to change
The 25% example above shows the minimum share available. Applicants will be means tested to confirm the share they purchase and are required to purchase the maximum affordable %
Successful applicants will have a maximum of 28 days ** to exchange contracts following VIVID’s solicitor issuing the contract pack. You must then complete on the purchase within a maximum 5 days of either exchange of contracts or following handover from the developer
** or if all legal paperwork and the mortgage offer is in you must complete the sale.
I really appreciate the opportunity to have a new-build home for me and my daughters. And for the stability shared ownership will bring us.
Here's some more information about the plots
Get more of an idea of how much these homes cost
Here are the estimated energy efficiency ratings
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Watch our 12 short videos and hear TV presenter Phil Spencer give a helpful introduction to buying a home with us. The videos cover everything from how to apply, to what happens on the day you move into your new home, and you can skip through to the ones you want to watch.