Business Profile: Settle – Shared Ownership at Meridian Gate
Phase 1 Sold out – PHASE 2 now launched.
Are you hoping to get on the property ladder now or in the future but struggling to get a large enough deposit together? Shared Ownership could help you take your first step up and allow you to buy a new home that you would have otherwise been unable to afford on the open market.
Settle are currently offering initial shares of between 40-75% on all new shared ownership 2 and 3-bedroom homes at Meridian Gate in Royston. Available to move into in Winter 2020.
Not just for first time buyers, these homes will also suit those who have previously owned a home, and have some equity available, but not quite enough to get back on the housing ladder. Your existing home must be sold.
Prices start from £126,000 for a 40% share on a 2-bedroom home. You will be required to fund this with a mortgage or cash and will then pay rent on the remaining share along with a service charge.
You can also buy further shares in your home giving the you the opportunity to eventually own 100% of your home, this is called staircasing.
For further information or to view our new homes visit: www.settlegroup.org.uk/meridiangate
Applicants must have a local connection to the area, this means you must either live, work or have immediate family living in the North Hertfordshire District Local Authority area.
0330 343 0016