Plot 220 Mayfield Gardens Available

Address:

Monkerton, Exeter
Devon, EX1 3UU

Bedrooms:

2 Bedrooms

Availability:

Available

Available as:

40% Shared Ownership (new home)

View price breakdown
Price breakdown
Share price:
£98,000.00
Share:
40 %
Monthly rent:
£336.88
Monthly service charge:
£37.09

Key features

  • 2 bedroom semi detached house

  • 40% Shared Ownership

  • Carpet and flooring provided

  • Enclosed rear garden

  • Garage

  • Integrated ceramic hob, electric oven and extractor hood

  • Modern tiled bathroom

  • Broadband - Fibre to the Premises

  • Downstairs W/C

  • uPVC double glazing

Other information

  • Tenure: Leasehold

  • Lease term: 250 years

Summary

This 2 bedroom semi detached home in Exeter is available to purchase with Shared Ownership.

Shared Ownership is another way to buy your home. You buy a percentage and pay rent on the rest. Guinness owns part of it - but you're living there, you decorate it and decide when to sell.

Buying a percentage means a smaller deposit and a smaller mortgage. It's a sooner first step on the ladder for lots of people. In the future, you can carry on buying further shares to own it 100%. 

How do I get more information?

Simply complete the “Make an enquiry” form at the bottom of this page or give us a call on 0300 456 0522 selecting Option 1.

What share will I buy? 

You can buy a share ranging from 40% to 40%. You’ll need to be able to get a mortgage or have savings to cover the price of the share. You should remember that you need to pay your mortgage and rent payments each month as well as the usual household outgoings. We will conduct an affordability assessment after you’ve completed your application form and advise you if this is possible.

Am I eligible?

In summary, you need to be over 18 and live in the UK. When purchasing using Shared Ownership there is a maximum household income of less than £80,000.

What happens in the future? 

Once you’ve moved in and you have settled you might decide to buy further shares until you own the property outright or alternatively you might choose to sell your home. We will help you with both of these options. 

Where can I find more information about Shared Ownership? 

For more information, you can download our guide to buying your Shared Ownership home.

How do I proceed?

Simply complete our application form and we'll guide you through choosing a property to reserve.

Send us a message

You can include a phone number if you would like us to call you.