Muir is delighted to present Cromwell Abbey, Ramsey, Cambridgeshire. This development features 2 and 3 bedroomed homes available to purchase through shared ownership Plot 56 ,80 & 81 - 3 Bedroom Semi-detached starting at 35% share £103,250 - Flooring incentive availablePlots 21& 22 - 3 Bedroom Semi-detached starting at 40% share £118,000Plot 8 - 2 Bedroom Semi-detached starting at 40% share £95,000 Shares available from 35% on Plots 80 &812 bedroom Full Market Value - £237,50040 % Share Value : £95000Rent on unowned 40% share - £326.56These homes have been developed by Bovis Homes. Each new-build home has been carefully designed to offer spacious, practical fitted kitchens, comfortable living spaces, well planned bedrooms and attractive exteriors. Every aspect of your new Muir home is carefully finished to the highest standard and the development is designed to compliment the surrounding bustling town of Ramsey.Ramsey is a bustling market town in the Huntingdonshire district of Cambridgeshire. There is easy access from Ramsey to both Peterborough and Huntingdon with Ramsey being around half way between the two. Huntingdon is around 12 miles away from where you can easily catch a train to London in less than an hour. There are a range of local shops, supermarkets, an indoor market and cafes. There are several primary schools and a secondary school.Full Market Value 3 bedroom -£295,50025% Share Value: £73,75035% Share Value £103,25040% Share Value: £118,000 Rent on unowned 25% share: £507.89Rent on unowned 35% share £439.43Rent on unowned 40% share: £405.60 Service Charge AppliesCouncil Tax: Council tax bands are often not released until the property is complete. Fully fitted kitchen with oven, hob and extractor fan Vinyl flooring to kitchen and bathroom Two parking spaces Downstairs cloakroom Double glazing and high performance insulation throughout Electrically wired smoke detectors Private turfed garden 10 year new homes warrantyEligibility Have a combined household income under £80,000 per annum Not already own a property, or part of a property, at the time of completing on your purchase Be unable to purchase a suitable home to meet your housing needs on the open market. Information on Shared Ownership; If you can't afford the mortgage on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 25% and 75%) and pay rent on the remaining share. You could buy bigger shares when you can afford to do so which is referred to as 'staircasing' and the more shared you own, the less rent you pay. Muir Housing Group offer 'staircasing' to 100% ownership. Management and estate charges apply Flooring incentive on selected plots only, to be re-imbursed post completion.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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