Plot 317 | Block C3 CD32 SO | Coronation Square Sage @ Coronation Square offers Shared Ownership - Can’t afford to buy a property outright? Shared Ownership with Sage @ Coronation Square could help you find a 1, 2 or 3 bedroom apartment the affordable way. - With Shared Ownership you can buy as much of the property as you can afford and pay rent on the remaining unpurchased ‘share’. Click here for more information and full terms and conditions. Sage @ Coronation Square is a collection of apartments available from a 25% share Full Market Value: £515,000 25% Share Value: £128,750 Minimum Deposit: £6,438 Rent on unowned share: £885 per month Service charge: £294 per month Council Tax Band: TBC What is Shared Ownership? Shared Ownership involves buying anywhere from 25-75% of a home and paying rent on the other part to a housing association like Sage. You could go on to buy 100% of it in the future once you can afford to – though you don’t have to. It’s up to you. Tenure: Leasehold Initial ground rent: £0.00 Service charge: £3,528.00 Estate management fee: £0.00 Lease length: 250 years Council Tax Band: TBC - Council Tax Band will be confirmed by the local authority on completion of the property
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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