Legal Fee Offer On Shared Ownership House In Kineton

Housing provider Bromford is right now offering a nice deal on the available Shared Ownership home at its development The Willows in the Warwickshire village of Kineton.

For a limited time, the company will pay £500 towards legal fees for the lucky buyers of ‘The Patterdale’ on Plot 16. This two-bedroom semi-detached house has a full market price of £290,000, thanks to the popular Shared Ownership scheme, qualifying first-time buyers can start by purchasing a 40% share, worth £116,000, for which they will need a minimum 5% deposit (£5,800) and a mortgage for the other 95% of the share they are buying. There’s a rent from Bromford for the proportion not purchased. If you purchase 40% and rent 60%, the rental part will be £398.75pcm and there will also be a monthly service charge of £29.83.

The initial share could be between 40% and 75%, and if you wish, over time and can afford to do so, you can purchase further shares (called ‘staircasing’) until you own 100% of the home.

‘The Patterdale’ could be a perfect choice for single buyers, couples and young families. There’s a kitchen diner which leads through to the private, turfed rear garden through French doors, and the separate lounge is a bright and airy place to relax. A guest cloakroom and handy storage cupboard complete the downstairs layout. Upstairs are the two double bedrooms (one which could easily be converted into a home office), a family bathroom and plenty of storage. This house comes with central heating, double glazing and two allocated parking spaces.

The Willows has a few essentials on the doorstep and thanks to its proximity to the A429 and M40, there are numerous major towns and cities within easy reach – it’s 20 minutes to Warwick. Royal Leamington Spa, Stratford-upon-Avon and Banbury.

Find out more about The Willows from Bromford.

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