You do not already own a home or you will have sold your current home before you purchase or rent. Please note that we will send the above details to Orbit Homes only. Your annual household income must be less than £80,000. No, Please send me details of special offers and development updates / Watermans Park . What is this? Yes Charges will change if the equity share changes, see our shared ownership page for more information. By Road – Park East is close to the A282 which merges in to the M25. Please send me information by: Please wait while your details are submitted. If you are thinking of partial staircasing, you can usually buy shares in tranches of 25%. Please select a property3 bedroom property (£429,995), County Buying a percentage means a smaller deposit and smaller mortgage. In addition, there’s a brand new Morrisons supermarket opened a few minutes away on Coldharbour Road, a convenient petrol station and a Toby Carvery close by. The information you provide in the form above will be passed to Orbit Homes in order for them to provide the information you require and to keep you informed of their news, special offers and future developments. Pick yours! Shared Ownership homes are sold on a ‘leasehold’ basis and when you buy a home with Shared Ownership you are a homeowner and will take on all the responsibilities and gain all of the benefits that go with owning your own home. Yes Select budget£100,000-£150,000£150,000-£200,000£200,000-£250,000£250,000-£300,000£300,000-£350,000£350,000-£400,000£400,000-£450,000£450,000-£500,000£500,000-£600,000£600,000-£700,000£700,000-£800,000£800,000-£900,000£900,000-£1,000,000£1,000,000+, Do you have a deposit? Please note that not all leases allow you to purchase all the shares in your home. Budget We’re building 320 homes for sale, Shared Ownership and affordable rent. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you. Simply purchase a share in a brand-new home and pay a subsidised rent on the remaining. Reserve for just £125* – offer available until 31st October 2020. example. Coronavirus: Customer Update - Our show homes and sales centres are now closed, however our sales advisors are available by telephone or digital contact with effect from today (Tuesday 24th March) Located along the bank of the River Thames, the historic maritime town of Gravesend really is a cosmopolitan town. Please wait while your details are submitted. Borrow up to 40% of the purchase price from the Government with the London Help to Buy scheme. No, Min no bedrooms The shares will be sold at the current market value, disregarding any improvements to your home that we have consented to. You may choose to go up another step on the home ownership ladder by buying some of the remaining shares in your home; this is known as partial staircasing. What happens if I can’t afford to buy more? Applicants on a lower income but who have a larger deposit will also be considered. They may do so by using any of the contact details you have provided. For more information please visit the Bovis Homes website. Copyright © 2020 newhomesforsale.co.uk Ltd, Terms and conditions   Privacy policy   Mobile site. However, most leases issued after July 2004 allow you to staircase in multiples of 10%. If you are unsure please check with your Home Ownership Officer or ask your solicitor. Thank you for your patience. You’ll need a much smaller deposit than if you took out a mortgage for the whole property. What is this? £110,000 (40 %) £378.13. You only buy the share you can afford so you don’t overstretch yourself financially. You will always have your share, which you can sell on at any time at market value. There really is something to be enjoyed by everyone! Watermans Park, a brand new development in Northfleet, Gravesend. Only shared ownership homes, No minimum price If you live in a flat, the property will remain leasehold. In the future, if you wish, you can usually buy further shares until you own your home outright. 2 & 3 bedroom properties £326,995 - £429,995 . YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. Around 20 minute’s drive to the south is the North Downs AONB, a designated Area of Outstanding Natural Beauty offering spectacular scenery, picturesque villages and glorious rolling countryside which has a multitude of options for a day out on foot, bicycle or by car. Most leases allow you to buy extra shares after you have owned your initial shares for 3 months. Shared Ownership provides an affordable way to buy a home. For a wider range of quality shops and leisure facilities you have nearby Bexleyheath and Bluewater. The development is also close to the world-renowned Bluewater shopping centre, boasting 330 stores, 40 cafes, bars and restaurants, and a 13-screen cinema. Simply complete the short form below. Orbit are offering a number of well-appointed two bedroom apartments available through the Shared Ownership scheme. They may do so by using any of the contact details you have provided. You will need sufficient savings for a mortgage deposit and a clean credit history to qualify for a mortgage. The equity loan is interest free for the first five years. The Shared Ownership Scheme allows you to purchase an agreed percentage of your new home, usually from 25% to 75% and pay rent on the remaining share. £100,000 £150,000 £200,000 £250,000 £300,000 £350,000 £400,000 £450,000 £500,000 £550,000 £600,000 £650,000 £700,000 £750,000 £800,000 £850,000 £900,000 £950,000 £1,000,000, No maximum price Northfleet is ideally placed for commuters, with central London approximately 17 minutes away by train from nearby Ebbsfleet International. By Air – London Gatwick Airport is just under 40 miles away and London City Airport is about 15 miles offering direct flights to a huge number of global destinations. If you already own a home and need to move but cannot afford to, please contact us. But this would need to be discussed with your solicitor. This typically costs about £1,000. Monthly rent . Read more about Shared ownership (Opens in new window), Applicants must live or work within the Gravesham Borough. To find out more contact Heylo via the property page, Affordable housing scheme: Discount Market Sale. Your household income is £80,000 a year or less, or, in London, if your household income is £90,000, You are unable to buy a suitable home on the open market, Able to afford the payments for your share. There are a number of highly-regarded schools, including St. Botolph’s CoE Primary School and the Northfleet School for Girls, plus the Northfleet Technology College for boys, all conveniently located in nearby Northfleet. Affordable housing scheme: Help to Buy equity loans (100% ownership with a 40% equity loan), Affordable housing scheme: Discount Full Ownership (100% ownership at a discount), Affordable Housing Scheme: London Help to Buy equity loan (100% ownership with up to 40% loan). The Shared Ownership Scheme allows you to purchase an agreed percentage of your new home, usually from 25% to 75% and pay rent on the remaining share. “We could afford so much more than we thought our deposit would allow, and are so grateful for the advice we were given by the Orbit Sales Consultant.”. You are investing in your own home rather than paying rent with no return. Coldharbour Lane, Gravesend, Gravesham, DA11 7HQ, ©2020 Property Booking. The scheme is similar to Shared Ownership and enables you to buy a 75% share of the home or apartment. Launching Spring 2021. Thank you for your patience. The combined monthly mortgage and rent payments of Shared Ownership usually work out cheaper than buying the entire property straightaway, and often less than renting a similar property privately. This depends on the type of property you have and what is contained in the lease. No, Are you a landlord or buy to let investor? Priority will be given to serving British Military personnel. Other charges . Watermans Park, a brand new development in Northfleet, Gravesend. The town features a train station with regular services across Kent and into London, in under an hour. Cookies help us deliver our services. As the rent will be at a lower than market rate, you will be able to save throughout the period of your tenancy. If you are considering changing mortgage providers, you need to consider if your current mortgage has any redemption penalties. Reserve your dream home with Shared Ownership for less – simply contact Clarion Housing today and find out how easy it is. Tell us a little more about yourself in order for Orbit Homes to provide you with the most relevant information regarding this development. £143.82. Nearby is Erith town centre where you will find the Riverside Shopping Centre, which is home to around 40 stores, a library and a large Morrison’s supermarket. By creating an account you confirm that you agree to our website terms and conditions and the use of your information as detailed in our privacy policy. A maximum of 4 people can become joint owners on the property. It is also close to the A2 which runs East from London to Canterbury. You will only need to secure a mortgage for a percentage of the property price rather than the whole amount which makes it more affordable in the short term. The information you provide in the form above will be passed to Bovis Homes in order for them to provide the information you require and to keep you informed of their news, special offers and future developments.