£164,000
6 remaining
Welcome to Chime Grange, Dunton, where we are delighted to offer six shared ownership new homes with share purchase available from 40% to 75%.
This is a small development of only 16 new homes.
Built by Parrott Construction, this new development is situated in the rural village of Dunton, Central Bedfordshire, approximately 8 miles south of Bedford and 10 miles north of Luton.
The village benefits from a local post office, pub, village hall supporting a number of community activities and Dunton Lower School with Stratton Upper School close by in Biggleswade.
Computer Generated Images are for information only and the specification is subject to change. Any dimensions should not be considered 100% accurate. Site plan is for plot location purposes only.
New property - no council tax band available yet.
Eligibility rules apply: You cannot own another property, single or combined income cannot be more than £80K per annum.
Shared Ownership
Shared Ownership is a great way for you to get a foot on the property ladder if you can't afford to buy a home outright on the open market. It can ease the pressure of needing to save for a large deposit, or having to make high mortgage repayments.
Essentially, it means you'll be buying a share of your home - usually up to 75% - and paying an affordable rent on the remainder. When you're in a position to do so, it's also possible to buy further shares in your home. This is known as Staircasing.
Shares are available from 40% to 75%. Please see example prices and rents listed below for a 3 bedroom mid terrace house
40% Share - Purchase Price £158,000 - Rent Charges of £543.13
75% Share - Purchase Price £296.250 - Rent Charges of £226.30
Full Property Value - £395,000
Service Charges
A monthly service charge will also apply of £32.21 as well as monthly buildings insurance of £11.11 for a 2 bedroom house and £14.77 for a 3 bedroom house
Please explore our available homes listed below. You can compare floor plans along with detailed information on costs for each home.