Colour Switcher:

Font Resizer:


Saxon Meadow, Sutton on Trent

2 Bed 50% Sutton on Trent
Saxon Meadow, Sutton on Trent
End of Terrace
Sutton on Trent
2
£82,500.00
50% Shared Ownership. On the SAXON MEADOW development by Charles Church. Includes an integrated OVEN and HOB, as well as an ENCLOSED REAR GARDEN and OFF ROAD PARKING. Excellent transport links to Newark, Lincoln, and Nottingham. A good choice of schooling for all ages.
New Homes at Saxon Meadow, Sutton on Trent

50% share of a 2 bed property - £82,500. Monthly rent is £189.06, and monthly service charge is £25.73.

Priority will be given to applicants who meet the local connection criteria.

***Application Deadline: Friday 15th November***

The Site – History and Present

Saxon Meadow is in the popular village of Sutton-On-Trent in Nottinghamshire. The development boasts a range of new homes, so there’s something for everyone; whether you’re a first-time buyer, downsizing or looking for more space for your family. Families with children will be pleased to know there’s a good choice of schooling for all ages close to Saxon Meadow; Sutton-On-Trent Primary school is approximately a mile away, Newark Academy 4 miles away and Lincoln University is 18 miles away.

There’s a handy Co-op store in the village and with Newark town centre just a short car journey away, you’ll be spoilt for choice when it comes to first class shopping. As well as being a great place to shop, Newark also boasts a rich history with the Newark Air Museum, The Workhouse – full of Victorian architecture and history. Rufford Abbey, Doddington Hall & Gardens and Southwell Minster are also close-by and popular destinations for family days out.

Specification:

Kitchen
• Range of wall and base units
• Integrated oven and hob
• Extractor hood
• Vinyl flooring

Bathroom
• White bath suite
• Shower over bath
• Tiled to full ceiling around bath
• Vinyl flooring

Internal
• Downstairs cloakroom with w/c and wash hand basin
• UPVC double glazing throughout
• Gas central heating with combi boiler

External
• Enclosed turfed rear garden
• Off street allocated parking

Energy assessment
• Predicted Energy Assessment – B

What is Shared Ownership?
Shared ownership is another way to buy your own home. You buy a percentage, and pay rent on the rest. The housing association owns part of it — but you’re living there, you decorate it, and you decide when to sell.

Buying a percentage means a smaller deposit and smaller mortgage. It’s a sooner first step on the ladder for lots of people. Usually, you can also carry on buying shares, to own it 100%. If you own more than 80% and decide to sell, NCHA will buy the property back from you.

Who qualifies?
Anyone who does not currently own or part own a property and has a household income of less than £80,000 per year can apply. Priority will be given to applicants who meet the local connection criteria.

There is a local area connection in a priority order:-
1. Applicant was born in Sutton on Trent
2. Applicant lives in Sutton on Trent
3. Applicant has lived in Sutton on Trent but was forced to move away due to lack of affordable housing
4. Applicant’s work provides important services and needs to work closer to the local community

If we don’t have applicants who meet the above criteria, we are to replace Sutton on Trent with Collingham first. If we don’t receive any applicants who meet the criteria for Collingham, we replace this with Newark on Trent.

Priority will be given to connections to Sutton on Trent

How to Apply:

If you would like to apply please contact our Sales team on:

0345 650 1204 or nchasales@ncha.org.uk

Apply online at: www.helptobuymidlands.co.uk

Your affordability will be assessed based on the information you provide on the application form. NCHA will make an offer based on the amount you can afford, between 25 - 75%. If your application is successful a non-refundable reservation fee of £350 is required to reserve your new home, this amount goes towards your deposit on completion.

The properties are sold on a 125 year shared ownership lease. In addition to the rent, a monthly service charge is payable, details from the Sales Team.

How to find us:
Saxon Meadow, Hemplands Lane, Sutton on Trent, Nottinghamshire, NG23 6PX
Viewings of the shared ownership homes are by appointment only with NCHA Sales Team.