£122,500

15 Iron Plat Lane

2 bedroom House

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Development overview
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Location

15 Iron Plat Lane

Iron Plat Lane, Buxted, Uckfield, East Sussex, TN22 4AW

Two-bedroom end terrace house
Open plan kitchen and dining area
Separate double aspect living room
Downstairs WC

Family bathroom
Rear garden
Allocated parking

Full description
A spacious and attractive, two-bedroom, mid terrace house available for a minimum share of 35% at £122,500. The ground floor comprises an open plan kitchen and dining area and separate living room, with French doors leading to the garden. Upstairs are two double bedrooms and a modern family bathroom. Council Tax Band C.

Purchase breakdown

Shared ownership - minimum share of 35% at £122,500
Monthly rent of £444.65
Monthly service charge of £74.30

These charges are applicable to the current financial year 23/24 and are subject to final confirmation.

Please note MOD personel and those with a local connection will be given priority and an allocation will be priority based.

£122,500

Shared ownership

Shared ownership is when you buy a share in the property of between 25 and 75 percent of its market value and pay rent on the share that you do not own. The exact percentage is subject to the individual criteria of each new development or scheme.

Most people put down a small deposit on their share (minimum 5 - 15%, depending on your mortgage lender) and take out a mortgage on the rest. You can then 'staircase' your share in the property - building up to 100% in most cases.

Register for shared ownership
You will need to register your interest via our website and complete an affordability assessment with one of our panel mortgage advisors.

Am I eligible?

Serving MOD, all first time buyers and social tenants will be given priority.
If your annual household income is more than £80,000 you will not be eligible.
You will also need £2,000 to cover the legal costs of buying a home, plus enough money saved for your deposit. You must not have loans exceeding £15,000 or be in mortgage/rent arrears. You must be able to obtain a mortgage and prove that you can pay your rent and service charges.

Remember you will also have to pay household bills including gas, electricity and water.

Downloads

EPC - 15 Iron Plat Lane

PDF 137 kB

Guide to buying a resale shared ownership property

PDF 851 kB

What is Shared Ownership

PDF 519 kB

Key Information Document

PDF 157 kB

Location. Location. Location.

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To register your interest or apply for a property, please click here and complete the form.

Contact us

If you'd like to find out more about a property, please email sales@wealdliving.com or call 01403 226060.

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