- Shared Ownership Opportunity
- Brand New One Bedroom Ground Floor Apartment
- Open-plan Living Room/Dining Room & Kitchen
- Gas Hob, Electric Oven
- Gas Central Heating
- Flooring Fitted Throughout
- Allocated Parking for One Car
- Small Garden to the Rear
- EPC tbc
Craving a new home? Sage have the perfect recipe to get you excited about your new Shared Ownership* home. We’ll give you £1,000 of HelloFresh vouchers** when you move in to make sure you're mealtime ready.
Have fresh ingredients with step by step recipes delivered to your new front door so you can make tasty meals for up to 6 months**. We’ll also give you £500 towards your legal fees† and with only a £99 reservation fee†† act fast and start a new adventure today! For T&C’s please see below.
Plot 412, This home has a full market value of £160,000 and is available to buy with a deposit of just £2,000*. (*Deposit shown is based on purchasing a 25% share with a minimum 5% deposit).
A great opportunity to move into a fabulous brand new 1 bedroom ground floor flat now available at Lamberts Place on a Shared Ownership basis with Sage Housing.
Set just on the edge of Stamford, offering easy access to the A1, and yet still within easy walking distance of the Town centre, Lamberts Place offers access to fantastic amenities including Supermarkets, Coffee Shops, Bars and Restaurants, excellent primary and secondary school options and all the many other local shops and services. There are also numerous leisure facilities locally including Rutland Water fantastic for walkers and water sports and the prestigious Burghley House with its many annual events.
Lamberts Place features the award winning Heritage collection and offers an excellent opportunity for both first time buyers or buyers just looking for an affordable home.
ABOUT THE HOME - The flat itself has a spacious Living Kitchen, One Bedroom and a Bathroom. To the rear is a small garden and to the side is an allocated off-street parking space.
PRICING AND AFFORDABILITY - The share option below is based on the full market value of £160,000. 25% share £40,000 - Rent 275,000 40% share £64,000 - Rent £264.00 pcm
50% share £80,000 - Rent £220.00 pcm
75% share £120,000 - Rent £110.00 pcm
SERVICE CHARGE INFORMATION. There is a service charge of approximately £43.37 per month.
SHARED OWNERSHIP - The Shared Ownership scheme is a Part-Buy, Part Rent way of owning your own home for a smaller payment up front. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the on the part you did not purchase.
The combined mortgage and rent is usually less than you would expect to pay if you bought a similar property outright.
At Lamberts Place you can buy a minimum of 40% share of your home (the maximum you can buy initially is 75%). When you are ready you can buy more shares until you staircase to owning 100% of your home. LSL Land and New Homes are selling the homes on the Lamberts Place development on behalf of Sage Housing.
Sage Housing is a registered provider committed to providing high quality affordable homes across England.
Sage Housing terms and conditions apply. Images are indicative and for illustrative purposes only. Prices are based on purchasing a 40% share of the lowest value home at time of broadcast. *Shared Ownership – Terms and conditions apply. Eligibility and affordability criteria apply. Minimum (25%) and maximum (75%) share values will apply, and rent is payable on the unsold share. Please speak to a member of our Sales Team for more details.
**£1,000 HelloFresh vouchers – Terms and conditions apply. £1,000 HelloFresh voucher will be provided to the customer within 7 working days of completion. HelloFresh is a recipe box delivery service. Once ordered you will receive pre-measured ingredients straight to your doorstep. 6 month of HelloFresh meals is based on receiving 4 recipes per week for 2 people, all ingredients are delivered in one box per week. Sage are not responsible for any allergies or adverse reactions caused by the ingredients supplied by HelloFresh. †£500 towards legal fees – Terms and conditions apply. The legal cost contribution will only be made if a recommended solicitor’s is used. The incentives package is subject to exchange of contracts on or before 31st December 2020 and legal completion on or before 29th January 2021. ††£99 reservation Fee – Terms and conditions apply. Please speak to a member of our Sales Team for more details. Information correct as of October 2020.