Shared Ownership Resale

5 Hollister Chase Shenley Lodge, Milton Keynes, MK5 7DH

Prices from

£132,500*

Two bedroom,

semi-detached house for

sale on a shared ownership

basis at 50% share

Allocated parking for two

cars

Fitted kitchen

Central heating

Double glazing

Downstairs WC

Over bath shower

Private garden

100% share available

*This represents a 50% share of the full market value (£265,000),

please see the affordability schedule for full details of costs

available on our website. Please note all costs in this leaflet are

intended as a guide and may differ from the actual cost at

the time of sale.

Full Market Price £265,000

Available share 50%

Share Value £132,500

Monthly Rent £170.91

Service Charge PCM £8.82 Including buildings insurance

Total Monthly Charge £171.73

Next Rent Increase Due July 2019

This home is an ideal opportunity for a first time

buyer to get on to the property ladder with

Hastoe. This property is being sold under the

shared ownership scheme whereby you

purchase a share in the property and pay a

reduced rent on the remaining Hastoe equity.

Purchaser Requirements

You must:

Be a first time buyer or not currently

named on a mortgage.

Demonstrate you meet the

minimum income requirements.

Demonstrate a deposit sufficient to obtain

a mortgage for the

property.

Have a local connection to the

area.

Be registered with your Help to Buy agent:

Help to Buy East & South East

www.helptobuyese.org.uk

03333 214044

Contact Hastoe

0800 783 3097 sales@hastoe.com

Apply online at : www.hastoesales.com

These particulars have been produced in good faith. They are a general guide

only and do not constitute any part of an offer or contract. Property elevations

and specification may vary from plot to plot; individual features such as win-

dows, doors, heating and electrical may have changed from the details

shown. Measurements provided are for guidance only and should not be used

to select furnishing of fixtures. These particulars should be treated as a general

guide only and cannot be relied upon as accurately describing any of the

specified matters by an order made under the Property Misdescripitions Act

1991. Prices featured are correct at the time of going to print.

Kitchen

4.80m x 2.70m

Lounge 4.90m x 3.00m

Bedroom 1

4.90m x 3.00m

Bedroom 2 4.80m x 2.45m

Bathroom

2.40m x 2.30m

Downstairs WC 1.80m x 1.40m

2 Bedroom House

£265,000 50% £132,500 £112,625 £8.82 £734.19 £170.91 £913.92

£265,000 60% £159,000 £135,150 £8.82 £881.03 £136.92 £1,026.77

£265,000 70% £185,500 £157,675 £8.82 £1,027.87 £102.69 £1,139.37

£265,000 80% £212,000 £180,200 £8.82 £1,174.70 £68.46 £1,251.98

£265,000 90% £238,500 £202,725 £8.82 £1,321.54 £34.23 £1,364.59

£265,000 100% £265,000 £225,250 £8.82 £1,468.38 £0.00 £1,477.20

Deposits required by mortgage lenders

Full Market

Value

% share to be

sold Cost of Share 5% Deposit 10% Deposit 15% Deposit 20% Deposit 25% Deposit

£265,000 50% £132,500 £6,625 £13,250 £19,875 £26,500 £33,125

£265,000 60% £159,000 £7,950 £15,900 £23,850 £31,800 £39,750

£265,000 70% £185,500 £9,275 £18,550 £27,825 £37,100 £46,375

£265,000 80% £212,000 £10,600 £21,200 £31,800 £42,400 £53,000

£265,000 90% £238,500 £11,925 £23,850 £35,775 £47,700 £59,625

£265,000 100% £265,000 £13,250 £26,500 £39,750 £53,000 £66,250

Prices are subject to change but correct at print date

This schedule has been based on a variable rate mortgage at 6% over a 25 year repayment loan

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER

LOAN SECURED ON IT

Amount

Purchased

Estimate of

Service

Charges PCM

Approx. PCM

Mortgage

Costs

Share Price

minus the 15%

mortgage

deposit

Full Market

Value Rent Per Month

Total Costs per

Month

5 Hollister Chase

What are my potential costs?

% Share sold

This schedule is intended as a guide and the minimum income requirements will vary depending on your circumstances for

example, savings or family assistance. Please call the Sales Team to discuss your financial eligibility and to find out details of our

Independent Financial Assessment Service. Our panel of Financial Assessors can offer you free, impartial advice about your

finances and help you find a mortgage.

M Toomey 20/02/2019