Eagles Edge

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Description

Eagles Edge is ideally positioned on the edge of the historic market town of Arnold, which is just four miles north of Nottingham.

Eagles Edge is a short drive from the city centre and its many amenities, yet on the edge of open countryside. Nottingham is a cultural treasure. Explore Nottingham's subterranean world of caves, visit leading art galleries and enjoy a year-round programme of events. Access to top schools, universities, shops and countless recreational activities make this corner of Nottingham a convenient, safe and peaceful place to live.

Redhill is a friendly community in the northernmost part of Arnold. It has everything you expect from a town, including shops, restaurants, a leisure centre, a refurbished library and a newly revamped market. You are also never far from nature. Follow the old miners track from Redhill to Bestwood Country Park, an oasis of calm with its gravel paths, woodland scenery and lakes.

ELIGIBILITY

Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.

At Eagles Edge you can buy a minimum 25% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.

To be eligible for shared ownership you would need to meet the following criteria:

• Your annual household income does not exceed £80,000
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.

Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.

*Service charges are estimated and may subject to change.

**These photos are for information purposes only and may not represent a true likeness for the units being sold. They may have been taken from earlier phases or similar developments/house types and digitally furnished to represent how the home could be laid out; the final colours/appearance/specification may differ from the images and are not plot specific. We advise applicants to make their own investigations on future development in the area. We would suggest contacting the local authority for more information.

Development Features

  • Brand new Shared Ownership home
  • Parking
  • Garden
Eagles Edge
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