Montgomery Place

or call 02380 820121

Description

A collection of brand-new shared ownership houses for sale in Market Drayton, Shropshire. Montgomery Place is perfectly placed for access to the local market town of Market Drayton. With shops, amenities and good transport links to the area, Market Drayton is ideal for first-time buyers to growing families.

Our properties for sale in Market Drayton are ideally positioned for the town centre and the beautiful surrounding countryside.

With its array of shops, markets, beautiful parks and entertainment attractions, Market Drayton caters for everyone’s needs. While the surrounding area, with its beautiful countryside and charming villages, provides everything you could need.

Our properties for sale in Shropshire offer good transport links to nearby towns, cities and further afield.

Montgomery Place has easy access to Market Drayton town centre and major towns such as Stoke-on-Trent, Stafford, Telford, Shrewsbury and Whitchurch via the A53, which bypasses the town.

Rail links from Whitchurch station can take you to Birmingham New Street and Stoke-on-Trent. While Manchester or Birmingham airports offer a choice of flights both national and international for business or holidays.4

 

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 Montgomery Place you can buy a minimum 50% 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
  • Good transport links to nearby towns and cities
  • Parking
Montgomery Place
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