We are pleased to bring to the market this 2 bedroom House Shared Ownership. It is situated in Newhaven, East Sussex and is available now.

Sonnet Way , 27 Sonnet Way , Newhaven

2 bedrooms, 1 sitting room with patio doors and window, 1 kitchen / diner with patio doors and window, 1 toilet downstairs, 1 bathroom upstairs with shower over bath, 2 large double bedrooms, hall cupboards (downstairs and upstairs).

IF YOU ARE A SERVING MEMBER OF THE ARMED FORCES, PLEASE CONTACT US AT commercialservice@stonewater.org ONCE YOU HAVE ARRNAGED A VIEWING ON THIS HOME SO WE CAN PRIORITISE YOUR APPLICATION. IF YOU DO NOT MAKE USE AWARE, WE WILL NOT BE ABLE TO GUARANTEE PRIORITY.

Viewings

Thank you for your recent interest in the above property. The seller is currently accepting viewings and if you would like to arrange a viewing, please contact the seller on the details below.

Seller Name: Karen Becker

Seller Contact Details: 07538 564 995 karenbecker68@gmail.com

As a shared ownership home, you will need to be eligible for Shared Ownership.

As a reminder, to be eligible for shared ownership you will need to evidence:

• your household income is £80,000 a year or less (£90,000 a year or less in London)
• you cannot afford all of the deposit and mortgage payments for a home that meets your needs
One of the following must also be true:
• you’re a first-time buyer
• you used to own a home but cannot afford to buy one now
• you’re forming a new household – for example, after a relationship breakdown
• you’re an existing shared owner, and you want to move
• you own a home and want to move but cannot afford a new home that meets your needs

Please take note of the minimum income, (£41,553.00) which is based on the minimum deposit (£8,400.00) for this property. If you are placing a larger deposit, the minimum income will reduce. Always check with us if you are unsure whether you can afford the property.

If you are a serving member of the armed forces, you will have priority for shared ownership, so it is essential you let us know once you have arranged a viewing.

If you wish to proceed with purchasing the property after the viewing, please let us know as soon as possible by emailing commercialservices@stonewater.org and we will then be able to refer you for a financial assessment with an Independent Financial Advisor.

This is compulsory for all Shared Ownership purchases and does not interfere with any mortgage arrangements you have already made.

Please note, the majority of our shared ownership homes undergo a rent review in April 2024. The review will depend on the shared ownership lease, but the majority will see a 9.4% uplift to the rent. We will confirm the exact changes to the rent for this property as part of the sales process.