Hyde New Homes’ Whitstable Heights, overlooking the seaside town of Whitstable, will be hosting a free-to-attend mortgage workshop on Saturday 27th January 2024.
The workshop will provide expert information from Hyde New Homes’ team of specialists about how to secure your first new home through shared ownership at Whitstable Heights, while giving an overview of the market and affordability.
Minnie Dando, Head of Marketing and Communications at Hyde New Homes believes that choosing shared ownership is a great way to get onto the property ladder, especially in this desirable area of Kent. She said: “Mortgage rates have begun to ease somewhat in recent months but it’s still a difficult time financially for many people out there, so it comes as little surprise that home buyers are seeking alternative options.
“Shared ownership is a more affordable choice, thanks to a typically lower deposit, based on the equity share being purchased and the opportunity to buy more shares at the home buyers’ convenience. This workshop will be a great opportunity for any home seekers wanting to learn more about shared ownership and to find out more about the homes available at Whitstable Heights.”
Be a part of this brand-new community with its unrivalled selection of superbly designed two, three and four bedroom homes. The wide range of homes available means this development offers options to suit various needs and lifestyles, from first time buyers, young families and professionals and downsizers. Visitors to the mortgage workshop will also have a chance to tour a brand new show home, a three bedroom Shearwater, and get inspired from the furnishings and decorative touches featured.
Prices start from £128,000 for a 40% share of a two bedroom house, based on a full market price of £320,000.
£150,500 for a 35% share for a 3 bedroom house, based on a full market price of £430,000.
For a 4 bedroom house, prices start from £128,750 for a 25% share based on a full market price of £515,000
Minnie explains: “This is a great opportunity for the chance to take a look, first hand at this beautiful new development and get all of your questions answered to find out whether shared ownership is the right buying option for you.
“Shared ownership has the added benefit of having to save for a 10% deposit only on the equity you are buying in your home, making buying much more attainable.”
Along with a mortgage, shared ownership buyers pay a subsidised rent to Hyde New Homes on the remaining share of their home. Further shares can be purchased in the future through a process known as staircasing, which allows homeowners to own all of their home at any time they wish.
One of the standout features of Whitstable Heights is its exceptional design and specification. Homes include contemporary kitchens with integrated appliances, quality flooring and gardens laid to lawn at no additional cost, as well as private parking and garages to selected homes.
Offering natural open spaces with views of the sea from some of the homes, its perfect for those looking to get a taste of coastal community life. Families will also benefit from the excellent array of schools in the vicinity.
With easy access to the M2, Whitstable Heights residents also enjoy convenient access to surrounding towns and cities, like historic Canterbury which is a 20 minute drive away. For those looking to commute to London, Whitstable train station is conveniently located just 1 mile away and provides regular services to the Capital in under an hour and a half.
Minnie added: “We are extremely proud of this wonderful development with its growing community and will continue to help buyers achieve their homeownership dreams by providing as much knowledge and support as possible. Our inhouse team of specialist consultants are there to provide support throughout every step of your buying journey and make your transition into home ownership as easy as possible.
“We hope this event will be beneficial to those seeking information and advice on the huge and sometimes daunting topic of buying a home.
The workshop will run from 10am until 4pm on Saturday, 27th January 2024. To book an appointment, please call Whitstable Heights on 0808 208 515 or visit hydenewhomes.co.uk
For further information please visit www.hydenewhomes.co.uk/whitstable-heights
