Please note, the majority of our shared ownership homes undergo a rent review in April 2025. 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.
Available
Available on shared ownership 1
Sonnet Way , 27 Sonnet Way , Newhaven
|
Further details coming soon.
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.
Interested in buying a shared ownership home?Find out more about shared ownership
Follow our simple three step guideWhat is shared ownership? Your questions answered Find out about shared ownership