Yeoman Place Shottery, Stratford-Upon-Avon
Shared Ownership £142,000

BRAND NEW ENERGY efficient homes BUILT FOR SHARED OWNERSHIP are available at THE CHANCERY, built by BOVIS HOMES.

**INCENTIVE - £500 towards LEGAL FEES if you reserve by end of APRIL 2024**

whg are pleased to announce the Shared Ownership homes at The Chancery, Shottery, built by Bovis Homes. Getting on the property ladder maybe easier than you think, we can help you to purchase a brand new energy efficient home in the much desired area of Stratford upon Avon.

The Chancery is a beautiful development of new build homes in Shottery, just 2 miles from the heart of the historic town of Stratford upon Avon. Situated off the Evesham Road, the development enjoys excellent commuter links by road while the Stratford-upon-Avon train station is less than 2 miles away. Regular trains run directly into London Marylebone taking around 2 hours while you can get to Birmingham Moor Street in about 45 minutes.

The medieval market town of Stratford-upon-Avon offers a rich array of retail, leisure and entertainment. You will find a large Waitrose, Tesco Superstore and Morrisons for weekly grocery shopping while Stratford-upon-Avon town centre offers a great mix of shops for everyone, from unique independents and designer boutiques to national retailers. There are also farmers markets held twice a month, presenting a wide selection of local Warwickshire produce. Stratford also boasts many pubs and bars, Michelin star restaurants and, of course, theatres.

With the rolling Warwickshire countryside and the Cotswolds on your doorstep, awash with historic landmarks, stately homes and National Trust properties, living at The Chancery really does offer everything you’ll need for your work life, social life and family life.

Stratford-upon-Avon has many primary schools and nurseries a short distance from the development. It also hosts Stratford Girls’ Grammar School, less than 1 mile away and Stratford-upon-Avon Secondary School and College situated less than 2 miles away.

We have 3 bedroom properties available for off plan sale. 

Three Bedroom homes:

The accommodation briefly comprises of entrance hall leading to living room,  downstairs W/C & kitchen/diner. To the first floor: three bedrooms  and family bathroom. The properties will benefit from gas central heating and double glazing, as well as allocated parking and enclosed rear garden.

Plot 85 (Three Bed Mid Terraced House) - Available from June 2024

Advertised price £142,000 for a 40% share

Monthly rent based on 40% share: £488.12



Prices from £88,750 for a 25% share

Monthly rent based on 25% share: £610.15

Other shares can be purchased subject to an affordability assessment.

**Demand is expected to be high Applications are treated as first come, first served.**

These properties are due for build completion in June 2024, we're therefore currently unable to offer viewings and will be accepting reservations off-plan.

Shared Ownership is a fantastic opportunity if you're an unable to purchase a home on the open market. It allows you to buy a share in a property on a part buy/part rent basis and pay a subsidised rent on the part that you do not own. Over time you can purchase more shares in your property - this is known as 'staircasing'. This can be done at any time after initial purchase and it will reduce the amount of rent you pay as the share of the home that you do not own will have got smaller.

Council Tax TBC - due to these properties being new builds and not being previously occupied the council tax and banding has not yet been set. 

Service Charge - A service charge will be charged against the property and is paid monthly with your rent payment. The service charge is reviewed on an annual basis  This will include Buildings insurance, management and any communal/estate charges that may be covered (if applicable). The service charge displayed is estimated based on the initial assessment of the scheme, please contact the sales consultant for details. 

Next Steps:
For further information, please download our brochure below.
Upon receipt of your application, we will refer you for an affordability assessment to determine the most affordable share for you.
Once you have passed the affordability assessment, we will pass your details to our Sales Consultant who will be able to take you through the reservation process.

We will offer shares between *25-75% of the property value depending on the outcome of the affordability assessment. The higher the share you purchase, the lower your rent will be. You will need to be able to obtain a mortgage for the share you want to purchase unless you have sufficient funds to enable you to purchase a share outright. Deposit amounts will be lower than purchasing a property on the open market

Am I eligible?

Shared Ownership uses the following criteria to help people to get onto the property ladder:

- Maximum annual household income of £80,000.

- Unable to purchase a home suitable for your needs.

***Please note some images should be used as a guide only***