£49,590 /Sale price

New two and three bedroom homes in Leeds available with Shared Ownership. Contact the Incommunities Sales Team for more information.The Fulmar is a two-bedroom end-terrace house and is available to buy with Shared Ownership. A 20% share is £49,590, the full value of Plot 166 is £247,950. Other share options are available: the share you purchase is based on your affordability. Rent is payable on the remaining share - see below for details. Ground floor:Lounge/diner 4.59m x 4.48m 15'0 x 14'8Kitchen 4.44m x 3.50m 14'6 x 11'5Cloaks 0.90m x 2.06m 2'11 x 6'9First floor:Master bedroom 4.43m x 3.81m 14'5 x 12'6Bedroom two 4.43m x 2.90m 14'5 x 9'6Bathroom 2.00m x 2.15m 6'6 x 7'0What is Shared Ownership?Shared Ownership is a more affordable way to buy your own home. You purchase a share of the property through a mortgage and savings -anywhere from 10% to 75%, depending on what you can afford. We own the remaining share, and you pay reduced rent on the part you don't own.To buy your share, you'll need a mortgage or savings to cover the cost. If you're using a mortgage, your deposit is just 5% of the share you're buying-not the full property value.Am I eligible for Shared Ownership?You'll qualify for Shared Ownership if you meet the criteria below:Your household income is £80,000 a year or lessYou cannot afford all of the deposit and mortgage payments for a home that meets your needsYou're a first-time buyer, orYou're an existing shared owner and want to move, orYou used to own a home, but need support to buy one nowCan I buy more shares?The great thing about Shared Ownership is that you can buy a larger share of the property whenever you can afford it. The more you own, the less rent you pay. The cost of the shares is based on the market value of your home at the time you want to buy them.All images, computer-generated images, and floor plans are for illustrative purposes only and do not constitute a contract, part of a contract, or warranty. They're designed to give you a general idea of the home's layout and style, but the details may vary from plot to plot. Fixtures, fittings, finishes and external elevations might be different from what's shown.We may occasionally make changes to the specification without prior notice. Some of the appliances, fittings, or decorative finishes you may see in our marketing materials aren't always included in the standard specification.All dimensions are approximate (usually representing the maximum dimensions of a room before it is plastered), and you should take your own measurements before ordering any flooring, fittings, or furniture.Information subject to change. Contact our Sales Team for more information about our new homes.