Desirable, new two and three bedroom houses for sale through Shared Ownership – the affordable way to own.
BUILT WITH YOU IN MIND
Meeting House CloseEast Leake
A small, modern development located in East Leake, Nottinghamshire. A friendly village surrounded by attractive, open countryside.
Meeting House Close gives you the opportunity to purchase one of these lovely two or three bedroom homes through Shared Ownership.
Each property includes:
• AEG and Zanussi integrated kitchen appliances
• Turfed rear gardens
• Double glazing
• Carpeting/vinyl throughout
• Downstairs WC
• Car parking
• 12 year NHBC warranty.
Welcome to Meeting House Close
2
Ideal for those looking for the best of both worlds, East Leake is an idyllic blend of a safe, tranquil, green retreat and a thriving modern village, within easy reach of Nottingham, Leicester and Derby. Everything you need is on your doorstep, including country walks and green spaces, a good range of shops, services and a leisure centre. For families, there’s a choice of schools, nurseries and children’s playgrounds close by.
Surrounded by open countryside, yet close to the M1 and East Midlands Airport, this beautiful South Nottinghamshire gem is well placed for all East Midlands has to offer. From nights out and great shopping, to historic sights and iconic landmarks. East Leake offers all the charm and peace of village life, with an easy commute to three exciting cities and beyond, whenever you want to go further afield.
The village amenities:
• A number of convenience stores
• Restaurants and cafes
• 5 miles from Loughborough town centre
• 10 miles from Nottingham city centre
• Leisure centre with pool.
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This two storey, two bedroom house is an ideal starter home for couples and young families. It’s light and airy with a living room/diner which leads out onto the garden.
Floorplan
Total area: 76sqm*
Ground floorLiving/Dining 4.61m x 4.35mKitchen 2.72m x 2.54m
First floorBedroom 1 4.61m x 3.42m Bedroom 2 4.72m x 2.55m Bathroom 2.64m x 1.97m
Tavy
KITCHEN
LIVING/DINING
WC
BEDROOM 1
BATHROOM
BEDROOM 2
4
This two storey, three bedroom house is ideal for growing families. The open plan kitchen/diner is spacious and light, with french doors that open out onto the garden.
Floorplan
Total area: 82.7sqm*
Ground floorLounge 4.41m x 3.55mKitchen/Dining 4.58m x 3.30m
First floorBedroom 1 4.38m x 2.47m Bedroom 2 4.66m x 2.40m Bedroom 3 3.30m x 2.10m Bathroom 2.02m x 2.56m
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KITCHEN/DINING
LOUNGE
WC
Dart
BEDROOM 1
BATHROOM
BEDROOM 2 BEDROOM 3
OHE
OHE
OHE
OHE
OHE
OHE
OHE
29 30
25
Parking Court
B2B1A1 / A2
POS Area
MILL LANEGP
2
69
1
3
000
3536
3738
3940
4142
3334
4344
4546474849
50
51
Meeting House Close
Balancing Pond
Mee
ting
Hous
e Cl
ose
Site planKey
Tavy – Two bedroom house (Shared Ownership)
Dart – Three bedroom house (Shared Ownership)
6
OHE
OHE
OHE
OHE
OHE
OHE
OHE
29 30
25
Parking Court
B2B1A1 / A2
POS Area
MILL LANEGP
2
69
1
3
000
3536
3738
3940
4142
3334
4344
4546474849
50
51
Meeting House Close
Balancing Pond
Mee
ting
Hous
e Cl
ose
Shared OwnershipThrough Shared Ownership, you pay a mortgage on a share of your home’s full market value and a subsidised rent on the remainder.
Shared Ownership is designed so that both your mortgage deposit and your monthly housing costs will be lower than if you were to buy the same home outright. With Shared Ownership, you can increase the share that you own as and when you can afford to.
Home ownership in affordable stages
Shared Ownership is for anyone who cannot afford to buy a suitable home on the open market, but you will need to meet a minimum household income requirement (this is calculated on an individual basis), and must be able to pay for your mortgage valuation survey, legal fees and stamp duty (when applicable). A deposit is normally required. We can help you to find a lender and solicitor with low cost home ownership housing experience.
Each month you will pay off some of the mortgage on the proportion of the home you are buying, and pay us a specified rent on the remainder owned by the housing trust.
When you can afford to, you can buy more of your home or even own it outright, at the same price it’s worth at the time that you buy an additional share.
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Key benefits
• Get on the property ladder sooner You’ll need a smaller mortgage, so you can buy with a lower deposit.
• Save money Your monthly housing costs will be lower than if you were to buy the same home outright on the open market or rent it privately.
• Increase your share over time You can buy a further share in your home as and when you can afford to, reducing the amount of rent you have to pay. This is known as ‘staircasing’.
How it works
1 We’ll help you work out how much of your new home you can afford to buy and how much you’ll rent from us.
2 You’ll then arrange a mortgage for the amount you’ve decided to buy, including any deposit required by your mortgage lender. We can provide details of Independent Financial Advisors who specialise in Shared Ownership. You’ll also need to cover your moving and legal costs.
3 Once you’ve moved in, you’ll make monthly mortgage payments to your lender and monthly rental payments and service charge to us.
4 When you can afford to, you can start staircasing. The cost of any additional shares you buy will be based on your home’s market value at that time.
5 You can staircase until you own your home outright and no longer need to pay us any rent.
East Leake
To Loughborough
Rempstone Rd
Brookside Primary School
To Nottingham
To M1
To A6
To M1 A6006
A60
A60
Loughborough Rd
Ashby Rd
Rempstone RdLoug
hbor
ough
Rd
Loug
hbor
ough
Rd
Cast
le H
ill
Main St Costock Rd
Broo
kside
Station Rd
Gotham
Rd
Leake Rd
Mill Lane
Woodgate Rd
Meeting House Close
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Hartleys
01509 856 934
hartleys-ea.co.uk
Metropolitan
020 3535 2555
Metropolitan is a leading provider of integrated housing services, care and support and community regeneration. Metropolitan is the brand name for Metropolitan Housing Trust Limited (MHT Ltd), registered office, The Grange, 100 High Street, Southgate N14 6PW. MHT Ltd is charitable, registered under the Co-operative and Community Benefit Societies Act 2014, registered No 16337R and registered with the Homes and Communities Agency, the regulator of social housing under No L0726. MHT has a Consumer Credit Licence under No 557055.
*Disclaimer: These brief particulars are intended as a convenient guide to supplement an inspection or survey and do not form, or form part of, any offer or contract. Their accuracy is not guaranteed. They contain statements of opinion and in some instances we have relied on information supplied by third parties. Metropolitan undertakes continuous product development and products may vary from any information given. Design elements, room dimensions and specification details may change or vary ‘as built’ without further notice. You should verify the particulars on your visit to the property and the particulars do not obviate the need for a full structural survey and all the appropriate enquiries. Accordingly, there shall be no liability as a result of any error or omission in the particulars or any information given. Your home is at risk if you do not keep up repayments on a mortgage or any other loan secured on it. ©Metropolitan 2015
How to find usMeeting House CloseEast LeakeNottinghamLE12 6HY