Just released

Kingswood Collection

Diversity Dr, Kingswood, Hull, HU7 3NJ

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  • Semi-detached and end terrace
  • 2-4 bedrooms

Prices from…

Shared ownership:£40,000*
External image of the Sowerby house type

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Unique styles in a new setting

Just released, Kingsfield Park has a selection of three and four-bedroom homes for sale with shared ownership in Kingswood, Hull. Available to move into right away, we don't expect these exclusive house types to be around for long!

Step onto the property ladder with shared ownership and become part of a fantastic community. Kingswood has all the amenities you need, from local shopping to a range of leading schools. Hull City Centre is a short drive away and there are convenient road links to the North too.

Key features of Kingswood Collection

  • Brand-new and exclusive house types available for a limited time only!
  • Uncrowded development set around a new urban green space
  • Available with shared ownership
  • All homes include parking
  • 20-minute drive from Hull City Centre
  • 1.4 miles from Kingswood Retail Park

See how much your monthly payments could be...

With shared ownership plans, your share can only be between 25% - 75%.

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25%75%
£
£
£
£

Years

Your estimated monthly payments could be...

£521

Est. mortgage charge

£246

Rental cost

£275

These prices are based on a 25 year mortgage term with a 5.5% mortgage interest rate. This is the same criteria which we use in our adverts. Your actual mortgage offer may be a bit different. As a guide you would be looking at around £246 a month for your mortgage repayment and £275 for your rent. This gives you a monthly cost of around £521. The figures are estimates and should be used for guidance only. There may be other costs you need to consider such as estate management fees, ground rent, service charges etc.

This calculator is provided for guidance only; Persona Homes does not offer mortgage advice. You will need to take advice from a suitably qualified adviser before applying for and agreeing to a mortgage. Your home may be repossessed if you do not keep up repayments on your mortgage. If you like what you see, contact us today so we can see if we can help you make your homeownership dreams a reality.

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Shared Ownership

Shared ownership is a government-backed scheme that makes it easier for you to buy an affordable stake in a property.

The share you buy is dependent on your financial and personal circumstances. It can be from a minimum of 25% to a maximum of 75% share of the full market value of the property. You may be able to buy further shares at a later stage and in most instances you will be able to buy up to 100% of the shares in your home and own it outright. However, in some cases there may be restrictions on when you can buy a further share or on the maximum total share you can own.

Further information can be found in our Shared ownership article.

Do I Qualify?

You qualify for shared ownership if you:

  • Have a household income of under £80,000 (less than £90,000 in London)

  • Don’t currently own your home and can’t afford to on the open market

  • Can afford the minimum deposit

  • Pass an affordability check to make sure you can get a mortgage


* The full market value of these homes is from £160,000 but, with shared ownership, you could purchase an initial 25% share for just £40,000 and pay a monthly rent on the remaining share. If you’re buying with a mortgage you may only need a deposit of 5% of the amount you borrow, meaning your deposit could be as low as £2,000.

Keen to find out more?

Whether you’d like to book a viewing or simply have a quick introductory chat, our helpful advisory team would love to hear from you.

Get in touch