Sage Homes

Sage Homes built by Linden Homes is a shared ownership product brought to you by Sage Homes, available on selected new build homes only, subject to contract and eligibility criteria. The Sage Homes product is subject to individual mortgage lender qualification and affordability criteria as prescribed by Homes England. Purchasing a Sage Home is subject to you first obtaining approval from Sage before reserving a new home. Eligibility for the product may be withdrawn at any time prior to reservation. Sage may also require evidence of your financial ability to proceed with the purchase of a new home. Shares from 42.5% up to 75% of the new home are available. Prices advertised can represent up to a 50% share of the new home. Rent will be charged at 2.75% of the unacquired equity share and is reviewed annually in line with the year-on-year change to RPI in the preceding 12 months plus additional 0.5% and an annual fee of £195. The property will be sold on a shared ownership leasehold basis with a term of 990 years and a monthly management fee is also payable. You will be an assured tenant with Sage Homes as the landlord until such time you staircase to own 100% of the property. More information on eligibility and affordability can be found at www.sagehomes.co.uk. This product cannot be used in conjunction with any other offer, discount, promotion or scheme. Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it. Subject to individual lender terms and conditions. The Sage Homes reservation terms and conditions will apply. Please speak to one of our sales consultants for more details. Should you proceed to purchase a Sage Homes property your personal data will be processed by Sage Homes as set out in their privacy policy: Sage Homes: https://www.sagehomes.co.uk/privacy-notice/as well as our Linden Homes privacy policy: https://www.lindenhomes.co.uk/privacy-policy.