Chandlers Fields, West Molesey - New Property Development

Chandlers Fields is a new development of 6 two bedroom apartments and 1 one bedroom apartment at the juncture of Priory Lane and Ray Road in the village of West Molesey, Surrey.

Set within landscaped surrounds, the seven apartments have been built to stringent standards and make maximum use of available living space.

Please check current availability.

How does New Build HomeBuy work?

New Build HomeBuy (also known as shared ownership and part buy, part rent) is a form of low cost home ownership which enables you to buy a proportion of a property. This means you own a share in the equity of that property using either a mortgage and/or savings, and pay rent on the part you do not own. At a later stage, you may buy further equity if you wish to do so (this is often referred to as 'staircasing').

You will be able to buy a share of the property based upon a qualified valuer's valuation. The minimum initial equity on a property is dependent on a range of factors including current property prices and affordability in a particular area. The share is likely to fall within a range of 25-50%.

The proportion of the rent you pay is dependant on the percentage you do not own. For example, if you purchase 40%, you pay rent on the remaining 60%.You can, if you wish, staircase to full ownership or you can remain a New Build HomeBuy owner. However, even though you only own a percentage of the property, you will have the normal rights and responsibilities of a full home owner.