Longridge Farm

Choppington Road, Bedlington, NE22 6LA

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  • Semi-detached and detached
  • 3-4 bedrooms

Prices from…

Shared ownership:£50,000*
persona-homes-longridge-farm-homes-for-sale-choppington-kirkwood

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Countryside living, close to town

Surrounded by beautiful fields and open countryside yet conveniently located just under a mile from the historic market town of Bedlington. Longridge Farm is a brand-new development offering a variety of two, three, four and five-bedroom homes available with shared ownership.

Combining modern, energy-efficient designs with classic architectural styles, our peaceful development is the perfect place to put down roots for first-time buyers and families alike. Less than 14 miles from the centre of Newcastle and just over 6 miles from the seaside, you can really enjoy the best of the both worlds!

Key features of Longridge Farm

  • Only 15 minutes from the beach
  • Less than half an hour drive from Newcastle City Centre
  • Enjoy reduced running costs thanks to modern materials and building techniques used to deliver your new energy-efficient home
  • Available with shared ownership
  • Access to a variety of schools
  • Excellent transport links with Cramlington only 5 miles away.

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%
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Years

Your estimated monthly payments could be...

£652

Est. mortgage charge

£308

Rental cost

£344

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 £308 a month for your mortgage repayment and £344 for your rent. This gives you a monthly cost of around £652. 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 £200,000 but, with shared ownership, you could purchase an initial 25% share for just £50,000 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 £2,500.

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.

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