Arklow Road, London, SE14 6AZ
with min. deposit
1 bedroom flat
High-ceilinged one-bedroom first-floor conversion flat, within a handsome brick-built twenties industrial building. The property sits just within the New Cross postcode on its Deptford border - and the immediate locale has been recently developed to a really high standard; creating a thriving little community all of its own. The building boasts a shared garden and bike store.
New Cross and Deptford Stations and their respective town centres are both just 0.5 mile away (walk seven to eight minutes). Greenwich is an easy walk too, along the River Thames
- Currently living or working in any London Borough
- Total household income …
|Number of floors||1|
|Entrance floor||1st floor|
with min. deposit
Help to Buy is an equity loan scheme to help you buy a new home. If you have a 5% deposit and can cover 75% of the value of the home with a mortgage (or 55% in London), the Government will lend you up to the remaining 20% (40% in London) in the form of an equity loan that carries 0% interest in the first 5 years. This is available on a variety of new-build properties for first time buyers and is subject to the property price, the subsequent price cap in that region and the developer offering the option.
You can read more on the Help to Buy FAQ
The rules for shared ownership are different to a private purchase. In short, as long as you don’t currently own, or won’t own another property when you move in to a new home, you’re likely to qualify. Help to Buy is available to first time buyers only and the property value itself must fall below a price threshold for that specific area which varies in terms of the average house price in the region.
Read more about eligibility in the FAQ