Arklow Road, London, SE14 6AZ
with min. deposit
1 bedroom flat
This spacious third floor, one bedroom home at Arklow Road, located near Deptford and New Cross stations is perfect for a first time buyer. The property is just a short walk from a vast variety of local shops, restaurants and green spaces. Nearby you will find yourself in the lively Lewisham and Peckham areas, Folkestone Gardens and a short cycle away, you'll be at Greenwich Park. The home offers a bright open-plan living area, view of The Shard through the windows, a spacious double size bedroom with space for a full height wardrobe, as well as a well-designed kitchen with built in appliances.
The property includes features such as:
|Number of floors||1|
|Entrance floor||3rd floor|
with min. deposit
Pocket Living Resales
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