Help to Buy at Parker Road Croydon, Croydon, CR0 1DN

Parker Road Croydon

1 Parker Road, London, CR0 1DN

For salenew home
Help to Buy
Live from space album cover

from

£525,000

2 bedroom

from

£600,000

3 bedroom

Register interest

from £525,000

with min. deposit £26,250

£525,000

2 bedroom Bungalow

Availability

For sale

Full market price

£525,000

Deposit from

£26,250

Monthly service charge

£0

Bedrooms

2

Bathrooms

1

Reception rooms

1

Number of floors

1

Entrance floor

1st floor

Tenure

freehold

Property features

Off street parking

Overview

Launching today! High spec 3 Bed Houses with London Help to buy - incentives available - don't miss out - reserve off-plan now on the first release! Ideally located in a vibrant area near the edge of South End, Croydon's restaurant quarter as well as Mathews Yard and the Cultural Quarter. East Croydon and South Croydon stations are nearby for fast transport links in to London. This Development is Situation within the Croydon Borough, with its plans for huge regeneration sees over £3.5bn being injected into the area over 5 years. The town centre is due to be revamped, Westfield and Hammerson are joining forces to invest £1bn in a n...

FAQs

Shared ownership is a government-backed scheme, designed to make stepping onto the property ladder more affordable. You buy a portion of a home normally with a mortgage and a deposit, and pay a low-cost rent on the rest.

Read more on the Shared Ownership FAQ

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

Some properties require you to live or work in the local area in order to be eligible to buy them. By knowing the areas in which you live and work, we can make sure you see everything available to you.

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