The River Gardens
Banning Street, London, SE10 0FE
The River Gardens is a prestigious development of new waterside homes in Royal Greenwich, the location of which is certain to appeal to commuters working in Canary Wharf and central London, as well as to first-time buyers.
This collection of 1, 2, and 3-bedroom apartments – which includes a selection of wheelchair adaptable homes – enjoys a high quality specification, with integrated appliances, modern bathroom suites and balconies, while the development itself incorporates a private gym, swimming pool and concierge service for residents. Parking is also available to purchase.
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