12 Compass Point
7, Swanage, BH19 1FL
with min. deposit
3 bedroom semi-detached house
Wonderful 3 bedroom semi-detached house in the Compass Point development. The price advertised represents purchasing a 50% share of the home.
About the Development
Swanage is a sought after location and this collection of brand new Shared Ownership homes are sure to appeal to couples and families alike. Situated on the popular Barratt Homes ‘Compass Point’ development, there are a range of local amenities on offer as well as easily accessible transport links to Weymouth, Bournemouth and Poole.
About the Home
The main front entrance opens into a lounge with a Kitchen Diner and a downstairs WC at the rear of the property along with a lobby. …
|Number of floors||1|
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