141 Otterham Park
27 Thomas Stanley Drive, Rainham, ME8 8FY
with min. deposit
3 bedroom terraced house
Wonderful 3 bedroom terraced house in the Otterham Park development. The price advertised represents purchasing a 50% share of the home.
About the Development
Otterham Park is a wonderful brand new development located in the ever popular area of Rainham. Don't miss out on the chance to own a lovely 3 bedroom semi-detached house
Otterham Park is just a short distance away from a range of amenities, including a supermarket, leisure centre and a trampoline park. A wider choice of shops can be found in nearby Gillingham and Hempstead Valley. If you want to enjoy open spaces, you’re within easy reach of Berengrave Nature Reserve and its charming …
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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