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167 Dukes Quarter

Shared ownership

38 Douglas Drive, Bordon, GU35 9FF

For salenew home
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2 bedroom flat

Wonderful 2 bedroom ground floor flat available in the Dukes Quarter Development in Borden. The price advertised represents purchasing a 45% share of the home

 

About the Development

Dukes Quarter is an exciting new community, set around open space, featuring beautiful woodland views with amenities close by. Surrounded by an abundance of local amenities, Dukes Quarter is ideally situated in the bustling town of Bordon, which alongside Whitehill, is set to become a prosperous and sustainable green town in Hampshire.

About the Home

This plot is a wonderful, new 2-bedroom apartment. Upon entry there is a spacious hallway with two large cupboards. …

Features

Bedrooms2
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Number of floors1
Tenureleasehold

from

£103,500

with min. deposit

£5,175

45% Share from
£103,500
Full market price
£230,000
Minimum deposit
£5,175
Monthly rent
£290
Monthly service charge
£37.88
Sage Housing

Sage Housing

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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