18 Hanstead Park
3 Dower House, St. Albans, AL2 3FY
with min. deposit
2 bedroom flat
Wonderful 2 bedroom apartment in the Hanstead Park development. The price advertised represents purchasing a 45% share of the home.
About the Development
Hanstead Park is a fabulous new development, perfectly placed within the thriving Hertfordshire village of Bricket Wood, close to excellent transport links and with easy access to Watford, St Albans and London. It also benefits from a range of local amenities, including nursery and primary schools, shops, post office, medical centre and dental practice. Further to this, a couple of great local pubs, a community centre and a social club, plus a host of church and community activities add to …
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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