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241 Otterham Park

Shared ownership

7 Red Sail Gardens, Rainham, ME8 8GE

For salenew home
Shared ownership
Plot  gallery image
Live from space album cover

from

TBD

with min. deposit

TBD

50% Share from
£150,000
Full market price
£300,000
Minimum deposit
£7,500
Monthly rent
£344
Monthly service charge
£50

2 bedroom terraced house

Features

Bedrooms2
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Number of floors1
Tenureleasehold

from

TBD

with min. deposit

TBD

50% Share from
£150,000
Full market price
£300,000
Minimum deposit
£7,500
Monthly rent
£344
Monthly service charge
£50
Sage Housing

Sage Housing

Brochures

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

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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