244 The Grange
5 Barclay Close, Warwick, CV35 9UX
with min. deposit
2 bedroom semi-detached house
Brand new 2-bedroom Semi detached house in the Grange development, available through shared ownership in Newmarket. The price represents purchasing a 45% share of the property
About the Development
The Grange will be offering a selection of wonderful, Shared Ownership 2 & 3 bedroom houses, located in the village of Wellesbourne, eight miles from the centre of Warwick. Finished to a good level of specification offering fitted kitchens with built-in oven, hob and extractor, modern fitted bathrooms and double glazing throughout.
Situated close to the Cotswolds and the Malvern Hills, Wellesbourne has some of England's most beautiful rural area …
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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