3 Fontwell Meadows
Plot 3, Arundel, BN18 0SY
with min. deposit
2 bedroom flat
Wonderful 2 bedroom apartment house in the Fontwell Meadows development. The price advertised represents purchasing a 50% share of the home.
About the Development
Fontwell Meadows is a brand-new Dandara development located not far from the beautiful South Coast. Famous for it’s historic Racecourse, Fontwell is an up and coming community not far from both the south downs national park and the beach. These wonderful and spacious apartments are offered with high spec and are the perfect opportunity to begin a shared ownership journey.
About the Home
This plot is a brand new 2 bedroom apartment. Upon entry there is a lengthy hallway which gives …
|Number of floors||1|
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