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35 Jay Rise

Shared ownership

35 Jay Rise, Salisbury, SP2 7FL

For sale
Shared ownership
Photo of 35 Jay Rise
Live from space album cover

from

£120,000

with min. deposit

£6,000

60% Share from
£120,000
Full market price
£200,000
Minimum deposit
£6,000
Monthly rent
£222
Monthly service charge
£204.7

2 bedroom flat

As you enter this beautifully presented apartment, you are welcomed by a carpeted entrance hall that situates a cloakroom and access to all other rooms.

This home boasts a modern open plan kitchen/diner/living room. The carpeted living and dining space has a UPVC window bringing in an array of light. There is a telephone point, a TV aerial point and a SKY/cable point.

The kitchen has a lovely wood effect laminate flooring with wood effect kitchen units. The kitchen has an integral gas hob, electric oven and extractor fan as well as a stainless steel sink and drainer, which is situated under the UPVC window, offering views out of the property. …

Features

Allocated parking

Bedrooms2
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Number of floors1
Entrance floorGround floor
Tenureleasehold
Lease years117
EER Current84
EIR Current88
Key Information Document

from

£120,000

with min. deposit

£6,000

60% Share from
£120,000
Full market price
£200,000
Minimum deposit
£6,000
Monthly rent
£222
Monthly service charge
£204.7
Aster

Aster

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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