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35 Lancer Street

Shared ownership

Lancer Street, Colchester, CO2 7FS

For sale
Shared ownership
Photo of 35 Lancer Street
Live from space album cover

from

TBD

with min. deposit

TBD

35% Share from
£68,250
Full market price
£195,000
Monthly rent
£319.98
Monthly service charge
£94.86

2 bedroom flat

Features

Off street parking

Bedrooms2
Bathrooms1
Reception rooms1
Number of floors1
Entrance floor1st floor
Tenureleasehold
Lease years125
EER Current83
EER Potential83
EIR Current88
EIR Potential88
Key Information Document

from

TBD

with min. deposit

TBD

35% Share from
£68,250
Full market price
£195,000
Monthly rent
£319.98
Monthly service charge
£94.86
CHP

CHP

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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