Shared ownership at 37 Basing House, Moulsford Mews, Reading, RG30 1ES

37 Basing House, Moulsford Mews

Moulsford Mews, RG30 1ES

For salenew home
Shared ownership
Live from space album cover

from

TBD

2 bedroom

Register interest

from TBD

with min. deposit TBD

TBD

2 bedroom Flat

Availability

For sale

Monthly service charge

£237.34

Bedrooms

2

Bathrooms

1

Reception rooms

1

Number of floors

1

Entrance floor

2nd floor

Tenure

leasehold

Overview

The front door of the property leads into a hallway with doors leading to each of the rooms.  Two spacious cupboards are perfect for storing coats and shoes.  The family bathroom is on the left and boasts a three piece white suite with shower over bath.  The hall leads to two good sized double bedrooms, on of which is currently used as a study area.  The open plan living / dining / kitchen area is a versatile and sociable space where you can relax and entertain your guests. Please note that the minimum household income relating to applications for this property is £33,000. Please register your interest for informat...

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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