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53 Russell Square

Shared ownership

Horley RH6 7GW, Horley, RH6 7GW

For sale
Shared ownership
Photo of 53 Russell Square
Live from space album cover

from

£123,750

with min. deposit

£6,188

45% Share from
£123,750
Full market price
£275,000
Minimum deposit
£6,188
Monthly rent
£346

2 bedroom flat

Features

Allocated parking

Balcony

Bedrooms2
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Floor area58
Number of floors3
Entrance floor2nd floor
Tenureleasehold

from

£123,750

with min. deposit

£6,188

45% Share from
£123,750
Full market price
£275,000
Minimum deposit
£6,188
Monthly rent
£346
SO Resi

SO Resi

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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