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Addiscombe Oaks SO

Shared ownership

Croydon CR0 5PL, Croydon, CR0 5PL

Coming soonnew home
Shared ownership
Photo of Addiscombe Oaks SO
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from

TBD

with min. deposit

TBD

Overview

Addiscombe Oaks - a contemporary collection of studios and 1, 2 & 3 bedroom Shared Ownership homes in the heart of East Croydon. 

Register your interest to be the first to hear about the launch coming this Summer 2022

Homes at Addiscombe Oaks are well placed for those who love the vibrant and exciting neighbourhood of Croydon, South London. With BOXPARK Croydon, the Whitgift Shopping Centre and the Surrey Street Market on your doorstep, there's something for everyone. For trips further afield, East Croydon is only a short walk away from Addiscombe Oaks, offering fast transport links into London Bridge, London Victoria, Brighton and Gatwick …

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.

from

TBD

with min. deposit

TBD

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