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Amberdown

Shared ownership

School Road, Hove, BN3 5QU

Coming soonnew home
Photo of Amberdown
Photo of Amberdown
Live from space album cover

from

TBD

with min. deposit

TBD

Overview

Coming soon - A selection of 1 & 2 bedroom apartments and 3 bedroom houses available in Hove through the shared ownership scheme.

Launching Winter 2021

Amberdown is a stunning new development of 3 bedroom houses and 1 and 2 bedroom apartments offered for shared ownership in the heart of Hove's ever-popular Poets Corner neighbourhood.

This beautifully designed, contemporary development offers prospective residents exceptional proximity to green spaces, such as nearby Wish Park, the beautiful beaches of the south coast, the amenities of Brighton & Hove and the rolling countryside of the South Downs beyond.

Register your interest now for further …

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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