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Ashlawn Rise

Shared ownership

Rugby CV22 5QE, Rugby, CV22 5QE

Coming soonnew home
Shared ownership
Photo of Ashlawn Rise
Live from space album cover
  • from

    £98,000

    2 bedroom

from

£98,000

with min. deposit

TBD

L&Q (Counties)

£98,000

2 bedroom semi-detached house

Availability

Coming soon

Minimum share

40%

Full market price

£245,000

Monthly rent

£337

Monthly service charge

£27.5

Bedrooms

2

Bathrooms

1

Reception rooms

1

Furniture status

unfurnished

Number of floors

2

Entrance floor

Ground floor

Tenure

leasehold

Lease years

990

Council Tax Band

N/A

Property features

Central heatingDouble GlazingDrivewayOff street parkingPrivate Garden

Overview

Launching this October - A new collection of 2 bedroom Shared Ownership homes at Ashlawn Rise, Rugby. Register your interest now to be the first to hear about our launch!

 

Prices start from £98,000 for a 40% share in a 2 bedroom house. Full market value of £245,000.

Available exclusively through Shared Ownership, these properties feature a high specification throughout including fully integrated appliances and well-crafted cabinetry. What's more, each of these sizeable homes will come with allocated parking spaces and a private garden.

About the development

Ashlawn Rise is situated on the fringes of the popular town of Rugby. Perfectly located …

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

£98,000

with min. deposit

TBD

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