Barnard House, London, SE17 1FX
with min. deposit
2 bedroom flat
Full Market Value: £690,000
Share Value (25%): £172,500
Monthly Rent: £423.11
Service Charge: £339.73
Council Tax Band: E
250 year lease commenced October 2016 - 242 years remaining
EWS1 - EWS1 Certification is available for this property.
Elephant Park is ideally located in a historic area with and established local community, a short distance away from Elephant and Castle station, travel zone 1, which provides underground and rail services. The development has cycle storage and electric vehicle charging points.
At the centre of the development is a new park. Elephant Park - a beautifully landscaped central …
|Number of floors||1|
|Entrance floor||6th floor|
with min. deposit
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