London N13 5BF, London, N13 5BF
with min. deposit
1 bedroom flat
This is a well-laid out one bedroom purpose built flat in a development of 9 properties, built in 2012. It is situated in a private, gated development. The flat includes one double bedroom, living room, a kitchen, bathroom, one storage cupboard where the boiler is located all coming off one spacious corridor.
From the living room there is access to one generously-sized balcony which is overlooking the New River and Hazelwood recreation ground towards the eastern area of London.
It is positioned on the first floor and there is a communal elevator for the block and intercom for all flats.
The bedroom is carpeted, the bathroom has linoleum …
|Number of floors||1|
|Entrance floor||1st 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