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Beauchamp Park

Shared ownership

Gallows Hill, Warwick, CV34 6DD

For salenew home
Shared ownership
Photo of Beauchamp Park
Live from space album cover

from

£127,750

with min. deposit

£6,388

Overview

Just Launched - A selection of 3 bedroom Shared Ownership houses

Beauchamp Park has been designed to offer you opulent living in a town steeped in history. At L&Q we are dedicated to building homes that you can be proud of and Beauchamp Park is no exception. The collection of two, three and four bedroom Shared Ownership houses have been intended to reflect the character of Warwick and the surrounding areas by using sympathetic materials and colours.

The core focus of the development is an extended vista with views onto Warwick Castle which interlinks play areas, cycle paths and walking routes within the Beauchamp Park development. This …

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

£127,750

with min. deposit

£6,388

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