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Brindley Green

Shared ownership

Off Stockley Road, Longford, Coventry, CV6 6QY

Coming soonnew home
Shared ownership
Photo of Brindley Green
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from

TBD

with min. deposit

TBD

Overview

COMING SOON - Just north of Coventry, in the village of Longford, we are excited to bring a range of two and three bedroom homes exclusively for shared ownership. Brindley Green will form part of a larger development on the edge of the Coventry Canal, which adds a tranquil touch to the location and the opportunity to enjoy peaceful walks.

Excellent big city connections to Coventry and Birmingham are another good reason for the area's desirability, whether you travel by train from Bedworth or by car on the M6.

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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

TBD

with min. deposit

TBD

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