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Burney House, Highbury Drive, Leatherhead, KT22 7UJ

Shared ownership

Leatherhead KT22 7UJ, Leatherhead, KT22 7UJ

Sale under offer
Shared ownership
Photo of Burney House, Highbury Drive, Leatherhead, KT22 7UJ
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from

£96,000

with min. deposit

£9,600

40% Share from
£96,000
Full market price
£240,000
Minimum deposit
£9,600
Monthly rent
£381
Monthly service charge
£168.42

1 bedroom flat

******PROPERTY IS UNDER OFFER ******

 

A stunning third floor one bedroom apartment situated in a prestigious development. The property comprises a fully fitted kitchen and open plan lounge/diner with Juliette balcony, double bedroom, bathroom, allocated car parking bay, security entry & lifts.

Leatherhead train station is just moments away providing frequent services to Waterloo, Victoria and London Bridge. The apartment is also ideally situated just a short walk to the town centre and Leatherhead Leisure centre. Junction 9 of the M25 is easily reached and offers access to London Gatwick & Heathrow airports in approximately thirty minutes. …

Features

Bedrooms1
Bathrooms1
Reception rooms1
Floor area40
Number of floors1
Entrance floor3rd floor
Tenureleasehold
Lease years109
EER Current82
EER Potential82
EIR Current88
EIR Potential88

from

£96,000

with min. deposit

£9,600

40% Share from
£96,000
Full market price
£240,000
Minimum deposit
£9,600
Monthly rent
£381
Monthly service charge
£168.42
Complete Moves

Complete Moves

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.

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