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Canter Drive, Cranleigh, Surrey, GU6 8UA

Shared ownership

Canter Drive, Cranleigh, GU6 8UA

Sale under offer
Shared ownership
Photo of Canter Drive, Cranleigh, Surrey, GU6 8UA
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from

£148,750

with min. deposit

£7,438

35% Share from
£148,750
Full market price
£425,000
Minimum deposit
£7,438
Monthly rent
£592
Monthly service charge
£33.32

2 bedroom semi-detached house

This gorgeous 2 bedroom home has just hit the market. It is a perfect property for first time buyers.
The property has a beautiful modern kitchen that is extremely well kept. There is ample cupboard space with fitted lighting, a splash back and an extractor fan. There are two bathrooms, one as you enter the house and another family bathroom upstairs with a bath and a shower. The living room is a great size with enough space to create a dining area that looks out onto the large grassy garden. Both bedrooms are a great size and have lovely large windows that let plenty of natural light in.

 

 

The property is located just outside of Cranleigh. …

Features

Bedrooms2
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Number of floors1
Entrance floorGround floor
Tenureleasehold
Lease years249
EER Current84
EER Potential84
EIR Current86
EIR Potential86

from

£148,750

with min. deposit

£7,438

35% Share from
£148,750
Full market price
£425,000
Minimum deposit
£7,438
Monthly rent
£592
Monthly service charge
£33.32
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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