Catkin House, Romford, RM3 0FR
with min. deposit
1 bedroom flat
Full market value - £280,000
You pay (50%) £140,000
Monthly rent: £270.20
Monthly service charge £147.56
Annual ground rent: N/A
Council Tax Band: C
99 year lease commenced in August 2014 (90 years remaining)
EWS1 certification is available for this property - B1 rating.
This apartment is situated on the popular Kings Park development in Harold Wood, surrounded by a wealth of countryside, woodland and parks and so with green open spaces covering more than half of the borough, there are plenty of places to relax and recharge.
Kings Park is situated within an immediate walking distance of Harold Wood mainline station (approx. 33 …
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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