Causeway Place, Worthing BN12 6FP
The Causeway, Worthing, BN12 6FP
2 bedroom flat
A delightful two bedroom two bathroom apartment located in a popular area of Worthing, this property is ideal for first time buyers.
Situated on the first floor of a brick-build block, the property boasts an open plan living and kitchen leading on to a private balcony, two double bedrooms; the master with a modern ensuite shower room, a contemporary family bathroom
The apartment benefits from allocated parking and is located close to local shopping facilities, restaurants, beaches and is less than a 5 minute walk to Durrington-On-Sea train station (0.1 miles) and ideally situated for commuters.
Full Market Value: £250,000
Min Share: 50%
On street/resident parking
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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