keaze logo

Cedar Place

Shared ownership

Cedar Place, Preston, PR3 5DQ

For salenew home
Live from space album cover
  • from

    £124,950

    2 bedroom

  • from

    £174,950

    3 bedroom

Register interest

from £31,238

with min. deposit £1,562

Heylo Housing

£31,238

2 bedroom Flat

£87,475

3 bedroom House

Availability

For sale

For sale

Minimum share

25%

50%

Full market price

£124,950

£174,950

Deposit from

£1,562

£4,374

Monthly rent

£214

-

Bedrooms

2

3

Bathrooms

1

2

Reception rooms

1

1

Number of floors

1

1

Entrance floor

-

6th floor

Tenure

leasehold

leasehold

Overview

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.

Similar properties

Bartle Meadows
Shared ownership

Bartle Meadows

new home

Downy Close, Preston

2

2

Minimum deposit

£1,750

25% Share from

£34,988

Full price

£139,950

Whittingham Park
Shared ownership

Whittingham Park

new home

Whittingham Park, Preston

2

1

Minimum deposit

£1,250

25% Share from

£24,999

Full price

£99,995

Elston Park
Shared ownership

Elston Park

Coming soon

new home

Preston Road, Preston

2 - 3

1

Minimum deposit

£2,888

35% Share from

£57,750

Full price

£165,000