Cormorant Drive COR614
Cormorant Drive, Gateshead
Shared ownership
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***Please quote COR614 when enquiring.*** - Introduction -  Always dreamed of owning your home? With easy access to Newcastle City Centre, an abundance of local amenities and the gorgeous Quaysid...

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from £65,000 with min. deposit £3,250
Overview

Always dreamed of owning your home? With easy access to Newcastle City Centre, an abundance of local amenities and the gorgeous Quayside only a stone’s throw away; why not say yes to this three-bed home?

FAQ’s
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.
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.
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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