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Dawney Park

Shared ownership

Driffield YO25 5BF, Driffield, YO25 5BF

Sold
Shared ownership
Photo of Dawney Park
Live from space album cover
Sold out. Register interest for more information
60% Share from
£111,000
Full market price
£185,000
Minimum deposit
£5,550
Monthly rent
£183

3 bedroom semi-detached house

The property comprises of an open plan living / dining / kitchen area and separate cloakroom and utility room. French doors from the dining area lead to the well-established rear garden. Upstairs are three good-sized bedrooms, and a fully-fitted modern bathroom.
Entrance hall
Front door opens to the entrance hall leading to cloakroom, utility room, and open-plan living space.
Cloakroom / toilet
Ground floor toilet and wash basin.
Utility room
Conveniently located next to the cloakroom with plumbing for a washing machine.
Kitchen
A fully-fitted open plan kitchen with a range of wall and base units with complimentary work surfaces. A stainless-steel …

Features

Enclosed Garden

Rear Garden

Off street parking

Bedrooms3
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Number of floors2
Entrance floorGround floor
Tenureleasehold
Sold out. Register interest for more information
60% Share from
£111,000
Full market price
£185,000
Minimum deposit
£5,550
Monthly rent
£183
WDH

WDH

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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