keaze logo

Devenish Woods

Shared ownership

Devenish Woods, Redruth, TR15 1FQ

For salenew home
Live from space album cover

from

£70,000

with min. deposit

£7,000

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

Falcon Rise
Shared ownership

Falcon Rise

Coming soon

new home

Kestrel Close, Congleton

2 - 3

1

Minimum deposit

£3,500

40% Share from

£70,000

Full price

£175,000

Foxlow Fields
Shared ownership

Foxlow Fields

new home

buxton

2 - 3

1

Minimum deposit

£3,938

45% Share from

£78,750

Full price

£175,000

Flagship Resale
Shared ownership

Flagship Resale

Post Mill Lane, Diss

2

1

Minimum deposit

£6,125

70% Share from

£122,500

Full price

£175,000