Shared ownership at Drift - Ground floor, Folkestone and Hythe, CT21 6FN

Drift - Ground floor

Fishermans Beach, Hythe, CT21 6FN

For salenew home
Shared ownership
Live from space album cover

from

£200,000

1 bedroom

Register interest

from £100,000

with min. deposit £5,000

£100,000

1 bedroom Flat

Availability

For sale

Minimum share

50%

Full market price

£200,000

Deposit from

£5,000

Monthly service charge

£15,690

Bedrooms

1

Bathrooms

1

Reception rooms

1

Number of floors

1

Entrance floor

Ground floor

Tenure

leasehold

Property features

Off street parking

EER Current

81

EER Potential

81

EIR Current

85

EIR Potential

85

Overview

Entrance hall with laminate flooring 
Open Plan living room/kitchen fully fitted with integral appliances and laminate flooring
Master bedroom with fitted carpet
Bathroom/w.c with thermostatic shower over bath and shower screen
Allocated parking space to rear of block
Video entry system
Lift to all floors
Built on beach front 
Plot 3 (see floorplans)
Lease date: 125 years from 1st December 2015
EPC rating: B (81)
Council Tax banding C
Pets will not be permitted in apartments 

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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