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Earlswood Court - Barnet

Shared ownership

Edgware HA8 8GA, Edgware, HA8 8GA

For sale
Shared ownership
Photo of Earlswood Court - Barnet
Live from space album cover

from

£129,000

with min. deposit

£12,900

30% Share from
£129,000
Full market price
£430,000
Minimum deposit
£12,900
Monthly rent
£689
Monthly service charge
£258

2 bedroom flat

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This two bedroom apartment with ensuite located in Earlswood Court located on second floor, situated in a three storey modern development built in 2015. The approximate size of the property is 72 sq. m. and the time remaining on the lease is 119 years.

There are good transport links with Stanmore Station 0.6 miles away and Edgware Station 0.8 miles away. Local buses serve the area and the night buses provide links to Central London locations. Within a 1.5 mile range you will find exquisite restaurants and bars filled with life and ambience. Three main supermarkets are …

Features

Bedrooms2
Bathrooms2
Reception rooms1
Furniture statusunfurnished
Number of floors1
Entrance floor2nd floor
Tenureleasehold
Lease years119

from

£129,000

with min. deposit

£12,900

30% Share from
£129,000
Full market price
£430,000
Minimum deposit
£12,900
Monthly rent
£689
Monthly service charge
£258
Peabody

Peabody

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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