East Carriage House, Royal Carriage Mews, Woolwich, London, SE18 6GG
East Carriage House, Royal Arsenal, London, SE18 6GG
with min. deposit
1 bedroom flat
Situated in Royal Arsenal Riverside this fantastic one bedroom apartment is ideal for first time buyers, the development comprises residential, commercial and leisure outlets, which together, make up what has become a new village community. There are easy to reach shops and a day care just round the corner from the building.
This property is finished to is a quality standard specification and has the added benefit of a full width balcony overlooking the Royal Arsenal Lagoon where you can admire some beautiful sun rises over the block. The property comprises an entrance hall, a large open plan reception room and modern kitchen, a double …
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with min. deposit
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