keaze logo

Edinburgh Way

Shared ownership

Harlow CM20 2GS Harlow, CM20 2GS

For salenew home
Shared ownership
Photo of Edinburgh Way
Live from space album cover
  • from

    £88,000

    1 bedroom

from

£88,000

with min. deposit

£4,400

Legal & General Affordable Homes

£88,000

1 bedroom flat

Availability

For sale

Minimum share

40%

Full market price

£220,000

Deposit from

£4,400

Monthly rent

£303

Monthly service charge

£165

Bedrooms

1

Bathrooms

1

Reception rooms

1

Furniture status

unfurnished

Floor area

49

Number of floors

1

Entrance floor

3rd floor

Tenure

leasehold

Lease years

250

Property features

Central heatingDouble Glazing
EER Current85
EIR Current91

Overview

Beautiful one & two bedroom apartments in Harlow.

 

The brand new homes at Edinburgh Way have been designed, constructed and finished to a high standard. Comprising flexible, open-plan living ideal for entertaining friends and family in style.

Shared Ownership homes at Edinburgh Way will be available to move into in Summer 2022.

For more information, please register and our Sales Consultant will be delighted in helping you find your new home.

Financial Breakdown:

  • Full Market Value: £220,000 - £295,000
  • 40% Share Value: £88,000 - £118,000
  • 5% deposit of 40%: £4,400 - £5,900
  • Rent on unowned share: £303 - £406
  • Service Charge: £165 - £216 per month

 

Key …

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.

from

£88,000

with min. deposit

£4,400

Similar properties

1 Laight Road
Shared ownership

1 Laight Road

Maidstone ME17 3FU, Maidstone

2

2

Minimum deposit

£6,600

60% Share from

£132,000

Full price

£220,000

Rampling Court (69130821)
Shared ownership

Rampling Court (69130821)

Rampling Court, Crawley

2

1

Minimum deposit

£8,800

40% Share from

£88,000

Full price

£220,000

Harwood Close, Codmore Hill, Pulborough, West Sussex, RH20 1FL
Shared ownership

Harwood Close, Codmore Hill, Pulborough, West Sussex, RH20 1FL

Sale under offer

Harwood Close, Pulborough

2

1

Minimum deposit

£2,750

25% Share from

£55,000

Full price

£220,000