Highwood Close, London, SE22 8NJ
with min. deposit
1 bedroom flat
Well presented 1 bedroom flat, set within a modern development in a very convenient location.
The current market value is £330,000 for 100%. The minimum 40% share available is priced at £132,000, current rent payable £364.99 pcm, rent is subject to annual reviews. Service charges are currently £177.85 pcm.
Entrance Hallway: 3m x 1m
Kitchen/Lounge: 8.3m x 3m
Bedroom 1: 3.6m x2.5m
Bathroom/WC: 2.6m x 2m
Approx 45 sqm gross internal measurement
Viewings by appointment only. Please contact email@example.com
Closing date for applications: 18th August 2020
Please note though that if a high volume of applications is received, …
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|Entrance floor||Ground floor|
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