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Flat 44 Basing House

Shared ownership

Moulsford Mews, Reading, rg30 1es

For sale
Photo of Flat 44 Basing House
Photo of Flat 44 Basing House
Photo of Flat 44 Basing House
Photo of Flat 44 Basing House
Photo of Flat 44 Basing House
Photo of Flat 44 Basing House
Photo of Flat 44 Basing House
Photo of Flat 44 Basing House
Photo of Flat 44 Basing House
Photo of Flat 44 Basing House
Photo of Flat 44 Basing House
Photo of Flat 44 Basing House
Photo of Flat 44 Basing House
Photo of Flat 44 Basing House
Photo of Flat 44 Basing House
Photo of Flat 44 Basing House
Photo of Flat 44 Basing House
Photo of Flat 44 Basing House
Photo of Flat 44 Basing House
Photo of Flat 44 Basing House
Photo of Flat 44 Basing House
Photo of Flat 44 Basing House
Photo of Flat 44 Basing House
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2 bedroom flat

A well-presented two bedroom apartment situated in a convenient location close to lots of local amenities including Reading town centre and mainline train station. The property offers light and spacious accommodation comprising: entrance hallway, family bathroom, two bedrooms and an open plan kitchen/lounge/diner. 

Features

Double Glazing

Lift access

Bedrooms2
Bathrooms1
Reception rooms1
Furniture statusfurnished
Floor area61
Number of floors1
Entrance floor3rd floor
Tenureleasehold
Lease years116
EER Current80
EER Potential80

from

£80,000

with min. deposit

£4,000

40% Share from
£80,000
Full market price
£200,000
Minimum deposit
£4,000
Monthly rent
£303
Monthly service charge
£240.91
Reservation free
£300
Administration free
£0
Southern Home Ownership

Southern Home Ownership

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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