Shared ownership at Fortescue Gardens, Merton, HP3 9GP

Fortescue Gardens

Breakspear Gardens, London, HP3 9GP

For salenew home
Shared ownership
Live from space album cover

from

£490,000

2 bedroom

from

£605,000

3 bedroom

Register interest

from £122,500

with min. deposit £6,125

£122,500

2 bedroom Flat

£127,500

2 bedroom Flat

£129,375

2 bedroom Flat

£131,250

2 bedroom Flat

£136,875

2 bedroom Flat

£145,000

2 bedroom Flat

£151,250

3 bedroom Flat

£156,250

3 bedroom Flat

£156,250

2 bedroom Flat

Availability

For sale

For sale

For sale

For sale

For sale

For sale

For sale

For sale

For sale

Minimum share

25%

25%

25%

25%

25%

25%

25%

25%

25%

Full market price

£490,000

£510,000

£517,500

£525,000

£547,500

£580,000

£605,000

£625,000

£625,000

Deposit from

£6,125

£6,375

£6,469

£6,563

£6,844

£7,250

£7,563

£7,813

£7,813

Monthly service charge

£94.81

£99

£100

£100

£111.65

£112

£114

£117

£122

Bedrooms

2

2

2

2

2

2

3

3

2

Bathrooms

1

1

1

1

1

1

1

1

1

Reception rooms

1

1

1

1

1

1

1

1

1

Number of floors

1

1

1

1

1

1

1

1

1

Entrance floor

2nd floor

Ground floor

-

Ground floor

1st floor

Ground floor

2nd floor

1st floor

Lower ground

Tenure

leasehold

leasehold

leasehold

leasehold

leasehold

leasehold

leasehold

leasehold

leasehold

Property features

-
Wheelchair accessible
-
Off street parking
-
Off street parkingWheelchair accessible
-
Off street parking
Off street parkingWheelchair accessible

Overview

Fortescue Gardens is a collection of one, two and three bedroom apartments available through Shared Ownership. Accessed via a new private road and adjacent to the Myrna Close nature reserve, the development is designed to be at one with its surroundings. With great local amenities and transport connections, Fortescue Gardens offers the best of urban living.   To be eligible for shared ownership on this scheme you would need to meet the following criteria:  • Your household income does not exceed £90,000.• You have a deposit of at least 5% of the share value.• You do not own another property or have your name on ...

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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