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Franklin Court

Shared ownership

Brook Road, Borehamwood, WD6 5FN

For salenew home
Shared ownership
Photo of Franklin Court
Live from space album cover
  • from

    £92,500

    2 bedroom

from

£92,500

with min. deposit

£4,625

Persona

£92,500

2 bedroom flat

£92,500

2 bedroom flat

£93,125

2 bedroom flat

£93,125

2 bedroom flat

Availability

For sale

For sale

For sale

For sale

Minimum share

25%

25%

25%

25%

Full market price

£370,000

£370,000

£372,500

£372,500

Deposit from

£4,625

£4,625

£4,657

£4,657

Monthly rent

£635

£635

£640

£640

Monthly service charge

£90

£90

£91

£90

Reservation fee

£500

£500

£500

£500

Bedrooms

2

2

2

2

Bathrooms

1

1

1

1

Reception rooms

1

1

1

1

Furniture status

unfurnished

unfurnished

unfurnished

unfurnished

Floor area

65

65

65

65

Number of floors

1

1

1

1

Entrance floor

4th floor

5th floor

6th floor

7th floor

Tenure

leasehold

leasehold

leasehold

leasehold

Property features

BalconyCentral heatingCommunal GardenDouble GlazingLift accessOff street parkingUnderground parking
BalconyCentral heatingCommunal GardenDouble GlazingLift accessOff street parkingUnderground parking
BalconyCentral heatingCommunal GardenDouble GlazingLift accessOff street parkingUnderground parking
Central heatingCommunal GardenDouble GlazingLift accessOff street parkingUnderground parking

Overview

Situated centrally in Borehamwood Town Centre, Franklin Court is a collection of one, two and three-bedroom apartments and duplexes available through shared ownership

From first-time buyers to families, Franklin Court is perfect if you want to be at the heart of it all. Set around a landscaped courtyard, these stylish new homes are designed for modern living. All apartments have a lovely open plan living area, complete with a modern kitchen fitted with integrated appliances and flooring is included throughout, meaning they will be ready to move into.

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

£92,500

with min. deposit

£4,625

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