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Greendale Road

Shared ownership

Loweswater Cl, Nuneaton, CV11 6EU

Sale under offernew home
Shared ownership
Photo of Greendale Road
Live from space album cover

from

£92,000

with min. deposit

£4,600

Overview

Find your new home at Greendale Road, the best of both worlds

The next release of homes at Greendale Road is Summer 2022

Charming on the outside and superbly equipped inside, the new homes at Greendale Road are built around your lifestyle including open plan living areas that are full of natural light. Kitchens are streamlined and well equipped with the latest appliances and ample workspace. Bedrooms are elegant and well proportioned while your bathroom offers a powerful shower, attractive tiling and bold, modern fittings.

Close to the edge of Nuneaton, you get the best of both worlds with great connections to Coventry, Leicester and …

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

£92,000

with min. deposit

£4,600

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