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Heron House

Shared ownership

Catteshall Lane, Godalming, GU7 1FR

For salenew home
Shared ownership
Photo of Heron House
Live from space album cover
  • from

    £131,250

    1 bedroom

  • from

    £87,500

    2 bedroom

from

£87,500

with min. deposit

£4,375

Garrison Estates

£87,500

2 bedroom flat

£131,250

1 bedroom flat

Availability

For sale

For sale

Minimum share

25%

35%

Full market price

£350,000

£375,000

Deposit from

£4,375

£6,563

Monthly rent

£601

£558

Monthly service charge

£137.5

£179.75

Annual ground rent

£0

£0

Reservation fee

£500

£500

Bedrooms

2

1

Bathrooms

1

1

Reception rooms

1

2

Furniture status

unfurnished

unfurnished

Floor area

64

79

Number of floors

1

1

Entrance floor

2nd floor

3rd floor

Tenure

leasehold

leasehold

Lease years

999

999

Property features

BalconyCentral heatingDouble GlazingLift accessPets allowedOff street parking
Central heatingDouble GlazingLift accessPets allowedOff street parking
EER Current79100
EIR Current-100

Overview

A historic market town, located approximately four miles southwest of Guildford, Godalming was the first place in the world to have a public electricity supply and electric street lighting. Today, while it retains much of its heritage, it balances its past with a thoroughly contemporary outlook. The Borough of Waverly in which Godalming resides is Surrey's business hotspot, boasting 45 business parks and industrial estates which generate £4.9 billion each year. It's also been hailed as offering 'the highest quality of life in Great Britain'< and being number one in the 'UK prosperity index'.

Thanks to its superb connectivity and the quality …

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

£87,500

with min. deposit

£4,375

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