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HEYLO Lukes Road

Shared ownership

St. Lukes Road, Birmingham, B5 7FN

For sale
Shared ownership
Photo of HEYLO Lukes Road
Live from space album cover

from

TBD

with min. deposit

TBD

50% Share from
£97,750
Full market price
£195,500
Minimum deposit
£4,888
Monthly rent
£270.08
Monthly service charge
£142.65
Annual ground rent
£0

1 bedroom flat

Features

Bedrooms1
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Number of floors1
Entrance floor4th floor
Tenureleasehold
Lease years996

from

TBD

with min. deposit

TBD

50% Share from
£97,750
Full market price
£195,500
Minimum deposit
£4,888
Monthly rent
£270.08
Monthly service charge
£142.65
Annual ground rent
£0
SOWN Shared Ownership

SOWN Shared 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

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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