Shared ownership at Highland Court, Nottingham, NG5 1GR

Highland Court

Highland Court, Nottingham, NG5 1GR

For sale
Shared ownership
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Full Description A two-bedroom, second-floor apartment available through Shared Ownership in Nottingham Available for £36,000 for 40% share based on the marketing figure of £90,000SO Resi Monthly Payment - £438.35Monthly Service Charge - £76.65Total Monthly Charge - £515.00 PLUS MORTGAGE REQUIRED FOR 40% SHARE Two bedroom second floor apartment in good condition available for shared ownership. This property comprises of two double bedrooms lounge and kitchen area, kitchen and remore car parking space. Property DetailsHallwayLounge/ Kitchen:7.0m x 3.0m Kitchen:4.9m x 2.3mBedroom 1: 4.3m x 2.6m Bedroom 2:4.4m ...


Off street parking

Reception rooms1
Number of floors1
Entrance floorGround floor

Register interest

from £36,000

with min. deposit £1,800

40% Share from
Full market price
Minimum deposit
Monthly rent
Monthly service charge
Annual ground rent
Reservation free
Administration free

SO Resi


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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