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Kings Oak Park - Shared Ownership

Shared ownership

Ulcombe Road, Maidstone, TN27 9LD

For salenew home
Shared ownership
Photo of Kings Oak Park - Shared Ownership
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from

TBD

with min. deposit

TBD

Overview

Our Sales Office is now open for viewings by appointment only. Opening hours 7 days a week, 10am - 5pm. Please contact us to arrange a time which is convenient for you. Please visit our website www.orbithomes.org.uk to find out more about the procedures we are following to ensure the safety of our customers and teams

Introducing Kings Oak Park, an exclusive development of elegantly appointed homes, located right in the heart of the Kent countryside. You’ll discover a wealth of choice and options to suit all your needs and budgets, with two, three or four bedroom houses and two bedroom bungalows. Every home enjoys the charm of traditionally …

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

TBD

with min. deposit

TBD

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