Shared ownership at L&Q at Glebe Meadows, Milton Keynes, MK17 8AB

L&Q at Glebe Meadows

Newport Road, Milton Keynes, MK17 8AB

For salenew home
Shared ownership
Live from space album cover

from

£310,000

2 bedroom

from

£365,000

4 bedroom

Register interest

from £106,750

with min. deposit £5,338

£108,500

2 bedroom Terraced house

Availability

For sale

Minimum share

35%

Full market price

£310,000

Deposit from

£5,425

Monthly service charge

£58

Reservation fee

£500

Bedrooms

2

Bathrooms

1

Reception rooms

1

Furniture status

unfurnished

Number of floors

2

Entrance floor

Ground floor

Tenure

leasehold

Property features

Off street parking

Overview

Launching in Spring 2021 - next phase of 2 bedroom Shared Ownership homes at L&Q at Glebe Meadows. Register your interest to be the first to hear about our launch! L&Q at Glebe Meadows will form part of a new community situated on the outskirts of Milton Keynes. This collection of 2 and 4 bedroom homes will be available exclusively through L&Q’s popular Shared Ownership scheme and will be finished to a high specification throughout. What’s more, each of these homes will come with allocated parking spaces. About the development L&Q at Glebe Meadows forms part of the wider Glebe Farm development which in the future w...

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.

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