keaze logo

MILLERS THUMB MIL408

Shared ownership

MILLERS THUMB, Bracknell, RG12 2RZ

For sale
Shared ownership
Photo of MILLERS THUMB MIL408
Live from space album cover

from

£130,000

with min. deposit

£6,500

50% Share from
£130,000
Full market price
£260,000
Minimum deposit
£6,500
Monthly rent
£309
Monthly service charge
£88.01

2 bedroom flat

***Please quote MIL408 when enquiring.***

- Introduction - 

Tired of renting with nothing to show for it? This 2-bed home is the perfect answer to step on the property ladder. With Bracknell town just a stone’s throw away and close proximity to park lands, you’ll have an abundance of convenience right on your doorstep. Can you afford to miss out?

 

- What the owner says -

“Woodland views and adjacent to the local park. Close to shops, train station and the newly updated town centre. Plenty of storage space including a loft. Two generous sized bedrooms and a large balcony with lighting.” 

 

- Full description – 

Shared ownership is a …

Features

Off street parking

Bedrooms2
Bathrooms1
Reception rooms1
Number of floors1
Entrance floorGround floor
Tenureleasehold

from

£130,000

with min. deposit

£6,500

50% Share from
£130,000
Full market price
£260,000
Minimum deposit
£6,500
Monthly rent
£309
Monthly service charge
£88.01
Home Group Resales

Home Group Resales

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.

Similar properties

Renaissance
Shared ownership

Renaissance

new home

Nightingale Way, Reading

1 - 2

1 - 2

Minimum deposit

£5,200

40% Share from

£104,000

Full price

£260,000

Centrum
Shared ownership

Centrum

new home

Feltham

1 - 2

1

Minimum deposit

£5,200

40% Share from

£104,000

Full price

£260,000

Evolution
Shared ownership

Evolution

new home

Merrick Road, Southall

1 - 3

1

Minimum deposit

£3,250

25% Share from

£65,000

Full price

£260,000