Monteagle Way, London, E5 8PH
1 bedroom flat
We offer for sale under the shared ownership scheme this well presented one bed flat located on the second floor within the purpose-built block. The property comprises of an impressive reception room leading to enclosed kitchen area, double bedroom and fully fitted bathroom, all of which have been finished to a good standard. There is gas central heating and double glazing throughout the property with exceptionally light and airy interiors. The property also benefits from an additional storage room located in the hallway.
Monteagle Way is a quiet residential street only a short walk from the many shops, restaurants and pubs of Stoke …
|Number of floors||1|
|Entrance floor||2nd floor|
with min. deposit
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