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Stonelea Gardens SO

Shared ownership

Waltham Forest, Waltham Abbey

Soldnew home
Shared ownership
Live from space album cover
Sold out. Register interest for more information
30% Share from
£186,000
Full market price
£620,000
Minimum deposit
£18,600
Monthly rent
£995
Monthly service charge
£63

3 bedroom house

Stonelea Gardens

Live Life In Harmony | All reserved

Stonelea Gardens is a stylish new collection of modern apartments and three and four-bedroom houses, set in vibrant Leyton, East London. All apartments have private outdoor space, whilst the houses feature gardens, with some offering rooftop patios and larger properties benefitting from on-site parking. There are a select number of 2 bedroom wheelchair adaptable homes available with parking.

Houses - all reserved

All prices are a 30% share of the full market value. Affordability & eligibility criteria apply. Images are for indicative purposes only.

Features

Bedrooms3
Bathrooms2
Reception rooms1
Furniture statusunfurnished
Number of floors1
Entrance floorGround floor
Tenureleasehold
Sold out. Register interest for more information
30% Share from
£186,000
Full market price
£620,000
Minimum deposit
£18,600
Monthly rent
£995
Monthly service charge
£63
Peabody

Peabody

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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