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Texryte House

Shared ownership

Islington, N1 3GN

For salenew home
Shared ownership
Photo of Texryte House
Live from space album cover
  • from

    £106,250

    1 bedroom

from

£106,250

with min. deposit

£10,625

Family Mosaic

£106,250

1 bedroom flat

Availability

For sale

Minimum share

25%

Full market price

£425,000

Deposit from

£10,625

Monthly rent

£211

Monthly service charge

£158

Bedrooms

1

Bathrooms

1

Reception rooms

1

Number of floors

1

Tenure

leasehold

Overview

The property comprises a purpose built ninth floor flat in a 12 storey block of approximately 100 flats with lift facility, built circa 8 years ago. The remaining lease on the property is 117 years.

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

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

£106,250

with min. deposit

£10,625

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