keaze logo

Texryte House

Islington, N1 3GN

For salenew home
Shared ownership
Photo of Texryte House
Photo of Texryte House
Photo of Texryte House
Photo of Texryte House
Photo of Texryte House
Photo of Texryte House
  • from

    £106,250

    1 bedroom

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

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

Springfield View, Acton
Shared ownership

Springfield View, Acton

new home

Atkinson Road, Acton

1 - 3

1

Minimum deposit

£5,313

25% Share from

£106,250

Full price

£425,000

SO Resi Ealing
Shared ownership

SO Resi Ealing

new home

SO Resi Ealing, London

1 - 2

1

Minimum deposit

£10,625

25% Share from

£106,250

Full price

£425,000

Somerston House (Ref GEN4)
Shared ownership

Somerston House (Ref GEN4)

24 St Pancras Way, Camden

1

1

Minimum deposit

£10,625

25% Share from

£106,250

Full price

£425,000