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The Bridleways - Dere Street Homes

Shared ownership

Birch Tree Grove, Langley Park, Durham, DH7 9BZ

For salenew home
Shared ownership
Photo of The Bridleways - Dere Street Homes
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  • from

    £105,000

    2 bedroom

from

£105,000

with min. deposit

£5,250

Heylo Housing

£105,000

2 bedroom house

Availability

For sale

Minimum share

50%

Full market price

£210,000

Deposit from

£5,250

Monthly rent

£240.63

Bedrooms

2

Bathrooms

1

Reception rooms

1

Furniture status

unfurnished

Number of floors

1

Entrance floor

Ground floor

Tenure

leasehold

Property features

Front GardenRear GardenOn street/resident parking

Overview

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

£105,000

with min. deposit

£5,250

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