Elmgrove Road, Harrow, HA1 2TE
with min. deposit
1 bedroom flat
The Elms, Elmgrove Road, Harrow, HA1 2TE is now available!
- 1 Bed prices from £86,875 (based on a 25% share of the full market value of £347,500)
- 2 Bed prices start from £118,125 (based on a 25% share of the full market value of £472,500)
The Elms is an exciting new development offering a variety of one and two bedroom Shared Ownership homes for individuals, couples and young families. Residing in the heart of Harrow, you are perfectly situated for accessing Central London, neighbouring Wembley and the historic Harrow on the Hill or simply sampling the delights that Harrow has to offer.
The flats feature a whole host of conveniences …
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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