Shared ownership at The Lanes, Harrogate, HG5 0QF

The Lanes

Garten Close, Knaresborough, HG5 0QF

For salenew home
Shared ownership
Live from space album cover

from

£315,000

3 bedroom

Register interest

from £94,500

with min. deposit £4,725

£94,500

3 bedroom Semi-detached house

Availability

For sale

Minimum share

30%

Full market price

£315,000

Deposit from

£4,725

Monthly service charge

£26.85

Annual ground rent

£0

Reservation fee

£99

Administration fee

£0

Bedrooms

3

Bathrooms

1

Reception rooms

1

Furniture status

unfurnished

Floor area

92

Number of floors

1

Entrance floor

Ground floor

Tenure

leasehold

Lease years

125

Property features

Central heatingDouble GlazingDrivewayEnclosed GardenOff street parkingPets allowedRear GardenWheelchair accessible

EER Current

84

EIR Current

86

Overview

Sweeping countryside on the doorstep and a busy market town within easy reach, convenient travel connections and popular cities close by - a brand new home and a whole new beginning awaits. A bustling town with a strong sense of community, Knaresborough offers everything you need for daily life – from a variety of shops to good schools and lots of options for entertainment.

Key features

  • Plot 28 The Lanes is the last available home

  • Idealic rural location

  • Two car parking spaces*

  • Great travel connections

  • 20-minute drive to Harrogate

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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