Waterloo Court

Waterloo Court

Mayfield Road, Walton on Thames, KT12 5AD

For sale
Shared ownership
Live from space album cover

Overview

A modern second floor flat in a convenient residential development available through our Shared Ownership Scheme. The accommodation comprises of entrance hall, bathroom with WC, bedroom and open plan kitchen/reception room. Outside there are well kept communal grounds and areas, including bin and bike stores. The property also benefits from  double glazing and gas fired central heating.  Full Description Available for £150,000 for 60 % share based on a market value of £250,000 SO Resi Monthly Payment - £238.56Monthly Service Charge - £117.60Total Monthly Charge - £356.16 PLUS MORTGAGE REQ...

Features

Bedrooms1
Bathrooms1
Reception rooms1
Number of floors1
Entrance floorGround floor
Tenureleasehold

Register interest

from £150,000

with min. deposit £7,500

60% Share from
£150,000
Full market price
£250,000
Minimum deposit
£7,500
Monthly rent
TBD
Monthly service charge
£117.6
Annual ground rent
TBD
Reservation free
TBD
Administration free
TBD

SO Resi

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

Wooldridge Close - NH280
Shared ownership
Wooldridge Close, London
2
1
Minimum deposit£6,250
25% Share from£62,500
Full price£250,000
Whitehill Place
Shared ownership
Whitehill Place, Saffron Walden
1
1
Minimum deposit£8,750
70% Share from£175,000
Full price£250,000
Paragon Ref : NHG39
Shared ownership
Boston Park Road, London
1
1
Minimum deposit£10,000
40% Share from£100,000
Full price£250,000