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White's Way

Shared ownership

White's Way, Southampton, SO30 2JY

For sale
Shared ownership
Photo of White's Way
Live from space album cover

from

£110,500

with min. deposit

£5,525

65% Share from
£110,500
Full market price
£170,000
Minimum deposit
£5,525
Monthly rent
£118
Monthly service charge
£18.43

1 bedroom flat

  • One bedroom, first floor apartment
  • Available on Shared Ownership resale
  • Deposits starting at £5,525*
  • Minimum household income: £27,914 per annum


Your new home
Featuring an open-plan living / dining room, with a door to your private balcony. The kitchen is fitted with top and base units. The bedroom is a comfortable double with a built-in wardrobe. The bathroom benefits from a white, three-piece suite including shower over bath.

Additional information
Allocated parking is provided for one car.

Features

Balcony

Off street parking

Bedrooms1
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Number of floors1
Entrance floor1st floor
Tenureleasehold

from

£110,500

with min. deposit

£5,525

65% Share from
£110,500
Full market price
£170,000
Minimum deposit
£5,525
Monthly rent
£118
Monthly service charge
£18.43
Abri Homes

Abri Homes

Brochures

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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