1 bedroom apartment for sale
Available
93 Dorchester Court, GU15 3JJ
£85,500 · Shared Ownership Resale

Share percentage 45%, full price £190,000, £4,275 Min Deposit.

Available
1 bedroom
Floor plan
floor-plan
Floor plan
floor-plan
£85,500 Shared Ownership Resale · Eligibility Eligibility

Share percentage 45%, full price £190,000, £4,275 Min Deposit.

Monthly Cost: £1,115
Rent £588, Service charge £101, Mortgage £426*

Calculated using a representative rate of 3.94%

Calculate estimated monthly costs

£
Eligibility

To qualify for the shared ownership scheme you should meet the following criteria:

• your household income is less than £80,000 a year (or less than £90,000 a year in London).

• you don’t already own a home i.e. you should generally be a first time buyer. If you do already own a home you must be in the process of selling it.

• you have no outstanding credit issues (i.e. CCJ’s, defaults). Please note that some homes may also have additional criteria.

• you are not able to afford to buy a home suitable for your housing needs on the open market.

We would need you to complete an affordability assessment, to complete the initial assessment, you can contact Metro Finance on 0114 270 1444 or Expert Financial on 01480 718719. Alternatively we are happy to refer your details to our advisors directly.

We will also need you to register with the new Help to Buy Agent (as of the 2nd January), which can be done online at www.helptobuyagent3.org.uk to confirm your eligibility for the scheme in this area. Please be aware that if you are an existing home owner, you will need their approval to buy a home at the same time as selling your existing home as you would not ordinarily qualify for the scheme. We do also require that you have a sale agreed.

Summary

A 45% share in this one bedroom third floor flat is available to purchase.

Description

We are pleased to offer to the market a 45% share in this one bedroom well presented third floor flat.

The property comprises:- Entrance hallway, open plan kitchen/diner and living room, main bedroom and family bathroom.

Externally there is an allocated parking space and communal gardens.

Key Features

Third Floor Flat

Open plan Kitchen/Diner/Lounge

One double bedroom

Family Bathroom

Allocated parking

Communal gardens

45% available

Property Downloads
Floor Plan
Map
Hook (9.81 miles) Heathrow Terminal 4 (15.71 miles) Cobham & Stoke D'Abernon (15.81 miles)
Monthly Cost Calculator

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together, rent, service charge and mortgage.

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  • Rent: this is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes)
  • Service Charge: covers maintenance costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.

NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.

£85,500
Shared Ownership Resale
Estimated Monthly Cost:£1,115
Rent £588
Service Charge £101
Mortgage £426

Share percentage 45%, full price £190,000, £4,275 Min Deposit. Calculated using a representative rate of 3.94%


Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.