Ockford Park, Aarons Hill, Godalming, GU7 2FW
Type A, Godalming, Ockford Park, Aarons Hill, Surrey, GU7 2FW
Shared Ownership Apartment
Plot 91/Flat 33 can be found on the ground floor, is 50.3/541ft2. This property is available with 1 allocated parking space.
Full Market Value: £300,000
Shares available from 35%: £105,000
Rent*: £447 per month
*Monthly rent is calculated at 2.75% per annum of the value of the share that you do not initially buy.
Lease length: 125 years
Council tax band 1 bed: C
Estimated Annual Service Charge: £1,272
Service Charge Review Period: Yearly
Ground Rent: £0
Eligibility for Shared Ownership
In order to be eligible to purchase a Shared Ownership house or apartment, there are several general criteria you must meet:
You must be at least 18 years’ old with a clean credit history
Your annual household income must be less than £90,000 in London, or £80,000 outside of London
You’re a first-time buyer, a previous homeowner that cannot afford to buy one now, or an existing shared homeowner
You must not be in mortgage or rent arrears, demonstrate a good credit history and be in a position to afford the regular payments
Find out what you can afford
Unsure of how much you can afford to borrow towards the purchase of a home? Use our Affordability Calculator below to receive an assessment* of how much you’re likely to be able to borrow based on your income.
*Help to Buy: Equity Loan
- London Boroughs: 40%
- Outside of London: 20%