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For Sale
Badge shared ownership
£131,250 (Price)
Full market value: £375,000

Ockford Park, Aarons Hill, Godalming, GU7 2FW

Type E, Godalming, Ockford Park, Aarons Hill, Surrey, GU7 2FW

Shared Ownership Apartment

Bedrooms: 2
Furnished: No
Reception rooms: 1
New Build: Yes
Bathrooms: 2
Area: 674 sqft
Description
Ockford Park offers a selection of homes in a brand new shared ownership development set in Godalming, Surrey.

Plot 94/Flat 37 can be found on the first floor, is 62.6/674ft2 This property is available with 1 allocated parking space.

Plot 97/ Flat 45 is the same layout and can be found on the second floor. This property is available with 2 allocated parking spaces:

Full Market Value: £375,000
Shares available from 35%: £131,250
Rent*: £559 per month
*Monthly rent is calculated at 2.75% per annum of the value of the share that you do not initially buy.

Scheme Information:
Leasehold
Lease length: 125 years
Council tax band 2 bed: D
Estimated Annual Service Charge: £1,500
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%
Shared Ownership
*The affordability calculators give you an indication of affordability only. Your initial affordability assessment will need to be completed by an Independent Financial Advisor (IFA).
Register your interest

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