by Legal & General Affordable Homes
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1 & 2 bedroom apartments
£103,000 - £144,000 for a 40% share
(£257,500 - £360,000 Full Market Value)
Redhill RH1 6QS, Redhill, Redhill, Surrey, RH1 6QS
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JUST LAUNCHED!
Perfectly in tune with modern living
A vibrant community of contemporary Shared Ownership one and two bed apartments in Redhill, Surrey offering the perfect place to call home.
The brand-new apartments combine charming features and everyday conveniences while offering plenty of natural light and neutral décor, waiting for you to design as you wish. High speed fibre broadband access, a secure video entry system and stunning integrated appliances will make living at Albion Yard a delight.
Voted London's second-best commuter town to live in, thanks to its superb transport links, prime location moments from the Surrey Hills and M25, as well as excellent education settings, Redhill has so much to offer. With a £90-million programme of investment in the town, now is the time to get on the property ladder and enjoy life at Albion Yard.
With over 35 daily direct services to London as well as the charms of the Surrey Hills right on your doorstep, Albion Yard truly offers the best of both worlds and is the perfect place to be.
Legal & General Affordable Homes is offering a unique opportunity to purchase a new home here through Shared Ownership. Thanks to this scheme, you can own your own home with a lower deposit than is required to buy outright or with other buying schemes.
Shared Ownership Apartments at Albion Yard will be available to move into from Summer 2024.
Homes are available to purchase from a 40% share.
Financial Breakdown:
For more information please register your interest today.
WHAT IS SHARED OWNERSHIP?
Shared Ownership is a more affordable way to have the security and stability of owning your own home. Shared Ownership is a government backed part buy/part rent scheme designed to help you take that first step on the property ladder. The scheme enables buyers to purchase a share of the value of the home - this is usually between 25 to 75 percent of the value of the property - and pay a subsidised rent on the remaining portion. You have the option to buy a bigger share in the property at a later date (known as Staircasing).
ELIGIBILITY CRITERIA:
To be eligible for a home at Albion Yard, you'll need to:
If you don't meet the eligibility criteria for this development, you may still qualify for a shared ownership purchase at one of our others, so take a look at our website for more information.
Council Tax: TBC
Council tax bands are often not released until the property is complete. If you need any guidance, please get in touch with our Sales Consultants otherwise the local authority or the developer may be able to help
The following table shows examples of the share price range of this development at various share points
| Share | Lower price | Upper price |
|---|---|---|
| 40% share | £103,000 | £144,000 |
| 45% share | £115,875 | £162,000 |
| 50% share | £128,750 | £180,000 |
| 55% share | £141,625 | £198,000 |
| 60% share | £154,500 | £216,000 |
| 65% share | £167,375 | £234,000 |
| 70% share | £180,250 | £252,000 |
| 75% share | £193,125 | £270,000 |
Are we missing any purchase information? Contact the developer
Please note: Computer generated images are for illustrative purposes only. Images may include optional upgrades at additional cost. Its purpose is to give a feel for the development, not an accurate description of each property. External materials, finishes, landscaping and the position of garages (where provided), may vary throughout the development. Properties may also be built handed (mirror image). Please ask for further details.
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