FIRST-time buyers looking to purchase a shared ownership property will have the chance to tread the red carpet when they view the stylish new homes available for shared ownership at Studio Plaza on Saturday, July 21.
Hightown Homes is holding the open day at 1 Holden Court, Studio Way in Borehamwood on July 21 between 10am and 2pm. Potential buyers will also be able to speak to an independent mortgage advisor who will offer advice and answer any questions.
To get your first step on the housing ladder at Studio Plaza, a 50 per cent share in a one-bedroom apartment starts from just £81,250, and a two-bedroom apartment starts from £95,000. Similarly a 50 per cent share in a two-bedroom house starts from £122,500, or in a three-bedroom house from £140,000.
Shared Ownership is an alternative to renting a home or buying a property outright. It helps people who want to buy a home of their own but cannot afford to do so. Through Shared Ownership it is possible to buy a share in a property (50 per cent) and pay rent on the remaining share. The total costs of rent and mortgage payments will be lower than the cost of buying the same home outright. In the future you have the option to buy additional shares.
Studio Plaza is a stylish new development offering one-, two- and three-bedroom homes on the former site of the MGM film studios, just a short way from Borehamwood town centre – the addresses on the new development, such as Hitchcock Court and Korda Close, serve as a reminder of its cultural heritage.
If you would like to take your place on the red carpet and view these new homes please contact Hightown Homes on 01442 292381 to book an appointment.