Menu
Reddown Road
Reddown Road, Coulsdon, CR5 1AL
From £390,000
1 properties available
Prices from £390,000
A stunning new build development of just 9 highly specified 1, 2 & 3 bedroomed apartments within walking distance of Coulsdon High Street’ with its array of shops and restaurants, plus a stone throw away is Coulsdon south train station, making the commute in to the City easy. Located in this very sought-after road in Coulsdon, and within minutes of Coulsdon town centre All apartments have a video entry system and an excellent outside space with beautiful communal gardens. Most come with allocated parking. Offered to the market with the benefit of 40% Help to Buy. Reserving Now – Book your Viewing? Released for Sale NOW.

Reddown Road, Coulsdon, CR5 1AL

Contact us: 020 8773 2424

Request information

Register your interest in this development today for information about the development as well as updated on the development such as new house releases and any price changes. 

2 bedroom flat for sale
For Sale
£390,000
Name and Address Style Beds Bathrooms Status Price
Flat 4, Reddown Road Flat 2 1 For Sale £390,000 Full details
View available properties

Help to Buy: Equity Loan England

2 1195 s

Help to Buy: Equity Loan (2021-2023)

Help to Buy is a government scheme designed to help first time buyers who have never owned a property before to advance up the property ladder.

Who is eligible?

Help to Buy: Equity Loan (2021-2023) are available to first time buyers. The home you want to buy must be newly built with a price of up to £600,000.(see the Help to Buy site for regional caps)

How does it work?

With a Help to Buy equity loan the Government lends you up to 20% of the cost of your newly built home, so you’ll only need a 5% cash deposit and a 75% mortgage to make up the rest.

You must buy your home from a homebuilder registered for Help to Buy: Equity Loan.

The amount you pay for a home depends on where in England you buy it.

When getting a mortgage you will be able to borrow up to a maximum of 4.5 times your salary.

HTB Equity loan house infographic

Help to Buy Equity Loan example

For a property worth £400,000AmountPercentage
Cash deposit£20,0005%
Equity loan£80,00020%
Your mortgage£300,00075%

How do I pay back the Help to Buy equity loan?

You must pay back the loan after 25 years or when you sell your home - whichever comes first.

You will not be charged any interest on the 20% loan for the first five years of owning your home.

However a management fee of £1 a month will be applicable from the date of purchase for the duration of the equity loan.

From year six, a fee of 1.75% is payable on the equity loan, which rises annually by CPI (Consumer Price Index) inflation plus 2%.

For full information about the scheme, please visit helptobuy.gov.uk

Help to buy calculator

This calculator is set to show the rates for England, however if you’re buying in London there is a different rate available. Please choose from the dropdown.

Cost
Loan value

Find out if you're eligible for Help to Buy and see how we can help you. 

Book an appointment

Calculate your potential mortgage repayments

Mortgage calculator

Your payment

£?/MO
Your mortgage
Your deposit

Use the below to add in your deposit, expected interest rate and repayment period to see what your payments could be.

Book a mortgage appointment

Calculate your Stamp Duty

Cost
Stamp Duty

The Stamp Duty holiday on the first £500,000 of a property has been extended until 30th June 2021. On 1st July the threshold will lower to £250,000 until 30th September 2021 and then from 1st October 2021, the threshold will revert back to £125,000.

Reddown Road, Coulsdon, CR5 1AL

Contact us: 020 8773 2424

Request information

Register your interest in this development today for information about the development as well as updated on the development such as new house releases and any price changes.