Shared ownership is another way to buy your own home. You buy a percentage, and pay rent on the rest. The housing association owns part of it — but you’re living there, you decorate it, and you decide when to sell.

Buying a percentage means a smaller deposit and smaller mortgage. It’s a sooner first step on the ladder for lots of people. Usually, you can also carry on buying shares, to own it 100%.

Read more about Shared ownership (Opens in new window)

Medlar Court, 2 bed homes


Baker Crescent, Dartford, Dartford, DA1 2PE

Shared ownership

Starting prices

25% share from
£57,500
Full price
£230,000
Minimum deposit
£5,750
Monthly rent
£375
Monthly service charge
£81

Overview

The property comprises of a communal entrance with phone entry system, private entrance, hallway, two large storage cupboards in the hallway, plus large airing cupboard with heater, open plan living/dining room area leading out to balcony, fitted kitchen with inbuilt oven and hob, two bedrooms, family bathroom with shower over bath. The property also benefits from allocated parking and off-street parking spaces are available.

 Length of Lease: Approx. 111 Years

 Gross Internal Area: TBC

 Financial Information:

 Full Market Value: £230,000

 25% Share: £57,500

 Deposit: £5,750

 Monthly Rent: £374.85

 Monthly service Charge: £80.50

 Household Income: £25,000

 Mortgage: £288.00*

 


Local area information

 • Convenient and popular area of Dartford

  

 • The popular Bluewater Shopping Centre is a 15-minute drive from the apartment and offers a wide variety of shops, restaurants and entertain­ment

  

 • Easy access to the M25, providing a direct route to the motorway network

  

 • Dartford Train Station is located 0.7 miles from the apartment and offers direct services to; Lon­don Charing Cross via Bexleyheath & Sidcup, Lon­don Cannon Street via Greenwich, Gravesend and Gillingham.

 


Housing Provider

Hyde New Homes
Shared ownership

Starting prices

25% share from
£57,500
Full price
£230,000
Minimum deposit
£5,750
Monthly rent
£375
Monthly service charge
£81