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%.

Walnut Tree Close


Wey Corner, Guildford, Guildford, GU1 4TT

Shared ownership
2 bedroom homes
30% share from
£131,400
Full price
£438,000
Minimum deposit
£6,570
Monthly rent
£639
Monthly service charge
£78

Overview

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Walnut Tree Close is a development in Guildford situated on the banks of the River Wey and is ideally located for accessing transport links to the capital.

This stunning collection of two bedroom apartments has a high-quality finish, incorporating modern design features such as open-plan living spaces and integrated kitchen appliances.

Perfectly located with convenient public transport links into the city, Walnut Tree Close is the perfect escape from city life, but close enough to enjoy all that the capital has to offer. Guildford railway station can be reached in eight-minutes’ by foot, which offers regular services to Portsmouth, Reigate, Woking, Gatwick Airport, Clapham Junction,  London Waterloo and beyond.

Key features:

·        Situated on the banks of the River Wey in the heart of a bustling market town.

·        An array of cafes, pubs, restaurants and shopping nearby.

·        Modern high gloss kitchens with integrated appliances.

·        Contemporary bathrooms with white tiling.

·        Excellent transport links with Guildford Station just an eight-minute walk away.

To book an appointment or if you have any questions, please contact Simon Kelso (Seymours Guildford and Worplesdon) as soon as possible by email simon@seymours-guildford.co.uk or call 01483 576 833

Please note:

All images displayed throughout are examples of previous Clarion developments and are not indicative of the specification at this development and may not correspond exactly to the available properties described.

These prices are to be used as a guideline only as they may change.


Local area information

Walnut Tree Close is a development in Guildford situated on the banks of the River Wey and is ideally located for accessing transport links to the capital.


Plot availability

Plot number 11
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 30%
Minimum share price £131,400
Full market price £438,000
Monthly rent £639
Monthly service charge £78
Plot number 28
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 30%
Minimum share price £132,000
Full market price £440,000
Monthly rent £642
Monthly service charge £78
Plot number 1
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 30%
Minimum share price £132,450
Full market price £441,500
Monthly rent £644
Monthly service charge £81
Plot number 45
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 30%
Minimum share price £132,900
Full market price £443,000
Monthly rent £646
Monthly service charge £78

FAQ's

Min share price from: £131,400 for a 30% share
Full price from: £438,000
Minimum deposit from: £6,570
Monthly rent from: £639
Bedrooms: 2
Bathrooms: 1

There are 4 available ranging from £131,400 for a 30% share to £132,900 for a 30% share.

It’s the same as buying on the open-market but you’re buying a share of a property, so therefore pay a mortgage on the part you own.

An independent mortgage advisor can help suggest which type of mortgage might be best for you, based on your situation.

Leasehold, which is essentially the contract for the share you've bought.

It means you've got the right to keep your home for a certain number of years (usually at least 125), but the land belongs to someone else. Your lease also sets out how much you need to pay each month, your responsibilities while living there and all the details of your agreement with the housing association. Make sure you go through it and ask lots of questions.

Your solicitor can help you with this.

It all depends on your lease (your contract with the housing association) so check it thoroughly and ask questions before you buy.

Housing Provider

Clarion
Shared ownership
2 bedroom homes
30% share from
£131,400
Full price
£438,000
Minimum deposit
£6,570
Monthly rent
£639
Monthly service charge
£78