Lyndhurst, Borehamwood - New Property Development

Full description
Lyndhurst

Only 2 1 Bed Apartments Remaining
Cashback**

1 Bed Apartments represents a 50% share of property with full market value of £240,000

Introducing Phase 2 of this popular development, Lyndhurst has 12 one bedroom apartments available in this picturesque location. In idyllic landscaped surroundings overlooking river and parkland, Queens Court is designed for the young professional making their own way.

This lively modern town lies immediately to the north of Greater London and five miles east of Watford.

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Local Area
Borehamwood is located just north of London in Hertfordshire. It is easily accessible via the M1, A1(M) and the M25. From the town, it is only a one hour drive to Cambridge and Oxford. In addition, the excellent rail service into London on the Thameslink line to Kings Cross provides access to the city in 22 minutes.

Originally a small rural hamlet, Borehamwood has been called the British Hollywood and the film industry has certainly played a leading role in the development of the town, providing employment and laying the foundations for economic growth. The nearby Elstree film studios continue to attract major movie talent.

Today the town centre provides local shopping facilities for residents of the town itself and the surrounding villages as well as jobs in light industry, offices and shops. Aldenham Country Park, a 65-acre reservoir with a circular footpath and 175 acres of woods and meadowland is nearby.

Eligibility
Lyndhurst is now open to all first-time buyers, on a part-buy, part-rent basis.

Previously known as shared ownership, New Build HomeBuy provides an affordable route into home ownership.

Homes at Lyndhurst can be purchased through New Build HomeBuy, which allows you to buy a share in the property and pay a subsidised rent on the share that you do not own.
Shares at Lyndhurst can be purchased for a percentage of the full market price, depending on how much you can afford.*
Once you have purchased your home, you can buy additional shares (minimum 10%) as and when you can afford to, until you own up to 100% of your home. The more shares that you own in your home, the less rent you will have to pay.

You are required to:
have British citizenship or Indefinite Leave to Remain
be purchasing this home as your first
be unable to purchase a home on the open market, and
have savings of around £ 3,500
*Additional shares are bought based on current market valuations.

http://www.genesishomes.org.uk/details.php?property=94

**If you exchange within 4 weeks of receiving an offer letter

-Only 2 1 Bed Apartments Remaining

-£500 Cashback**,