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Franklin Court

Brook Road, Borehamwood, WD6 5FN

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  • Upper floor flat
  • 2 bedrooms

Prices from…

Shared ownership:£100,625*
franklin-court-borehamwood-development-external-building-1

Stylish spaces in Hertfordshire

Situated in Borehamwood Town Centre, Franklin Court is an award-winning new development of one, two and three-bedroom apartments and duplexes, available now with shared ownership.

Set around a landscaped courtyard, each stylish new-build home is designed for modern living, with an eco-friendly design, open plan living spaces, and energy-efficient triple glazing.

The main shopping street is just around the corner so the essential amenities are close by, as well as plenty of parks to enjoy. Elstree and Borehamwood Station is only one mile away and connects to London St Pancras in just 25 minutes.

Key features of Franklin Court

  • Brand-new 1, 2 and 3-bedroom apartments in Borehamwood
  • Stylish high specification homes with an eco-friendly design
  • Landscaped courtyard, secure parking and bike storage
  • Private balcony or terrace on selected homes
  • Elegant kitchens with quartz worktops and Bosch appliances
  • Central location with an excellent range of local amenities
  • Easy access to local parks and the beautiful Hertfordshire countryside
  • Great commuter links – less than 30 minutes from the centre of London
  • Available with shared ownership

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See how much your monthly payments could be...

With shared ownership plans, your share can only be between 25% - 75%.

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25%75%
£
£
£
£

Years

Your estimated monthly payments could be...

£1,324

Est. mortgage charge

£532

Rental cost

£692

Service charge

£100

These prices are based on a 25 year mortgage term with a 4% mortgage interest rate. This is the same criteria which we use in our adverts. Your actual mortgage offer may be a bit different. As a guide you would be looking at around £532 a month for your mortgage repayment and £692 for your rent. This gives you a monthly cost of around £1,324. The figures are estimates and should be used for guidance only. There may be other costs you need to consider such as estate management fees, ground rent, service charges etc.

This calculator is provided for guidance only; Persona Homes does not offer mortgage advice. You will need to take advice from a suitably qualified adviser before applying for and agreeing to a mortgage. Your home may be repossessed if you do not keep up repayments on your mortgage. If you like what you see, contact us today so we can see if we can help you make your homeownership dreams a reality.

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Shared Ownership

Shared ownership is a government-backed scheme that makes it easier for you to buy an affordable stake in a property.

The share you buy is dependent on your financial and personal circumstances. It can be from a minimum of 25% to a maximum of 75% share of the full market value of the property. You may be able to buy further shares at a later stage and in most instances you will be able to buy up to 100% of the shares in your home and own it outright. However, in some cases there may be restrictions on when you can buy a further share or on the maximum total share you can own.

Further information can be found in our Shared ownership article.

Do I Qualify?

You qualify for shared ownership if you:

  • Have a household income of under £90,000

  • Don’t currently own your home and can’t afford to on the open market

  • Can afford the minimum deposit

  • Pass an affordability check to make sure you can get a mortgage


* The full market value of these homes is from £402,500 but, with shared ownership, you could purchase an initial 25% share for just £100,625 and pay a monthly rent on the remaining share. If you’re buying with a mortgage you may only need a deposit of 5% of the amount you borrow, meaning your deposit could be as low as £5,032.

Keen to find out more?

Whether you’d like to book a viewing or simply have a quick introductory chat, our helpful advisory team would love to hear from you.

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