Full Market Value
£445,000
Share Value(25%)
£111,250
Monthly Rent
£652
Service Charge
£206
Minimum Income
£47,506
Shared ownership
Full market value – £445,000
You pay (25%) - £111,250
Monthly rent – £652.02
Service charge - £205.79
Ground Rent - £nil
99 year lease commenced in January 2013 (91 years remaining).
The buyer will require a deposit to obtain a mortgage for this property.
This home is available to anyone that is affordable, meets the minimum household income requirement of £47,506 and is able to raise a shared ownership mortgage. If you are affordable to buy more shares and have the deposit required by a mortgage lender to do this, you may only be able to proceed with the purchase subject to doing this.
Only applicants who are registered with London and Quadrant will be eligible to be offered the property for our schemes. If you are not registered please visit our website and register to obtain your unique reference number.
Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.
These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as at May 2021.