2 bed Flat For Sale £116,250
Full Market Value
£465,000
Share Value(25%)
£116,250
Monthly Rent
£911
Service Charge
£256
Minimum Income
£59,250
Shared ownership
Full market value – £465,000
You pay (25%) - £116,250
Monthly rent – £910.73
Service charge - £255.52
125 year lease commenced 29/09/2015 (119 years remaining)
New guidance, from the Royal Institute of Chartered Surveyors (RICS), means that lenders should no longer require an EWS1 form for this property. However, we cannot guarantee that all Mortgage lenders, brokers and valuers are utilising the same criteria.
Ottoman Court, on the Bolingbroke Park development, is situated minutes away from Cockfosters vibrant high street that has a great selection of top restaurants and bars, and Cockfosters Tube station is close to hand.
Trent Country Park’s meadows, brooks, lakes and ancient woodlands are nearby as well as Monken Hadley Common, home to some unusual sculptures and links into the 10 mile Pymmes Brook Trail walk.
The buyer will require a deposit to obtain a mortgage for this property.
To meet the requirements for this property we require as a guideline, a minimum household income of £59,250. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.
Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of 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.
£465,000
Share Value(25%)
£116,250
Monthly Rent
£911
Service Charge
£256
Minimum Income
£59,250
Shared ownership
Full market value – £465,000
You pay (25%) - £116,250
Monthly rent – £910.73
Service charge - £255.52
125 year lease commenced 29/09/2015 (119 years remaining)
New guidance, from the Royal Institute of Chartered Surveyors (RICS), means that lenders should no longer require an EWS1 form for this property. However, we cannot guarantee that all Mortgage lenders, brokers and valuers are utilising the same criteria.
Ottoman Court, on the Bolingbroke Park development, is situated minutes away from Cockfosters vibrant high street that has a great selection of top restaurants and bars, and Cockfosters Tube station is close to hand.
Trent Country Park’s meadows, brooks, lakes and ancient woodlands are nearby as well as Monken Hadley Common, home to some unusual sculptures and links into the 10 mile Pymmes Brook Trail walk.
The buyer will require a deposit to obtain a mortgage for this property.
To meet the requirements for this property we require as a guideline, a minimum household income of £59,250. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.
Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of 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.
