Full Market Value
£425,000
Share Value(30%)
£127,500
Monthly Rent
£824
Service Charge
£165
Minimum Income
£54,278
Shared ownership
Full Market Value £425,000
You Pay (30%) £127,500
Monthly Rent £824.31
Monthly Service Charge £164.70
125 year lease commenced in April 2007 - 111 years remaining
Secure underground parking spaces available to rent
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.
The Grand Union Place development is adjacent to the Grand Union Canal, Mile End Park and within easy reach of Victoria Park, offering the opportunity to live in an area that has excellent access to a wide array of shops, bars and restaurants.
The buyer will require a deposit to obtain a mortgage for this property.
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. Plerase visit our website to register.
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 June 2021.