2 bed Flat For Sale £132,000
Full Market Value
£440,000
Share Value(30%)
£132,000
Monthly Rent
£818
Service Charge
£162
Minimum Income
£54,522
Shared ownership
Full market value – £440,000
You pay (30%) - £132,000
Monthly rent – £817.85
Service charge - £162.22
Ground Rent - £350 pa
125 year lease commenced 01/04/2007 (111 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.
Mercer Court is only a half a mile from Mile End and Stepney Green Underground stations and Mile End Park and the Regents Canal are at the end of the Road.
Nearby stations Stepney Green (0.7 miles), Mile End (0.7 miles) and Limehouse (0.6 miles) provide easy access to the City, West End, and Canary Wharf (Central, District, Hammersmith & City lines, and the DLR). Many bus routes (including 25,205,15,135) are also a short walk away.
You 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 £54,522. 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. To register, please visit our website -
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. Details believed to be correct as at June 2021.
£440,000
Share Value(30%)
£132,000
Monthly Rent
£818
Service Charge
£162
Minimum Income
£54,522
Shared ownership
Full market value – £440,000
You pay (30%) - £132,000
Monthly rent – £817.85
Service charge - £162.22
Ground Rent - £350 pa
125 year lease commenced 01/04/2007 (111 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.
Mercer Court is only a half a mile from Mile End and Stepney Green Underground stations and Mile End Park and the Regents Canal are at the end of the Road.
Nearby stations Stepney Green (0.7 miles), Mile End (0.7 miles) and Limehouse (0.6 miles) provide easy access to the City, West End, and Canary Wharf (Central, District, Hammersmith & City lines, and the DLR). Many bus routes (including 25,205,15,135) are also a short walk away.
You 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 £54,522. 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. To register, please visit our website -
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. Details believed to be correct as at June 2021.
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