1 bed Flat For Sale £68,100
Full Market Value
£227,000
Share Value(30%)
£68,100
Monthly Rent
£216
Service Charge
£186
Minimum Income
£25,662
Shared ownership
Full market value – £227,000
You pay (30%) - £68,100
Monthly rent – £216.45
Monthly Service charge - £185.80
Ground rent - N/A
189 year lease commenced April 1993 - 160 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.
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 £25,662 and be able to raise a shared ownership mortgage. Applicants are expected to buy a share they can afford and sustain.
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 at August 2021.
£227,000
Share Value(30%)
£68,100
Monthly Rent
£216
Service Charge
£186
Minimum Income
£25,662
Shared ownership
Full market value – £227,000
You pay (30%) - £68,100
Monthly rent – £216.45
Monthly Service charge - £185.80
Ground rent - N/A
189 year lease commenced April 1993 - 160 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.
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 £25,662 and be able to raise a shared ownership mortgage. Applicants are expected to buy a share they can afford and sustain.
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 at August 2021.
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