Full Market Value
£320,000
Share Value(75%)
£240,000
Monthly Rent
£192
Service Charge
£152
Minimum Income
£54,000
Shared ownership
Full market value – £320,000
You pay (75%) - £240,000
Monthly rent – £192.42
Service charge - £151.95
130 year lease commenced in July 2015 (125 years remaining)
EWS1 certification is available for this property
Lariat Court is only a 5 minute walk from Barking high street which offers a range of shops and restaurants, plus a Lidl and Asda Superstore.
It is also positioned perfectly for those who are commuting into London, with it being only a 10 minute walk to Barking Station. Which offers an overground service, and underground trains on the District and Hammersmith & City Lines.
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 £54,000. If you are offered the apartment, 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 July 2021.