2 bed Flat For Sale £157,500
Full Market Value
£350,000
Share Value(45%)
£157,500
Monthly Rent
£620
Service Charge
£195
Minimum Income
£51,787
Shared ownership
Full Market Value £350,000
You Pay (45%) £ 157,500
Monthly Rent £ 620.24
Monthly Service Charge £ 194.95
Ground Rent £100.00 per annum
125 year lease commenced in September 2016 - 119 years remaining
Please note that at the current time, external wall certification (EWS1) is not available for this property.
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.
Located in the heart of Penge this second-floor apartment is ideally positioned for all local amenities, and has two mainline stations providing great access to central London, within a short walk.
Crystal Palace with its park, sports ground, bars and restaurants is also only a five-minute walk away.
Several primary and secondary schools are also located within 1 mile.
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 £51,787. 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 of September 2021.
£350,000
Share Value(45%)
£157,500
Monthly Rent
£620
Service Charge
£195
Minimum Income
£51,787
Shared ownership
Full Market Value £350,000
You Pay (45%) £ 157,500
Monthly Rent £ 620.24
Monthly Service Charge £ 194.95
Ground Rent £100.00 per annum
125 year lease commenced in September 2016 - 119 years remaining
Please note that at the current time, external wall certification (EWS1) is not available for this property.
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.
Located in the heart of Penge this second-floor apartment is ideally positioned for all local amenities, and has two mainline stations providing great access to central London, within a short walk.
Crystal Palace with its park, sports ground, bars and restaurants is also only a five-minute walk away.
Several primary and secondary schools are also located within 1 mile.
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 £51,787. 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 of September 2021.
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