2 bed Flat For Sale £141,000
Full Market Value
£235,000
Share Value(60%)
£141,000
Monthly Rent
£197
Service Charge
£217
Minimum Income
£35,248
Shared ownership
Full market value - £235,000
You pay (60%) - £141,000
Monthly Rent: £196.93
Service Charge: £216.87
Water: £23.20
Heating/Electric: £63.47
99 year lease commenced June 2015 - 92 years remaining
EWS1 – Please note that at the current time, external wall certification (EWS1) is not available for this property. Mortgage lenders may request this certificate before they will provide a formal mortgage offer. More information and frequently asked questions regarding this subject can be found on the lq Group website by searching “EWS1”
We are following the RICS guidance with requirement for EWS1 forms, however we cannot guarantee that all Mortgage lenders, brokers and valuers are utilising the same criteria.
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.
Primrose Hill is conveniently located to local schools, shops and transport links in and around Chelmsford and is only 0.4 miles away from Chelmsford mainline railway station.
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 £35,248. 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 at October 2021.
£235,000
Share Value(60%)
£141,000
Monthly Rent
£197
Service Charge
£217
Minimum Income
£35,248
Shared ownership
Full market value - £235,000
You pay (60%) - £141,000
Monthly Rent: £196.93
Service Charge: £216.87
Water: £23.20
Heating/Electric: £63.47
99 year lease commenced June 2015 - 92 years remaining
EWS1 – Please note that at the current time, external wall certification (EWS1) is not available for this property. Mortgage lenders may request this certificate before they will provide a formal mortgage offer. More information and frequently asked questions regarding this subject can be found on the lq Group website by searching “EWS1”
We are following the RICS guidance with requirement for EWS1 forms, however we cannot guarantee that all Mortgage lenders, brokers and valuers are utilising the same criteria.
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.
Primrose Hill is conveniently located to local schools, shops and transport links in and around Chelmsford and is only 0.4 miles away from Chelmsford mainline railway station.
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 £35,248. 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 at October 2021.
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