Full Market Value
£625,000
Share Value(25%)
£156,250
Monthly Rent
£429
Service Charge
£416
Minimum Income
£52,667
Shared ownership
Full Market Value: £ 625,000
Share Value (25%): £156,250
Monthly Rent: £428.84
Service Charge: £415.51
99 year lease commenced December 2005 - 83 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.
The property is enviably located within easy access of London Victoria Rail station, as well as numerous regular bus routes, all providing unrivalled cross-London links. The area is well served by an array of shops, cafes, bars and restaurants within a short distance, as well as an array of leisure facilities and fine dining of Pimlico and Belgravia.
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 £52,681. 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.