Full Market Value
£475,000
Share Value(25%)
£118,750
Monthly Rent
£342
Service Charge
£531
Minimum Income
£48,978
Shared ownership
Full Market Value – £475,000
You Pay (25%) - £118,750
Monthly Rent - £530,53
Service Charge - £341.94
Annual Ground Rent - £100.00
125 year lease commenced on 28/11/2016 (119 years remaining)
EWS1 – 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.
Situated within a short walk of the flourishing Muswell Hill Broadway, this apartment is within easy access to East Finchley and Highgate Northern Line stations and Bounds Green for the Piccadilly Line, whilst extensive Bus routes provide access to Friern Barnet, Finsbury Park, Brent Cross and the City and amenities within short walking distance
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 £48,978. 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 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 as at May 2022.