Shared ownership
Full Market Value: £290,000
You pay (35%): £101,500
Monthly Rent: £487.24
Service Charge: £185.11
Ground Rent: £200 per annum
Council Tax Band: C
99 year lease commenced 01 January 2008 - 85 years remaining
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 ideally situated moments from the heart of Stratford, with Westfield Shopping Centre a short walk away. Both Stratford International Station and Stratford Underground Station are within easy reach.
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 £39,596. 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 August 2022.