1 bed Flat For Sale £95,000
Fox Lane, London, N13

If you aspire to own a home, but the current property prices exceed your budget, shared ownership offers an accessible way to step onto the property ladder. Shared Ownership allows you to buy a percentage of a property, paying a mortgage on the share you own and rent to a housing association on the remainder.

We are delighted to present an exciting chance for you to own a luxurious flat in the heart of Palmers Green at One Fox Lane. Prices for one-bedroom apartments start from £95,000 for a 25% share (total value £380,000). Two-bedroom apartments range from £490,000 to £520,000, with a shared 25% ownership starting from £122,500.

The key features of shared ownership include:

- You become a genuine financial stakeholder in your home, not just a renter with no returns.
- The property is entirely yours, allowing you to decorate and furnish it according to your preferences, and you won't share it with anyone else.
- You purchase a portion of the property that fits your budget and pay a reasonable monthly fee for the remaining share you haven't bought.
- The monthly costs are comparable to renting a similar property on the open market.
- The deposit required is lower as it's based on the share you buy, not the property's full value.
- When you decide to move on, you can sell your share to a buyer at the current market value or choose to purchase more shares until you own the entire property.

Enquires on shared ownership properties will be passed onto a third party.