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£158,000
You will need to be earning a guidance income of £58,782. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £15,800. Total approximate savings required £19,800.
Important borough specific eligibility criteria
Borough of Tower Hamlets
All London applicants will be considered. However, those living and working in the borough of Tower Hamlets will be given priority
Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.
If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.
BRIEF OVERVIEW
Fifth floor flat with1 bedroom in the London borough of Tower Hamlets for £395,000 at a 40% share price of £158,000 available through Shared Ownership.
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SPECIFICATION
Ground floor
Communal entrance, bicycle store, access to lifts and stairwell
Fifth Floor
Hallway, bathroom,1 bedroom, kitchen and living room.
GIA
51 sqm.
Length of lease
TBC
Borough
Tower Hamlets
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Parking
No
Pets allowed
No
Number of bathhrooms
1
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AFFORDABILITY
Full Market Price: £395000
Share Percentage: 40%
Equity Price: £158,000
Minimum Income: £
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Monthly Fees
Monthly Rent: £610.02
Service Charge: £181.25
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