Share Price £262,500 (from 50% Min. Share)
Full Value £525,000 | £13,125 Min. Deposit
Scheme: Shared Ownership ResalesUnder offer
3 bedroom house in Enfield
place North Circular ROad, Palmers Green, N13 5EQ
Three-bedroom terrace house
There are some general eligibility requirements that anyone wishing to buy a Shared Ownership home must meet.The general eligibility criteria for Shared Ownership is as follows:
You must be at least 18 years old
Outside of London your annual household income must be less than £80,000
In London your annual household income must be less than £90,000
You should generally be a first time buyer, i.e. you don’t already own a home. If you do already own, you must be in the process of selling it
You should not be able to afford to buy a home suitable for your housing needs on the open market
You must show you are not in mortgage or rent arrears
You must be able to demonstrate that you have a good credit history (no bad debts or County Court Judgements) and can afford the regular payments and costs involved in buying a home
You should have savings or to be able to easily access at least £4,000 to cover the costs of buying a home. This is a guideline figure – the actual amount you need will depend on the Help to Buy option you choose
In most cases you will also need to have enough savings or be able to easily access a minimum 5-10% of the equity share you are buying, as a deposit.
1930s built house offering over 91 sq m of living space.
The property is located on a slip road of the North Circular Road and has great road links via the A10 and A406.
Spacious family home comprising two reception rooms, kitchen, three bedrooms family bathroom and wc. Benefitting full gas central heating system and double glazed windows.
Ground Floor: Hallway. Kitchen. Two Reception rooms.
First Floor: Landing. Three Bedrooms. Bathroom. Separate WC.
Externally: Garage, Front and rear gardens.
F – General Needs
General needs housing does not meet any of the above criteria. Properties in this category will have more than four steps or a ramp access that is steeper than 1:10 to access the property front door. These properties should be marketed with the number of steps to access the property as this will provide an additional factor for helping people choosing what to bid for.