Coppetts Road, N10 1JN

FINAL 2 REMAINING HOMES AT THE FOLIUM!

Reserve one of the stunning homes at The Folium this January and get up to £5,200 towards your deposit.*

Viewings by appointment only.

Plot 31 - The Cuckoo

Shared Ownership Cost Breakdown - 25% Share
* Full market value = £417,500
* 25% share price = £104,375
* Rent = £718pcm (charged at 2.75% of the unsold equity)
* Estimated service charge = £213pcm

Shared Ownership Cost Breakdown - 40% Share
* Full market value = £417,500
* 40% share price = £167,000
* Rent = £574pcm (charged at 2.75% of the unsold equity)
* Estimated service charge = £213pm

Shared Ownership Cost Breakdown - 75% Share
* Full market value = £417,500
* 75% share price = £313,125
* Rent = £239pcm (charged at 2.75% of the unsold equity)
* Estimated service charge = £213pcm

How does Shared Ownership work?

Shared Ownership is a Government-backed scheme for first-time buyers who are unable to afford a suitable home at the full market price.

You initially purchase between 25-75% of the home's market value. You then pay subsidised rent on the remainder calculated at 2.75% per annum.

Am I eligible?

To be considered eligible for the Shared Ownership scheme your yearly income must be below £80,000. For London the limit is £90,000.

Those who already own a home are not eligible for the scheme. You would need to sell your current home to be considered

Will I need to pay a deposit?

In terms of a deposit you will need 5% of the percentage of the home you're purchasing.

Welcome to The Folium, a superb collection of one, two and three bedroom apartments available through Shared Ownership. These exceptional new homes are located in the green surroundings of Coppetts Wood.

The development creates a new, sustainable, residential community in leafy surroundings with two distinct areas. These comprise of an attractive street front with traditional front gardens and an internal courtyard, complete with a play garden for the kids. It also features generous tree planting throughout to complement the lush greenery of nearby Coppetts Wood and enhance the neighbourly character.

Muswell Hill offers vibrant metropolitan living with fabulous views of the centre of London. There's a wide choice of arty cafés, restaurants and bars, and plenty of green spaces including Highgate Woods, Queen's Wood and Hampstead Heath. The development is also located near the iconic North London venue, Alexandra Palace.

The Folium possesses strong connections to Haringey and the city via the Northern, Piccadilly and Victoria underground lines as well as bus links. The overground and National Rail stations are close by including Alexandra Palace station and New Southgate station. Kings Cross can be reached in 20 minutes from Alexandra Palace station while Moorgate is just 24 minutes from New Southgate station.

These apartments are offered on the Shared Ownership scheme, making them ideal and affordable for first time buyers.

Financials
Length of lease: 125 years
Annual service charge: £2700
Service charge review period: Yearly
Council tax band: (E £2297.44, F £2715.15, G £3132.87, H 3759.44)

As a shared owner, you’ll pay rent for the percentage of the property that you don’t yet own. Every year, we calculate your new rent and will write to you to confirm what your new rent will be. Depending on your new home, you’ll also pay a service charge. This covers a proportion of the cost for the services, management and maintenance of the your building and development where you live. Your lease will detail what’s down to you in terms of repairing and maintaining your home. To find out more visit https://www.chg.org.uk/your-home/shared-ownership/living-in-your-shared-home/ and speak to our sales team.

CGI's indicative only