Share Price £102,000 (from 40% Min. Share)

Full Value £255,000 | £10,200 Min. Deposit

Scheme: Shared Ownership Resales

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1 bedroom apartment in Hounslow

place Maple Leaf Court, 62 Bell Road, TW3 3PB

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Ground floor, one bedroom home with a small rear garden and access to a communal garden in Hounslow


Eligibility

You will need to be earning a guidance income of £36,165. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £10,200. Total approximate savings required £14,200.

Important borough specific eligibility criteria
Hounslow

(There is a 4 week nomination period offering to applicants with a connection to Hounslow only, then a further 3week period to advertise to the West London Sub Region – (Brent, Ealing, H&F, Harrow, Hillingdon, RBK&C). On the 7th week they will open up PAN London)

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.


Description

Ground floor
Hallway
Living room with open plan kitchen
Bedroom
Bathroom

External
Small Rear Garden
Communal Garden

GIA
56 sq m

Accessibility rating
E

EPC rating
C

Length of lease
86

Borough
Hounslow


Key Features

•Small Rear Garden
•Communal Garden


Download Documents

Energy Certificate

Accessibility

E+ – Minimal Steps

No published access design guidance. Properties that do not meet any accessibly housing design guidance and have a limited number of steps to enter the property. Properties in this category will have no more than four steps to access the front door and are likely to be ground floor properties or properties in a block with a lift and a small number of communal or property front door steps.


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Calculate Monthly Cost

Share price
£ 102,000
Min. £102,000
Share percentage
Min. 40%
Your deposit
Min. £10,200
Monthly cost*
£872
Cost breakdown
£410
Rent
£78
Service charge
£384
Mortgage*
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Location

Disclaimer

The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • Rent: this is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes)
  • Service Charge: covers maintenance costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.


NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.