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£87,500
VIEWING DAY - 17 JANUARY. New release. Integrated appliances, private balcony & en-suite master bedroom with fitted wardrobe. Residents' amenities including gym, conc...
You can apply to buy the home if all of the following apply:
- your household income is £90,000 or less
- you cannot afford all of the deposit and mortgage payments to buy a home that meets your needs
One of the following must also be true:
- you're a first-time buyer
- you used to own a home but cannot afford to buy one now
- you're forming a new household - for example, after a relationship breakdown
- you're an existing shared owner, and you want to move
- you own a home and want to move but cannot afford to buy a new home for your needs
If you own a home, you must have completed the sale of the home on or before the date you complete your shared ownership purchase.
As part of your application, your finances and credit history will be assessed to ensure that you can afford and sustain the rental and mortgage payments.
Join us on Saturday 17 January for our Viewing Day. Visit lqhomes.com/barkingriverside to book your spot!
Reserve a selected Shared Ownership home between 2nd - 31st January and receive £1,500 towards your buying costs plus £500 One4All voucher*
Leonard House - Plot 1352 bedroom, 2 bathroom 1st floor apartment. Open plan living space, private balcony. Integrated appliances and flooring included. New amenities include residents' gym, co-working space hub and concierge service with post room. Short walk to Barking Riverside station for Suffragette line services to central London, and Uber Boat by Thames Clippers operating daily from Barking Riverside Pier. EL1, EL2 and EL3 24-hour bus through through the development.
- Full Market Value: £350,000
- Shared Value (25%): £87,500
- Minimum deposit: £4,375
- Required income: £53,713
- Rent PCM: £602
- Service Charge PCM: £316.04
- Council tax band: TBC
Barking Riverside SO
A landmark development for London along the banks of the River Thames. Barking Riverside is a joint venture between L&Q and The Mayor of London, and is one of Europe's largest brownfield developments, covering an impressive 443 acres, alongside 2km of beautiful south-facing River Thames frontage.
Fielders Quarter at Barking Riverside offers a collection of Shared Ownership homes with modern interiors. Residents can stay active and healthy with the convenience of an on-site gym, ensuring fitness is easily incorporated into daily routines. The presence of a dedicated concierge service adds a touch of luxury, providing assistance and enhancing the overall living experience. Additionally, the inclusion of a collaborative working space within the block speaks to the development's commitment to fostering a dynamic community.
Barking Riverside embodies a contemporary lifestyle, making it an ideal choice for those seeking a modern and well-rounded living experience. With the Riverside Campus School recently awarded "Outstanding" rating also within the development, the neighbourhood is the perfect family-friendly environment for your new home.
BOOK YOUR VIEWING TODAY!
What is Shared Ownership?
Under the Shared Ownership scheme you part-own and part-rent your home, making it
possible for first-time buyers and families to get on the property ladder. The minimum share you can purchase is 25% and the maximum is 75%. You will usually pay a mortgage on the part you own and a subsidised rent on the part you don't own. Over time, you can increase the share you own until you eventually own 100%.
L&Q terms and conditions apply. *Incentive terms and conditions apply. Offer is available on selected Shared Ownership properties only. Incentive amount is based on the property type and development. For full terms and conditions visit lqhomes.com/terms-and-conditions/. Shared Ownership terms and conditions apply. Prices start from £66,875 for a 25% share of a 1 bedroom apartment at L&Q at Barking Riverside. Full market value of £267,500. Please visit lqhomes.com/sharedownership for more information.
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