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£93,000
One-bedroom ninth floor apartment in Newham available through Shared Ownership 30% at £93,000 full market price £310,000
You will need to be earning a guidance income of £34,320. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx £9,300.Total approximate savings required £13,300.
Important borough specific eligibility criteria - Newham
All London applicants will be considered, with priority given to Newham applicants.
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.
Viewings will be taking place: Saturday 25th April
A modern one bedroom purpose built flat, situated on the ninth floor.
Accommodation
Internal
Ground Floor
Communal Entrance and Passenger Lift
Ninth Floor
Hallway
Bedroom 1
Bathroom with Washroom
Lounge/Kitchen
External
Private Balcony
Borough
Newham
Affordability
Full Market Price: £310,000
Share Percentage: 30%
Equity Price: £93,000
We will offer you the highest share you can afford, based on your individual financial assessment.
Breakdown of Monthly Charges
NHG Monthly Leasehold Assured Rent: £147.12 (154.48 from April 1st)
NHG Monthly Admin Fee For Shared Ownership Flat: £13.50
Monthly Service Charge: £290
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