Search Properties

 
Buy/Rent
Budget Filter
Status Filter
Accessible Housing
Register for property alerts

Housing Provider

Register or Sign in to view seller details

Innova Park - 1 bed house in Enfield

Velocity Way, Enfireld, London, London - North, EN3 7GH

coming soon

Pricing to be confirmed

1 Bedroom apartment available through Shared Ownership

Affordable housing scheme: resales ('part buy part rent' on 2nd hand homes)

1 bedroom apartments available through Shared Ownership with open plan living and balconies.

Accessibility Rating: 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.

Eligibility

Shared Ownership is an excellent way for people who are unable to buy on the open

market to take their first step onto the property ladder. Under the Shared Ownership scheme, you buy a share of the property’s value and pay a subsidised rent on the remaining share. A key advantage is that, as part-owner, you have a stability of tenure that renting cannot offer. Over time, you can buy more of the property until you own 100%.

You will need a small deposit at the outset – generally a minimum of 5% of your share, subject to conditions – and you will need to raise a mortgage on the rest of the sum required.

Shared Ownership

There are certain conditions to be eligible for a Shared Ownership property:

• Your annual household income must be no more than £90,000.

• You must be unable to purchase a home suitable for your needs without assistance.

• You must not have any outstanding credit issues (i.e. unsatisfied defaults or county court judgments).

• You must be a first-time buyer. If you already own a home and need to move but cannot afford to, or you have equity from a recent sale, please contact us, as there are some circumstances under which you may still be eligible.

If we think you may be eligible, you will be asked to have a free financial assessment with a Shared Ownership mortgage specialist to find out what share you can afford to buy. You will also be asked to complete an application form with the local Help to Buy agent. Sometimes you may need to be registered with your Local Authority. Specific criteriawill be detailed on the information for each property

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.

  • Fitted kitchen with oven, hob, undercounter fridge with freezer compartment
  • Washing machine
  • Open plan kitchen lounge/diner
  • Balcony
  • One allocated parking space

Please note: prices are subject to change and are to be used as a guideline

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Share to Buy Ltd is authorised and regulated by the Financial Conduct Authority. FCA register number 306800. You can find more detail on our status in our Initial Disclosure Document [109k] and Terms of Business.

For further information, contact us or write to: Share to Buy, PO Box 11998, Sudbury CO10 3BS. Registered in England and Wales no: 04909788.