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1 bed apartment in Lambeth

5 Singer Mews, London, SW4 6AX

Available Now

Full price £430,000 / minimum share £193,500 (45%)

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Viewing Saturday 6 January. Call 0203 815 1234 to book your appointment.

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

Budget calculator

Estimated total monthly cost£1,405

(includes: rent£526,

service charge£124,

estimated mortgage£754)

One bedroom, fourth floor flat in the London Borough of Lambeth, available to buy through Shared Ownership. Full market value £430,000 45% share available, share price £193,500.

Monthly fees
Mortgage**: £1,028.67
NHHO Monthly Rent: £525.51 
NHHO Service Charge*: £103.41
NHHO Ground Rent : £20.83
Council Tax: £98

Estimated Total (per month): £1,678.42 excluding council tax

*Service Charge payable to Notting Hill Housing Trust
**Estimate: The monthly mortgage is based on an interest rate of 4.99 % with a capital and interest repayment over 25 years. It is based on a 90% mortgage The rent may increase each year, the increase calculation will be specified in the lease.

Accessibility Rating: A - Wheelchair Accessible Throughout

Meets the design standards from the Wheelchair Housing Design Guide which superseded the Housing Corporation wheelchair design standards. These properties have been designed to meet latest wheelchair accessible housing design standards, offering extra space and full access to all rooms and facilities. This standard provides more space than previous wheelchair housing design guidance and also ensures that all rooms are accessibly. In view of the high density of new build housing stock in London, the parking features have been excluded from this category. This will enable wheelchair accessible homes built above ground floor level to be categorised as such.

Eligibility

You will need to be earning a guidance income of £60,483. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £19,350. Total approximate savings required £23,350.

Important borough specific eligibility criteria

Lambeth

Priority will go to applicants with a connection to Lambeth but all applicants can apply.

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.

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.

Ground floor
Communal Entrance Hall with passenger lift.

Fourth floor
Entrance hallway, living room, kitchen, bedroom, bathroom/WC

External
Balcony 
Communal grounds and secure cycle store.

GIA
46 square metres (495 sq. ft ) as per RICS valuation

Accessibility rating 
A – Wheelchair Accessible

EPC rating
B

Length of lease
97 Years

Borough
Lambeth

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.