- 2 Bedrooms
- 40% share available
- Call 0203 815 1234 to book your viewing.
Second floor, two bedroom home in the London borough of Hillingdon for £124,000 40% share of £310,000 full market price, available through Shared Ownership.
Monthly Mortgage*: £627.18
Monthly Rent: £348.65
NHHO Service Charge: £175.98
Notting Hill Administration Fee: £13.50
Council Tax: £117.25
Estimated Total (per month): £1,165.31 excluding council tax
*Estimate – The monthly mortgage is based on an interest rate of 4.5% with a capital and interest repayment over 25 years. It is based on a 10% mortgage. The rent may increase each year, the increase calculation will be specified in the lease.
£124,000 (40% share price of £310,000)
- Permit parking
- Communal gardens
Lobby, communal entrance, stairs and lift to upper floors
Flat entrance, hallway, combined bathroom/wc, open plan kitchen and reception room, two bedrooms, cupboards off hallway
Permit parking, communal gardens
Length of lease
You will need to be earning a guidance income of £41,993. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £12,400. Total approximate savings required £16,400.
Important borough specific eligibility criteria
Priority will go to applicants with a connection to Hillingdon 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.
Details correct as at 19/09/2018
|Number of Beds||2|
|Full market price||£310,000|
|Ownership||40% share available|
|Guidance household income||£41,993|
Location and local area
West Drayton (1km)