- 2 Bedrooms
- 40% share available
- Viewing on 29 September 2018. Call 0203 815 1234 to book your appointment.
Ground floor, two bedroom home in the London borough of Lambeth for £192,000 (40% share, share price of £480,000 full market price), available through Shared Ownership.
Monthly Mortgage*: £1,020.69
Monthly Rent: £562.32
NHHO Service Charge: £175.55
Council Tax: £115.50
Estimated Total (per month): £1,758.56 excluding council tax
*The monthly mortgage is based on an interest rate of 4.50% with a capital and interest repayment over 25years. It is based on a 10 % mortgage. The rent may increase each year, the increase calculation will be specified in the lease.
£192,000 (40% Share Price of £480,000)
- One allocated car parking space
Communal entrance hallway, flat entrance, hallway, lounge, kitchen, two bedrooms (1 with en-suite shower with w.c), bathroom with w.c
Communal landscaped courtyard garden, allocated single car parking space
64 sq. m
Length of lease
You will need to be earning a guidance income of £63,372 the cost of buying the home. A minimum 10% deposit approx. £19,200. Total approximate savings required £23,200.
Important borough specific eligibility criteria
Applicants from all London boroughs can apply with priority given to Lambeth 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 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||£480,000|
|Ownership||40% share available|
|Guidance household income||£63,372|
Location and local area