- 1 Bedroom
- 40% share available
- Call 0203 815 1234 to book your appointment.
Third floor, one bedroom home in the London borough of Merton for £108,000 40% share of £270,000 full market price, available through Shared Ownership.
Monthly Mortgage: £546.26
Monthly Rent: £265.25
NHHO Service Charge: £137.63
Council Tax: £108.75
Estimated Total (per month): £949.14 excluding council tax
£108,000 (40% share price of £270,000)
- Communal gardens
Entry phone system, passenger lift and stairwell.
Bedroom, reception/kitchen, hallway, bathroom with WC.
64 sq. m
Length of lease
You will need to be earning a guidance income of £34,804. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx.£10,800. Total approximate savings required £14,800.
Important borough specific eligibility criteria
Pan London prioirity will be given to applicants who live or work in the borough of Merton.
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||1|
|Full market price||£270,000|
|Ownership||40% share available|
|Guidance household income||£34,804|
Location and local area
Mitcham Junction (1.9km)