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£150,000
A premium 2 bedroom apartment in an exclusive new private development, located in the heart of Hackney.
Spur House is just 100 metres from Hackney Downs station (Liverpool St – 10 mins), with Mare St, Hackney Central and the green spaces of London Fields & Hackney Downs all just a few hundred metres away.
The building itself has a south-west aspect, bringing almost optimum light into the very spacious main living area of this highly specified, premium size 1st floor apartment. Two large double bedrooms and an attractive bathroom complete the generous accommodation.
Shared ownership is the easier way to have a home of your own, rather than renting with no return. You buy the financial share that works for your budget and pay an affordable monthly fee to us for the bit you haven't bought. You need a smaller deposit, as it's based on the price of the share you buy, rather than the full value. And, just like owning outright, when you want to move on you simply sell your share for its market value at that time. Or, when you're ready, you can buy more shares...until it's all yours.
Initially you can buy between 25-75%, according to what you can afford. Some round-number examples, based on a home with a full market value of £600,000
25% share = £150,000 (Your 5% deposit would be £7,500; your monthly mortgage £757* and your monthly fee £1031 = £1788/month)
50% share = £300,000 (Your 5% deposit would be £15,000; your monthly mortgage £1514* and your monthly fee £688 = £2202/month)
75% share = £450,000 (Your 5% deposit would be £22,500; your monthly mortgage £2271* and your monthly fee £261 = £2532/month)
It really works, with hundreds of thousands of people across the country having already bought their home this way.
Our experienced, professional team is here to ensure that things go as smoothly as possible. Call us 9am-5pm Monday-Friday, or email us anytime, to discuss how it could work for you.
For further information go to www.buywithisha.co.uk
*Based on a mortgage rate of 5% and a term of 35 years. Please note, rates and criteria vary. A service charge is payable in addition to the above.
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