£125,000
Two-bedroom sixth floor flat in Tower Hamlets available through Shared Ownership full value £500,000 (25% share price of £125,000)
As a guide you will need to have a household income of at least £69,047. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £12,500. Total approximate savings required £16,500.
Important borough specific eligibility criteria
Tower Hamlets
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
SPECIFICATION
Sixth floor
- Hallway
- Reception
- 2 Bedroom 2
- Bathroom with W/C
- Living room/kitchen
GIA
76 sqm
EPC rating
C
Length of lease
109 years remaining
Borough
Tower Hamlets