£300,000
Ground floor one bedroom apartment in Westminster available through Shared Ownership 75% at £300,000- Full value of £400,000
You will need to be earning a guidance income of £75,156. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx £30,000. Total approximate savings required £34,500.
Important borough specific eligibility criteria
Westminster
Applicants must be registered with the Westminster Home Ownership Team
Applicants who live and / or work in Westminster will be prioritised, pan-London applicants will be considered. Westminster will only accept applicants who have registered with the Westminster council directly. You will not be able to book a viewing for this resale without your Westminster reference number. This property will not go to anyone not registered with Westminster for a minimum of eight weeks.
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.
Accommodation
The accommodation comprises:
Internally
Ground Floor: Communal Entrance.
Ground Floor: Kitchen. Lounge. Bedroom. Bathroom with WC.
Hallway.
Externally: No external facilities.
Floor Area - The subject property is approximately 42 sq. m.