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£272,500
50% SHARE. DECORATED & FURNISHED SHOW HOME! Ready to move into. Open plan living space, with private balcony. Integrated appliance. Fitted wardrobe in master bedroom....
You can apply to buy the home if all of the following apply:
- your household income is £90,000 or less
- you cannot afford all of the deposit and mortgage payments to buy a home that meets your needs
One of the following must also be true:
- you're a first-time buyer
- you used to own a home but cannot afford to buy one now
- you're forming a new household - for example, after a relationship breakdown
- you're an existing shared owner, and you want to move
- you own a home and want to move but cannot afford to buy a new home for your needs
If you own a home, you must have completed the sale of the home on or before the date you complete your shared ownership purchase.
As part of your application, your finances and credit history will be assessed to ensure that you can afford and sustain the rental and mortgage payments.
PROFESSIONALLY STYLED AND DECORATED, FURNISHED SHOW HOME!
50% SHARE PRICE
Plot B-11-02Contemporary 2-bedroom show home ready to move into. Styled, decorated and furnished by a professional interior designer! Open plan living space leading to private balcony, ideal for entertaining and alfresco dining. Integrated appliances and flooring included. Master bedroom with fitted wardrobe. Great connections on your doorstep, Brent Cross West Overground station and Brent Cross tube station both within walking distance. Reach King's Cross in under 20 minutes*. Ample shops, bars, restaurants and entertainment to enjoy at the iconic Brent Cross Shopping Centre.
- Full Market Value: £545,000
- Shared Value (50%): £272,500
- Minimum deposit (10%): £27,250
- Required income: £77,529**
- Council tax band: TBC
Make your homeownership dreams a reality at L&Q at Brent Cross Town, located in the heart of North London. Nestled within the London Borough of Barnet, this is set to be a cornerstone of one of Europe's largest regeneration projects, delivering over 7,000 homes to Brent Cross. Barnet Council's ambitious regeneration works redefines Brent Cross into a dynamic new London district, full of life and excitement with opportunities to explore the new, vibrant community boasting exceptional shops and modern local parks for leisurely strolls and relaxation. Just on your doorstop, the recent launch of the state-of-the-art Brent Cross West station giving commuters effortless access to the city with trains travelling to King's Cross in under 20 minutes^.
Experience the transformation of Brent Cross Shopping Centre and the introduction of a bustling new high street south of the North Circular. Indulge in an abundance of retail therapy, savour culinary delights at local eateries, and discover cosy cafes and vibrant office spaces.
BOOK A VISIT TODAY!
What is Shared Ownership?
Under the Shared Ownership scheme you part-own and part-rent your home, making it possible for first-time buyers and families to get on the property ladder. The minimum share you can purchase is 25% and the maximum is 75%. You will usually pay a mortgage on the part you own and a subsidised rent on the part you don't own. As your income rises, you can increase the share you own until you eventually own 100%
*Travel times taken from google.co.uk/maps
**Required income based on a joint application. Single applicants may require a higher income.
You can add locations as 'My Places' and save them to your account. These are locations you wish to commute to and from, and you can specify the maximum time of the commute and by which transport method.
