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£101,875
Reserve a selected home this March and receive £1,500 towards buying costs!* Third floor apartment offering 50.6 sq.m of internal floor area with outdoor space. Contact a...
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.
Reserve a selected Shared Ownership home between the 1st - 31st March and receive a £1,500 contribution towards your buying costs*
Prime Point, Greenwich Peninsula Brand New Shared Ownership Homes
Plot 277 - third floor apartment offering 50.6 sq.m of internal floor area. Book a viewing today.
Full Market Value: £407,500
Shared Value (25%): £101,875
Minimum deposit: £10,188
Required income: £49,000
Council tax band: TBC
Discover Prime Point in Greenwich Peninsula | A brand new collection of Manhattan Studios, 1 & 2 bedroom Shared Ownership homes designed for modern London living.
Each home offers private outdoor space, fully integrated appliances and concierge access. Located just an 8-minute walk from North Greenwich Underground Station, Prime Point places the best of London right at your doorstep.
Enjoy a sanctuary by the river in a Zone 2/3 location that brings the city's brightest experiences closer than ever.
Register your interest today: http://lqhomes.com/primepoint
Key features:
- Concierge available to all residents
- Private outdoor space to all homes
- Fully integrated appliances
- Landscaped communal gardens and bright open spaces
- Overlooking the beautiful Central Park
- 8 minute walk to North Greenwich Underground Station, Zone 2/3
- Only 9 minutes to Canary Wharf via the underground
- With the IFS Cloud Cable Car nearby, Greenwich Peninsula provides a unique and scenic mode of transport
- Greenwich Park, an iconic landmark, is just an 8-minute cycle away
- With The O2 arena right at your doorstep, London's iconic live music venue, you'll enjoy convenient access to numerous shops, cafes, bars, and restaurants nestled within
What is Shared Ownership?
Shared Ownership is for anyone who doesn't currently own a home. If you want to get on the property ladder, but can't afford to buy outright on the open market, then Shared Ownership could be for you. Under the Shared Ownership scheme you part-buy/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%.
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.
