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18 Cutter Lane

Shared ownership

Greenwich, London, SE10 0YB

For sale
Shared ownership
Photo of 18 Cutter Lane
Live from space album cover

from

£116,250

with min. deposit

£11,625

25% Share from
£116,250
Full market price
£465,000
Minimum deposit
£11,625
Monthly rent
£696
Monthly service charge
£216.82
Annual ground rent
£100
Reservation free
£500

1 bedroom flat

SHARED OWNERSHIP

Full Market Value - £465,000

You Pay (25%) - £116,250

Monthly Rent - £696.89

Service Charge - £216.82

Annual Ground Rent - £100

Council Tax Band: D

250 year lease commenced in June 2004 - 231 years remaining.

NO PARKING

EWS1 Certification is available for this property. 

Situated on the seventh floor of this riverside development is this bright and airy one bedroom apartment. The apartment is flooded with natural light, which is absorbed via the large floor to ceiling windows, which also further enhance the impressive views from all rooms, directly overlooking the River Thames.

Greenwich Peninsula is a highly desirable location, which …

Features

Balcony

Lift access

Bedrooms1
Bathrooms1
Reception rooms1
Floor area47
Number of floors1
Entrance floor7th floor
Tenureleasehold
Lease years246
EER Current84
EER Potential84
EIR Current96
EIR Potential96

from

£116,250

with min. deposit

£11,625

25% Share from
£116,250
Full market price
£465,000
Minimum deposit
£11,625
Monthly rent
£696
Monthly service charge
£216.82
Annual ground rent
£100
Reservation free
£500
L&Q

L&Q

FAQs

Shared ownership is a government-backed scheme, designed to make stepping onto the property ladder more affordable. You buy a portion of a home normally with a mortgage and a deposit, and pay a low-cost rent on the rest.

Read more on the Shared Ownership FAQ

Help to Buy is an equity loan scheme to help you buy a new home. If you have a 5% deposit and can cover 75% of the value of the home with a mortgage (or 55% in London), the Government will lend you up to the remaining 20% (40% in London) in the form of an equity loan that carries 0% interest in the first 5 years. This is available on a variety of new-build properties for first time buyers and is subject to the property price, the subsequent price cap in that region and the developer offering the option.

You can read more on the Help to Buy FAQ

The rules for shared ownership are different to a private purchase. In short, as long as you don’t currently own, or won’t own another property when you move in to a new home, you’re likely to qualify. Help to Buy is available to first time buyers only and the property value itself must fall below a price threshold for that specific area which varies in terms of the average house price in the region.

Read more about eligibility in the FAQ

Some properties require you to live or work in the local area in order to be eligible to buy them. By knowing the areas in which you live and work, we can make sure you see everything available to you.

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