Abbotts Wharf, Stainsby Rd, London, E14 6JL
with min. deposit
1 bedroom flat
Full market value - £380,000
You pay (50%) - £190,000
Monthly rent - £ 441.59
Service charge - £ 297.54
Ground Rent - £0
125 year lease commenced September 2005 - 108 years remaining
EWS1 Certification is available for this property
Abbott's Wharf is just half a mile from Westferry Road DLR Station which offers good links to the City and Canary Wharf and less than a mile from Mile End station, giving access to the District, Central and Hammersmith & City lines. The development has many nearby amenities including Crisp Street market.
There is a nearby green park with children's play area, coffee shop and community space (less than 2 …
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with min. deposit
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