keaze logo

Albert Embankment Collection

Shared ownership

The Dumont, 27 Albert Embankment, Lambeth, SE1 7TJ

For salenew home
Live from space album cover
  • from

    £151,250

    1 bedroom

from

£151,250

with min. deposit

£7,563

Clarion

£151,250

1 bedroom Flat

Availability

For sale

Minimum share

25%

Full market price

£605,000

Deposit from

£7,563

Monthly rent

£994

Monthly service charge

£327

Bedrooms

1

Bathrooms

1

Reception rooms

1

Number of floors

1

Entrance floor

2nd floor

Tenure

leasehold

Overview

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.

Similar properties

Patchworks SO
Shared ownership

Patchworks SO

new home

107-129 Seven Sisters Road, Islington

2

1

Minimum deposit

£15,125

25% Share from

£151,250

Full price

£605,000

L&Q at New Stratford Works
Shared ownership

L&Q at New Stratford Works

new home

Penny Brookes Street, Stratford

3

2

Minimum deposit

£7,563

25% Share from

£151,250

Full price

£605,000

Chancery Building - 12th Floor
Shared ownership

Chancery Building - 12th Floor

3 New Mill Road, Wandsworth

1

1

Minimum deposit

£15,125

25% Share from

£151,250

Full price

£605,000