Ashton House
Cottington St, London, SE11 4BN
from
£225,000
with min. deposit
£22,500
2 bedroom flat
SHARED OWNERSHIP
Full market value - £500,000
You pay (45%) - £225,000
Monthly Rent - £505.31
Monthly Service Charge - £249.09
Annual Ground Rent - £100
125 year lease commenced in April 2019 (120 years remaining)
New guidance, from the Royal Institute of Chartered Surveyors (RICS), means that lenders should no longer require an EWS1 form for this property. However, we cannot guarantee that all Mortgage lenders, brokers and valuers are utilising the same criteria.
This apartment is close to Kennington Underground station (Northern Line), Elephant & Castle Mainline and Underground stations (Bakerloo and Northern lines, plus overground services to …
Features
Bedrooms | 2 |
Bathrooms | 1 |
Reception rooms | 1 |
Furniture status | unfurnished |
Floor area | 60 |
Number of floors | 1 |
Entrance floor | 1st floor |
Tenure | leasehold |
Lease years | 120 |
Key Information Document |
from
£225,000
with min. deposit
£22,500
FAQs
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
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