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Brunel Street Works

Shared ownership

Silvertown Way, Newham, E16 1EA

For salenew home
Shared ownership
Photo of Brunel Street Works
Live from space album cover

from

£102,500

with min. deposit

£10,250

25% Share from
£102,500
Full market price
£410,000
Minimum deposit
£10,250
Monthly rent
£704
Monthly service charge
£168

1 bedroom flat

1, 2 and 3 bedroom apartments available with Shared Ownership in Canning Town!

L&Q at Brunel Street Works is the gateway to a bold new future for Canning Town boasting 167 beautiful new homes available through Shared Ownership. This pioneering vibrant new neighbourhood sits on the doorstep of Canning Town and leads a £3.7 billion regeneration programme bringing new homes, public spaces, restaurants & cafés, shops and creative workspaces to this well located area of London within a short walk to the Royal Docks.

Key Features

Excellent views over the 02 Arena, River Thames and Canary Wharf
Excellent rail links with Canning Town station just a …

Features

Bedrooms1
Bathrooms1
Reception rooms1
Number of floors1
Entrance floorGround floor
Tenureleasehold

from

£102,500

with min. deposit

£10,250

25% Share from
£102,500
Full market price
£410,000
Minimum deposit
£10,250
Monthly rent
£704
Monthly service charge
£168
L&Q London

L&Q London

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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